6425 47th Avenue NE, Marysville, WA 98270
- $1,150,000
- 3,456
- SqFt
Listing courtesy of Windermere Real Estate JS.
- List Price
- $1,150,000
- Status
- ACTIVE
- MLS#
- 2056062
- Price Change
- ▼ $100,000 1686182348
- Days on Market
- 149
- Style
- 54 - 4-Plex
- Finished SqFt
- 3,456
- Lot Size (sq ft)
- 16,553
Property Description
This Four-Plex will impress! 2 bedrooms, 1 bath, living, dining rooms and kitchen. Each unit has ample storage (including outside storage in carport), 1 covered and 1 uncovered parking space per unit and private patios/courtyards. There are 2 buildings. Each building has a laundry room shared by 2 units. The common grassy yard is fenced and private. The outbuilding is a shed which stores extra building materials, yard tools, and appliances. Great location just minutes from schools, shopping and easy for commuters. Many units have been updated including newer roof on the north building, flooring, and appliances. Almost always occupied these units have had rents escalating yearly. 3 of the 4 units are on month to month. New lease for Unit 3.
Additional Information
- List Date
- 2023-04-27 18:52:11
- Community
- Central Marysville
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1967
- Roof
- Composition
- Site Features
- Fenced-Partially, Outbuildings, Patio
- School District
- Marysville
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $71,100
- Gross Scheduled Income
- $71,100
- Gross Adjusted Income
- $71,100
- Tax Year
- 2022
- Insurance Expense
- $2,765
- W/S/G Expenses
- $8,699
- Total Expenses
- $22,612
- Net Operating Income
- $48,488
- Gross Rent Multiplier
- 17.58
- Cap Rate
- 4
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