917 State Ave , 1-10

    Marysville, WA 98270
    • $1,099,950
    • STATUS: Pending
    • ON SITE: 26 days
    • ID#: 1520036
    Under Contract
    UPDATED: 16 min ago
    $1,099,950
    • 0
      BEDS
    • 0.53
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,200
      SQFT
    • $177
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of John L. Scott, Inc..

    Description

    WOW! A Fantastic Opportunity is now yours to own this great investment property. 10 rentable spaces " 1 SFR;3 bd/1.25 ba, 4 duplexes, 1 commercial space. All units on separate electric & gas meters. Apartments have gas wall heaters, dual pane windows and metal roofs. Recent upgrades include new gutters, ext paint. Interior upgrades to the apartments include flooring, paint, kitchen, appliances, & bathroom upgrades. Please do not disturb tenants. With a Cap Rate of 8.7 it's an investor's dream!

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Record Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-10-15T19:16:50.063.

    www.recordrre.com/homes/99088438

    917 State Ave , 1-10 Marysville, WA 98270

    • Price: $1,099,950
    • Status: Pending
    • Updated: 16 min ago
    • ID#: 1520036
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.53
    Acres
    6,200
    SQFT
    $177
    $/SQFT
    1940
    Built
    Neighborhood:
    Marysville
    County:
    Snohomish
    Area:
    NW Snohomish Cty/Marysville/Tulaip
    School District:
    Marysville
    Property Description
    WOW! A Fantastic Opportunity is now yours to own this great investment property. 10 rentable spaces " 1 SFR;3 bd/1.25 ba, 4 duplexes, 1 commercial space. All units on separate electric & gas meters. Apartments have gas wall heaters, dual pane windows and metal roofs. Recent upgrades include new gutters, ext paint. Interior upgrades to the apartments include flooring, paint, kitchen, appliances, & bathroom upgrades. Please do not disturb tenants. With a Cap Rate of 8.7 it's an investor's dream!
    Exterior Features

    Carport Spaces 8 Exterior Wood Garage Spaces 0 Lot Details CurbsPaved StreetSidewalk Roof Metal Stories In Building 1 Style 56 - 6-9 Units Total Parking Spaces 20 Uncovered Spaces 12

    Interior Features

    Floor Covering Ceramic TileVinyl Heating And Cooling Wall Unit1 Bathrooms 1.00 Unit1 Bedrooms 0 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven N Unit1 Refrigerator N Unit1 Sq Ft 600 Unit1 Washer Dryer N Unit2 Bathrooms 1.25 Unit2 Bedrooms 3 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 960 Unit2 Washer Dryer N Unit3 Bathrooms 0.75 Unit3 Bedrooms 1 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 300 Unit3 Washer Dryer N Unit4 Bathrooms 0.75 Unit4 Bedrooms 1 Unit4 Dishwasher N Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 300 Unit4 Washer Dryer N Unit5 Bathrooms 0.75 Unit5 Bedrooms 1 Unit5 Dishwasher N Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 300 Unit5 Washer Dryer N Unit6 Bathrooms 0.75 Unit6 Bedrooms 1 Unit6 Dishwasher N Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 300 Unit6 Washer Dryer N Units Below Grade N

    Property Features

    Amenities Thermal Windows Bank Owned No Cap Rate 8.71 Electrical Expenses 0 Energy Source ElectricNatural Gas EPSEnergy 0 Form17 Provided Gross Adjusted Income 121860 Gross Rent Multiplier 9 Gross Scheduled Income 121860 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 2018 Leased Items Water Tank Net Operating Income 95768 New Construction YN No Other Expenses 7312 Possession ClosingSub. Tenant's Rights Power Company Sno Pud Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Marysville Site Features Fenced-Partially Tax Amount 6687 Tax Year 2019 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 26092 Total Expenses TEX 26092 Total Monthly Income 10155 Unit1 Monthly Rent 1005 Unit2 Monthly Rent 1490 Unit3 Monthly Rent 940 Unit4 Monthly Rent 945 Unit5 Monthly Rent 965 Unit6 Monthly Rent 1015 Vacancy Rate 1 Water Company Marysville Water Sewer Garbage 10075 Water Source Public

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Record Real Estate and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Record Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-10-15T19:16:50.063.

     
    Record Real Estate
    2012 S. 320th St. Suite A
    Federal Way WA, 98003
    Listing Courtesy of John L. Scott, Inc..