118 E Victoria Avenue Burlington, WA $ 775,000
118 E Victoria Avenue
$ 775,000
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118 E Victoria Avenue

Burlington, WA, 98233
$ 775,000
Baths0.0 Sq 2,857

Monthly Estimate*

$ 4,835

Listed by John L. Scott Skagit
118 E Victoria Avenue, Burlington, WA 98233 - Image 1
118 E Victoria Avenue, Burlington, WA 98233 - Image 2
118 E Victoria Avenue, Burlington, WA 98233 - Image 3
118 E Victoria Avenue, Burlington, WA 98233 - Image 4
118 E Victoria Avenue, Burlington, WA 98233 - Image 5
118 E Victoria Avenue, Burlington, WA 98233 - Image 6
118 E Victoria Avenue, Burlington, WA 98233 - Image 7
118 E Victoria Avenue, Burlington, WA 98233 - Image 8
118 E Victoria Avenue, Burlington, WA 98233 - Image 9
118 E Victoria Avenue, Burlington, WA 98233 - Image 10
118 E Victoria Avenue, Burlington, WA 98233 - Image 11
Studio

Multi-Family Home for sale in Burlington, WA

for $775,000. This 2,857 square foot home was built in 1925 on a lot size of 0.1538.

Excellent opportunity to own a 5-Unit building, 3,000 +/- sq ft in the heart of Burlington, close to shopping, schools, and I-5. All 5 units are currently occupied, immediate rental income for the next owner! All 5 units are studios or 1 bedrooms each with with their own kitchen and bathroom. Plumbing and electrical has been updated. Metal roof installed in 2007. 884 sq ft unfinished basement for tenant storage. Abundant off street-street parking. Public transportation nearby.

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Multi-Family Active

Price

$ 775,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,896

Style

5-9 Units

Lot Size

0.1538

Year Built

1925

Town/City

Burlington

County/Region

Skagit

MLS | Web ID

2448143

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Metal
HOA Fee 0
Year Built 1925
Property Subtype Multi Family
Tax Year 2025
County Skagit
Net Operating Income 32817
Insurance Expense 3326
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
Subdivision Name Burlington
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions Proceed north on Burlington Boulevard past HWY 20. Go North one block past Fairhaven Avenue. Go East on Victoria Avenue. Property on the Right.
High School Burlington Edison Hi
City Burlington
Senior Community Y/N N
High School District Burlington
Zoning Description Multi-Family
Open Parking Spaces 5
Number Of Units Total 5
MLS Area 825 - Burlington
Lot Size Units Square Feet
Lot Size Square Feet 6700
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Elementary School Lucille Umbarger Ele
Tax Annual Amount 6896
Electric Expense 1234
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Public Remarks Excellent opportunity to own a 5-Unit building 3 000 +/- sq ft in the heart of Burlington close to shopping schools and I-5. All 5 units are currently occupied immediate rental income for the next ow
Leasable Area 2857
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Basement Thermal Windows
Water Company PUD
Units Below Grade false
Units In Building Total 5
Water Sewer Garbage 3293
Property Style 55 - 5-9 Units
Cap Rate 4.2
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Alley Paved Secluded
Water Source Public
Total Parking 5
Foundation Details Poured Concrete
Building Area Total 2857
Lot Size Acres 0.1538
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV
Parking Uncovered Spaces 5
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Interior
Flooring Vinyl Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2448143
Street Number 1 118
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* Excluded Features
List By
Andrew Sale

Listing Agent

John L. Scott Skagit

Broker

Affordability Calculator

$5,410
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,835
Monthly Property Taxes
$575
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5321551 Elementary School
3100402 Middle School
Burlington Edison Hi High School High School
Pricing History
DatePricePrice ChangeDescription
10/24/2025$775,000 Listed Price

Map


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118 E Victoria Avenue, Burlington, WA, 98233 is a Multi-Family Home for sale at $775,000 with 2,857 sqft and a lot size of 0.1538. 118 E Victoria Avenue is a studio with 0.0 baths and was built in 1925. The property's zip code is 98233 which is in Burlington, WA