Bought with Real Property Associates
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Key Details
Sold Price $1,765,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,972 sqft
Price per Sqft $253
Subdivision Marysville
MLS Listing ID 2054121
Sold Date 05/19/23
Style 55 - 5-9 Units
Year Built 1988
Annual Tax Amount $12,036
Lot Size 0.480 Acres
Property Description
This one-owner, 7-unit building has loads of investment potential. Located on a quiet, dead-end, & partially residential street. The building, systems, & low-maintenance grounds have been meticulously maintained. Long-term tenants are below market rents with opportunity to immediately increase cashflow. Interior finishes could be updated to maximize rents in the future. Easy access to Marysville’s amenities improves rentability. Built in 1988 & managed by the same family since, with that continuity showing in the condition. Adjacent to MLS# 2054124, a 3-unit building for sale by the same owner. In-unit W/D, tandem 2-car carport parking + spacious storage for each unit.
Location
State WA
County Snohomish
Area 770 - Northwest Snohomish
Interior
Interior Features Wall to Wall Carpet, Laminate
Flooring Laminate, Vinyl, Carpet
Fireplace No
Exterior
Exterior Feature Wood Products
Amenities Available Cable TV, Deck, High Speed Internet, Patio
Waterfront No
View Y/N No
Roof Type Composition
Building
Lot Description Curbs, Dead End Street, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Marysville
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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John Dirgo Deweese
Designated Broker | License ID: 25033
Designated Broker License ID: 25033