1605 8th Street, Marysville, WA 98270

$475,000

Listing courtesy of GXPlus-Realty.

List Price
$475,000
Status
PENDING INSPECTION
MLS#
1812952
Price Change
▼ $5,000 1628933915
Days on Market
61
Style
52 - Duplex
Building Condition
Good
Area Total SqFt
1677
Lot Size (sq ft)
6,534

Property Description

Attention Investors Cap Rate: 5.8% - Great Location in Marysville, area is going through tremendous growth and rebuilding. Upgraded in 2007: windows, electrical panel/wiring, siding, Pabco 40yr architectural shingles, bathroom fixtures, hot water tanks, int/ext paint and flooring. ADU has T1-11 siding. Property is Zoned R8SFHSL - contact city about possible rezoning in the future. Currently 2 separate homes one has 3 beds 1 bath and the other 1 bed 1 bath. Each has separate water and electric meters. Homes are both with great potential as investment property or rental income. Current rents are below market due to covid-19 regulations.

Additional Information

List Date
2021-07-23 00:00:00
Community
Marysville
Potential Terms
Cash Out, Conventional
Year Built
1918
Roof
Composition
Heating/Cooling Type
Baseboard
Energy Source
Electric
School District
Marysville
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$2,675
Gross Scheduled Income
$32,100
Tax Year
2021
Insurance Expense
$752
Total Expenses
$4,385
Net Operating Income
$27,715
Cap Rate
5
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks