1303 Wildwood Street, Marysville, WA 98270

$1,020,000
3,790
SqFt

Listing courtesy of The Preview Group. Selling Office: Windermere Real Estate/CIR.

Sold Price
$1,020,000
List Price
$975,000
Status
SOLD
MLS#
1840563
Closing Date
Oct 25, 2021
Days on Market
5
Style
54 - 4-Plex
Building Condition
Very Good
Finished SqFt
3,790
Lot Size (sq ft)
7,841

Property Description

This is a strong revenue producing 4-Plex, meticulously maintained, in an ideal neighborhood of other great investments. On an impressive manicured corner lot with towering Evergreens, high quality complex & top tier managed allowing for top dollar rents. W/ 4 layouts, a rambler style unit graces the front, 2 town-home style units & an upper single level with a private deck. Each unit has its own covered carport. A no headache style laundry room w/leased washer & dryers means no maintenance. Each unit is in wonderful shape, easy access to I-5, Hwy 9, the neighborhood has a small play area, great for BBQ's. Building is in tremendous shape, continually maintained & monitored. Walk-able to transit center for an easy commute, a very strong HOA.

Additional Information

List Date
2021-10-20 00:00:00
Community
Marysville
Potential Terms
Conventional
Year Built
1968
Roof
Composition
Site Features
Cable TV, Deck
School District
Marysville
Elementary School
Pinewood Elem
Middle School
Marysville Mid
High School
Marysville Pilchuck
Total Monthly Income
$5,750
Gross Scheduled Income
$69,000
Gross Adjusted Income
$69,000
Tax Year
2021
Insurance Expense
$2,580
W/S/G Expenses
$3,000
Total Expenses
$15,978
Net Operating Income
$53,022
Gross Rent Multiplier
14
Cap Rate
5.43
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