1902 Grove St

    Marysville, WA 98270
    • $1,100,000
    • STATUS: Active
    • ON SITE: 12 days
    • ID#: 1290612
    UPDATED: 61 min ago
    $1,100,000
    • 0
      BEDS
    • 0.74
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,346
      SQFT
    • $206
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Windermere Real Estate Js.

    Description

    This beautiful multi-family complex is on Grove St. family owned since '75. Property has 6 units (5 apt: 2 -2 bd rm /1 bth; 3 - 1 bdrm 1 bath; 1rambler-2 bdrms/2 bth house) all on .74 acres, room for additional units. Zoning is Mixed Use allows mix of multi-family/light commercial or multi-family outright at a density of 28 units/acre (per City-Buyer to verify). Very updated condition. 4 unit building rebuilt-early 2000s. Separate coin operated laundry. Lots of parking, under market rents.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Craig McKenzie Team | KW Whidbey are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-24T22:16:40.657.

    www.thecraigmckenzieteam.com/homes/83494239

    1902 Grove St Marysville, WA 98270

    • Price: $1,100,000
    • Status: Active
    • Updated: 61 min ago
    • ID#: 1290612
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.74
    Acres
    5,346
    SQFT
    $206
    $/SQFT
    1963
    Built
    Neighborhood:
    Central Marysville
    County:
    Snohomish
    Area:
    NW Snohomish Cty/Marysville/Tulaip
    School District:
    Marysville
    Property Description
    This beautiful multi-family complex is on Grove St. family owned since '75. Property has 6 units (5 apt: 2 -2 bd rm /1 bth; 3 - 1 bdrm 1 bath; 1rambler-2 bdrms/2 bth house) all on .74 acres, room for additional units. Zoning is Mixed Use allows mix of multi-family/light commercial or multi-family outright at a density of 28 units/acre (per City-Buyer to verify). Very updated condition. 4 unit building rebuilt-early 2000s. Separate coin operated laundry. Lots of parking, under market rents.
    Exterior Features

    Building Condition Very Good Carport Spaces 2 Exterior Wood Foundation Poured Concrete Garage Spaces 0 Lot Details CurbsPaved StreetSidewalk Roof Composition Stories In Building 2 Style 55 - 5-Plex Total Parking Spaces 0 Uncovered Spaces 0

    Interior Features

    Heating And Cooling Wall Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 550 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 750 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 750 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Dishwasher N Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 550 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 1 Unit5 Dishwasher N Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 550 Unit5 Washer Dryer N Unit6 Bathrooms 2.00 Unit6 Bedrooms 2 Unit6 Dishwasher N Unit6 Fireplaces 0 Unit6 Range Oven N Unit6 Refrigerator N Unit6 Sq Ft 1335 Unit6 Washer Dryer N Units Below Grade N

    Property Features

    Amenities Coin Op Laundry Bank Owned No Cap Rate 0.04 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Exempt General Zoning Classification Multi-FamilyOffice Gross Adjusted Income 61200 Gross Rent Multiplier 15 Gross Scheduled Income 61200 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 3329 Leased Items None Net Operating Income 37092 New Construction YN No Other Expenses 5568 Possession ClosingSub. Tenant's Rights Power Company Pud Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company City Of Marysville Site Features Cable TVOutbuildings Tax Amount 7054 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 24108 Total Expenses TEX 24108 Total Monthly Income 5375 Unit1 Monthly Rent 800 Unit2 Monthly Rent 850 Unit3 Monthly Rent 950 Unit4 Monthly Rent 800 Unit5 Monthly Rent 675 Unit6 Monthly Rent 1400 Vacancy Rate 0 Water Company City Of Marysville Water Sewer Garbage 8157 Water Source Public Zoning Jurisdiction City

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by The Craig McKenzie Team | KW Whidbey and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Craig McKenzie Team | KW Whidbey are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-24T22:16:40.657.

     
    The Craig McKenzie Team | KW Whidbey
    32650 SR 20
    Oak Harbor WA, 98277
    Listing Courtesy of Windermere Real Estate Js.