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    1902 Grove Street

    Marysville, WA 98270
    • $1,594,000
    • STATUS: Active
    • ON SITE: 181 days
    • MLS #: 1722842
    UPDATED: 25 min ago
    $1,594,000
    • 0
      BEDS
    • 0.74
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of The Preview Group.

    Description

    This is a unique multi-family complex consisting of 6 Rentals. Withoptions to build more units and grow your Net Operating Income. - 5 units and a 1335 sq/ft home currently. (5 apt: 2 are -2 bed rm /1 bath; & 3 - 1 bedrm 1 bath; + 1 rambler-2 bedrms/2 bath house) all on .74 acres. Zoning is Mixed Use and allows additional multi-family outright at a density of 28 units/acre (20 for this lot sized-per City-Buyer to verify). Updated condition & very well maintained. Separate coin operated laundry. Lots of parking &storage sheds. Units are under market rents with a very low vacancy rate. Tenants are unaware of sale, the city of Marysville is constantly expanding and building on this piece would be very lucrative for the future.

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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 Keller Williams Tri-Cities are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-30T11:14:37.137.

    www.communityrealestategroup.com/homes/113745591
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    1902 Grove Street Marysville, WA 98270

    • Price: $1,594,000
    • Status: Active
    • Updated: 25 min ago
    • MLS #: 1722842
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.74
    Acres
    1963
    Built
    Neighborhood:
    Central Marysville
    County:
    Snohomish
    Area:
    NW Snohomish Cty/Marysville/Tulaip
    School District:
    Marysville
    Property Description
    This is a unique multi-family complex consisting of 6 Rentals. Withoptions to build more units and grow your Net Operating Income. - 5 units and a 1335 sq/ft home currently. (5 apt: 2 are -2 bed rm /1 bath; & 3 - 1 bedrm 1 bath; + 1 rambler-2 bedrms/2 bath house) all on .74 acres. Zoning is Mixed Use and allows additional multi-family outright at a density of 28 units/acre (20 for this lot sized-per City-Buyer to verify). Updated condition & very well maintained. Separate coin operated laundry. Lots of parking &storage sheds. Units are under market rents with a very low vacancy rate. Tenants are unaware of sale, the city of Marysville is constantly expanding and building on this piece would be very lucrative for the future.
    Exterior Features

    Carport Spaces 2 Carport YN No Covered Spaces 0 Exterior Features Wood Lot Features Paved Open Parking Spaces 10 Open Parking YN Yes Parking Total 12 Parking Uncovered Spaces 10 Roof Composition Structure Type Multi Family Style Code 55 - 5-9 Units View YN Yes Waterfront YN No

    Interior Features

    Fireplace YN No Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type Wall Heating YN Yes

    Property Features

    Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 92100 Insurance Expense 3529 Irrigation Water Rights YN No Leased Items None Listing Terms Conventional Net Operating Income 67992 New Construction YN No Power Production Type Electric Property Condition Very Good Property Sub Type Multi-Family Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 9476 Tax Year 2020 Total Expenses 24308 Units In Building Total 6 Utilities Sewer ConnectedElectricity Available Water Sewer Garbage 8157 Water Source Public Zoning Jurisdiction City

    Listing information © 2021 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 Keller Williams Tri-Cities 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 Keller Williams Tri-Cities are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-30T11:14:37.137.

     
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    Keller Williams Tri-Cities
    4390 W Van Giesen
    West Richland WA, 99353
    Listing Courtesy of The Preview Group.