12701 48th Ave NE, Marysville, WA 98271

$689,000
3,264
SqFt

Listing courtesy of Redfin Corp..

List Price
$689,000
Status
ACTIVE
MLS#
1557576
Price Change
▼ $10,000 1596174657
Days on Market
247
Style
53 - Tri-plex
Building Condition
['Average']
Finished SqFt
3,264
Lot Size (sq ft)
15,682

Property Description

Fantastic investment opportunity to own this Townhome style Tri Plex in Marysville. Easy to rent and low vacancy rate. Good income potential. Live in one and rent the others. Each unit is 1088 square feet featuring 2 beds 1.5 bath w/laundry hkups & multiple decks overlooking private backyards. 2 units have updated flooring and baths. Situated on .36 acres. Potential to divide into two lots. Has controlling access to additional lots beyond prop line. No sign. Do Not Disturb Tenants or walk prop.

Additional Information

List Date
2020-01-23 00:00:00
Community
Marysville
Property Type
MULT
Units
3
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1983
Total Parking
9
Uncovered Parking
9
View
Territorial
Exterior
Wood, Wood Products
Roof
Tile
Site Features
Deck
Lot Details
Corner Lot, Cul-de-sac, Dead End Street, Paved Street
School District
Marysville
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$3,625
Gross Scheduled Income
$43,500
Vacancy Rate
3
Gross Adjusted Income
$42,291
Annual Taxes
$5,616
Tax Year
2019
Insurance Expense
$1,650
W/S/G Expenses
$3,252
Total Expenses
$10,518
Net Operating Income
$31,773
Gross Rent Multiplier
16
Cap Rate
4

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.50
Unit 1 Size
1088
Unit 1 Rent
$1,325
Unit 2 Beds
2
Unit 2 Baths
1.50
Unit 2 Size
1088
Unit 2 Rent
$1,400
Unit 3 Beds
2
Unit 3 Baths
1.50
Unit 3 Size
1088
Unit 3 Rent
$1,300
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