This property is Off-Market
1126 Grove Street
Marysville, WA 98270 ·
7 Units · Multifamily For Sale
Marysville Multifamily 7 Unit Apartment 7% Cash...
|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.
var _gaq = _gaq || ;
ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'http://www') + '.google-analytics.com/ga.js';
var s = document.getElementsByTagName('script'); s.parentNode.insertBefore(ga, s);
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)
Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property
Marysville Market Trends - Asking price index trends, sale price trends, asking rent trends
Demographics - Review demographics in this neighborhood
Not exactly what you're looking for? Start a new custom search to find the perfect property
The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.