5411 99th Place NE Unit #A/B, Marysville, WA 98270
- $799,950
- 2,364
- SqFt
Listing courtesy of HomeSmart Real Estate Assoc.
- List Price
- $799,950
- Status
- ACTIVE
- MLS#
- 2560187
- Days on Market
- 3
- Style
- 52 - Duplex
- Finished SqFt
- 2,364
- Area Total SqFt
- 2364
- Annual Tax Ammount
- 5740
- Internet Provider
- comcast
- Lot Size (sq ft)
- 11,761
- Sewer
- Sewer Connected
Property Description
Excellent investment opportunity in a desirable Marysville neighborhood! This spacious duplex features two approximately 1,182-square-foot units, each offering 2 bedrooms, 2 bathrooms, an open floor plan, in-unit laundry, a private fenced yard, and its own 2-car garage. Both units also feature gas heat, gas water heaters, and gas fireplaces. Unit A has been extensively remodeled with an updated kitchen, bathrooms, flooring, and finishes, and is leased at a premium rental rate. Unit B is occupied by a reliable long-term tenant and has also seen significant recent upgrades, including new luxury vinyl plank flooring throughout, new appliances, a new gas fireplace insert, replacement of fogged windows, new blinds, new interior doors, a new gas hot water tank, new bathroom exhaust fans, and a new cedar privacy fence surrounding the yard. The roof was installed around 2017, has been recently inspected, and was found to be in good condition. The exterior was painted approximately five years ago. Both units are occupied, with tenants contributing toward utilities, providing stable income and reduced operating expenses. Located on a quiet cul-de-sac with convenient access to shopping, schools, and commuter routes, this is a well-maintained, turnkey investment offering strong rental appeal and long-term upside.
Additional Information
- List Date
- 2026-07-25 00:28:11
- Community
- Marysville
- Net Operating Income
- $46,400
- Gross Adjusted Income
- $56,940
- Gross Scheduled Income
- $56,940
- Total Monthly Income
- $56,950
- Insurance Expenses
- $1,200
- Water/Sewer/Garbage Expenses
- $3,600
- Gross Rent Multiplier
- 14
- Total Expenses
- $10,540
- Cap Rate
- 5.8
- Total Number of Units
- 3
- Unit Name
- 5411
- Potential Terms
- Cash, Conventional, FHA
- Year Built
- 1994
- View
- Territorial
- Roof
- Composition
- Site Features
- Fenced-Fully
- Energy Source
- Oil
- School District
- Marysville
- Total Monthly Income
- $56,950
- Gross Scheduled Income
- $56,940
- Gross Adjusted Income
- $56,940
- Tax Year
- 2025
- Insurance Expense
- $1,200
- W/S/G Expenses
- $3,600
- Total Expenses
- $10,540
- Net Operating Income
- $46,400
- Gross Rent Multiplier
- 14
- Cap Rate
- 5.8
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.