Exceptional investment opportunity in the heart of Marysville! This well-maintained 4-plex offers a strong 5.8% cap rate with stable cash flow and long-term upside. Annual gross rental income is $82,680, making it an ideal addition to any investment portfolio or 1031 exchange.Two units have been extensively renovated within the past two years with modern finishes, while the remaining two units are occupied by approximately 6-year tenants who have taken exceptional care of their homes, providing dependable income and low turnover. The property has been well maintained and offers investors an excellent balance of immediate returns and future value-add potential as units naturally transition over time.Conveniently located near shopping, restaurants, schools, parks, I-5, Highway 9, and major employers, this property continues to attract quality tenants in one of Snohomish County's strongest rental markets.Whether you're a seasoned investor or purchasing your first multifamily property, this is a rare opportunity to acquire a clean, professionally maintained fourplex with solid financials, stable occupancy, and room for future growth. Pre Inspection Available. Just ask the Listing Agent
| MLS # | 2559003 |
|---|---|
| Listing Type | For Sale |
| HOA Dues | $300 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1971 |
| Days On Site | 42 |
| Listing Provided By | HomeSmart Real Estate Assoc | Jason Allen Stricevich |
| SQ Feet | 3,790 |
|---|---|
| Car Port | Yes |
| Story(s) | 2 |
| Units | 4 |
| Acreage | 0.15 |
| Property View | Yes |
| Property | 7784 |
|---|
| State | WA |
|---|---|
| County | Snohomish |
| City | Marysville |
| Zip Code | 98270 |
| Area | 770 Northwest Snohomish |
| Community Name | Central Marysville |
| Listing VS Median (in Central Marysville) | |
Price: $1,099,995 low | high Med: $594,972 sqft: 3,790 low | high Med: 1,235 $ / sqft: $290 low | high Med: $486 On site: 42 low | high Med: 42.5 | |
| State | WA |
|---|---|
| County | Snohomish |
| City | Marysville |
| Zip Code | 98270 |
| Area | 770 Northwest Snohomish |
| Community Name | Central Marysville |
| Listing VS Median (in Central Marysville) | |
Price: $1,099,995 low | high Med: $594,972 sqft: 3,790 low | high Med: 1,235 $ / sqft: $290 low | high Med: $486 On site: 42 low | high Med: 42.5 | |