Bought with John L. Scott Woodinville
$1,025,000
$1,060,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
6,256 SqFt
SOLD DATE : 07/10/2019
Key Details
Sold Price $1,025,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,256 sqft
Price per Sqft $163
Subdivision Marysville
MLS Listing ID 1453514
Sold Date 07/10/19
Style 55 - 5-9 Units
Year Built 1979
Annual Tax Amount $8,074
Lot Size 0.370 Acres
Property Sub-Type Multi-Family
Property Description
Value add opportunity. This 6 unit apartment building offers a current 6.16% cap rate. A new owner can increase rents to market rate and reposition the building by upgrading the interior finishes. All units are large 2 bd x 1 ba with full-size washer and dryers. Vinyl siding. Recent exterior upgrades include new paint, resurfaced & re-striped parking lot and new awnings. Roof 3.5 yrs old. Large lot provides plenty of parking. Clean & easy to maintain. Walk to nearby amenities. Minutes to I-5.
Location
State WA
County Snohomish
Area _770Northwestsnohom
Interior
Interior Features Wall to Wall Carpet, Laminate Hardwood
Flooring Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Metal/Vinyl
Utilities Available Sewer Connected, Electric
View Y/N No
Roof Type Composition
Building
Lot Description Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Marysville
Others
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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