6828 51st Avenue NE, Marysville, WA 98270
- $1,050,000
- 3,657
- SqFt
Listing courtesy of Agency One NS. Selling Office: KW North Sound.
- Sold Price
- $1,050,000
- List Price
- $1,075,000
- Status
- SOLD
- MLS#
- 2073129
- Closing Date
- Jul 25, 2023
- Days on Market
- 19
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 3,657
- Area Total SqFt
- 3657
- Annual Tax Ammount
- 4152
- Internet Provider
- Comcast
- Lot Size (sq ft)
- 27,007
- Sewer
- Septic Tank
Property Description
Opportunity Knocks! SELLER WILL CARRY CONTRACT at 5% INTEREST. Marysville 4 unit, income producing rental property. Could be developed into larger Multi-Family development. Main house is brick duplex with a very large two bedroom unit, and a small MIL apt that rents separately. In the back, there are two separate cottages, each rented with newly installed mini-splits, and newer roofs. Two car garage is also rented separately. Property is currently on a well and three septics, however water and sewer are readily available in the street. There is a TON of potential here, and the best part is that the seller is willing to carry a contract at 5% interest with 20% down!! Have cash flow while you pull the permits! Zoned R18MFM
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Additional Information
- List Date
- 2023-07-06 00:00:00
- Community
- In Town - Marysville
- Net Operating Income
- $64,756
- Gross Adjusted Income
- $71,400
- Gross Scheduled Income
- $71,400
- Total Monthly Income
- $5,950
- Insurance Expenses
- $1,772
- Water/Sewer/Garbage Expenses
- $480
- Gross Rent Multiplier
- 15
- Total Expenses
- $6,644
- Cap Rate
- 6
- Vacancy Rate
- 25
- Total Number of Units
- 4
- Unit Name
- 6828
- Potential Terms
- Cash Out, Conventional, Owner Financing
- Year Built
- 1953
- Roof
- Composition
- Electric Expenses
- 240
- Energy Source
- Electric
- School District
- Marysville
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $5,950
- Gross Scheduled Income
- $71,400
- Vacancy Rate
- 25
- Gross Adjusted Income
- $71,400
- Tax Year
- 2023
- Insurance Expense
- $1,772
- W/S/G Expenses
- $480
- Total Expenses
- $6,644
- Net Operating Income
- $64,756
- Gross Rent Multiplier
- 15
- Cap Rate
- 6
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