Bought with KW North Sound
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12629 48th AVE NE Marysville, WA 98271
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Key Details
Sold Price $625,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,824 sqft
Price per Sqft $342
Subdivision Marysville
MLS Listing ID 2057031
Sold Date 05/25/23
Style 52 - Duplex
Year Built 1980
Annual Tax Amount $3,812
Lot Size 0.260 Acres
Property Description
The investment opportunity you've been waiting for! Single-story duplex perched on a large lot, in a quiet location. Both units are vacant, giving you the option to owner occupy &/or fill the units as you wish! Both units have similar floor plans that feature 2 spacious bedrooms & 1 bathroom, large living rooms, dining areas, bright & open kitchens, laundry areas w/ W/D, & a 1 car garage for each unit. The dining area opens to the patio & fully fenced yard which overlooks a beautiful greenbelt. This duplex sits in a convenient location close to I-5/Hwy 9, shopping, schools, restaurants, bus service & more. Gross income: $42,000. Total expenses: $6,794 (Taxes - $3,812, Insurance - $834, W/S/G - $2,148). NOI: $35,206. 5.6% cap rate!
Location
State WA
County Snohomish
Area 770 - Northwest Snohomish
Interior
Interior Features Laminate, Wall to Wall Carpet
Flooring Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Stucco
Amenities Available Cable TV, Fenced-Fully, High Speed Internet, Patio
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Dead End Street, Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Marysville
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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