1902 Grove Street Marysville, WA 98270
Listing Courtesy of: Northwest MLS / Bothell Office / Christopher Gough
$1,550,000

  1902 Grove Street Marysville, WA 98270

Active (17 Days)

Description

Builders/Investors This unique multi-family complex consists of 6 Rentals. grossing $102,600 currently. City allowing for 20 units to be built, seller has Architectual plans approved by City. Very large potential growth to your NOI. 5 unit building ( 2 are -2 bed rm /1 bath, & 3 - 1 bed 1 bath; + a 1335 sq/ft 2 bedroom home. Rambler style 2 bed/2 bath) all on .74 acres. Zoning is Mixed Use / Multi-family. New roof, recent updates & well maintained. Separate coin operated laundry. Lots of parking & storage sheds. Great location with a 5yr NO vacancy rate. Tenants are not aware of sale, city of Marysville is currently expanding, building on this piece would be very lucrative for your future. All leases will expire soon and be month to month.

MLS #:
1956686
Taxes
$10,162(2021)
Lot Size
0.74 acres
Type
Multifamily
Year Built
1963
Style
55 - 5-9 Units
Views
Territorial
School District
Marysville
County
Snohomish County
Community
Central Marysville
Bathroom Details
Interior Features
  • Wall to Wall Carpet
  • Ceramic Tile
Subdivision
  • Central Marysville
Lot Information
  • Paved
  • Curbs
Property Features
  • Fenced-Partially
  • Cable Tv
  • Foundation: Poured Concrete
Heating and Cooling
  • Wall
Flooring
  • Carpet
  • See Remarks
  • Ceramic Tile
Exterior Features
  • Wood
  • Roof: Composition
Utility Information
  • Utilities: Electricity Available, Sewer Connected, Cable Connected
  • Sewer: Sewer Connected
  • Fuel: Electric
Additional Listing Info
  • Selling Office Commission: 2.5
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jun 28, 2022
Price Changed
$1,550,000
-3%
-45,000
Jun 22, 2022
Original Price
$1,595,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.