This Multifamily Property is Off-Market.

1126 Grove Street
Marysville, WA 98270 ·

7 Units · Multifamily For Sale



Marysville Multifamily 7 Unit Apartment 7% Cash...

Price N/A Cap Rate 6.37%
No. Units 7 Gross Rent Multiplier 10.20
Building Size 6,506 SF No. Stories 1
Property Type Multifamily Year Built 1963
Property Sub-type Garden/Low-Rise Lot Size 0.50 AC
Property Use Type Investment APN / Parcel ID 00585600101004, 005856001
Listing ID: 17663671 Date Created: 05/16/2012 Last Updated: 09/23/2012


7 Units (3 one-bedroom, 4 two-bedroom) spread over 2 parcels on large half acre lot. All units have washer/dryer hook up, carport, and front/back patio/yard. Large grass lawn behind building. Both parcels zoned General Commercial with Mixed Use overlay. Perfect for future commercial development. This building has a strong occupancy usually with a waiting list. Most of the units have been fully renovated.

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Located conveniently just north of downtown Marysville, the tenants enjoy close proximity to Marysville Towne Center Mall (Safeway, Retail, Restaurants - 3 blocks to the east). Access to I-5 is 90 second drive. Wal-Mart & Home Depot 1 exit to the north. Marysville Special Care Facility currently being built 1 block away which is a 15,000 SF nursing care facility. It also located within 1 block of the "Marysville at Cedar and Grove Park and Ride" which offers bus services to University District and Downtown Seattle as well as other transit centers along the route.


  • Positive Cash Flow!! 7% Cash on Cash!
  • Each unit has washer/dryer hook up, carport, patio
  • 2 parcels on half acre of land
  • Owner may carry contract for qualified buyer
  • Owners current loan is assumable
  • I-5 Access very close. Safeway 3 blocks away


1126 Grove Street, Marysville, WA 98270 (Snohomish County)

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