95 Quinn Ave, Marysville, WA 98270

$756,000
4,800
SqFt

Listing courtesy of Keller Williams Seattle Metro. Selling Office: .

Sold Price
$756,000
List Price
$750,000
Status
SOLD
MLS#
1162845
Closing Date
Oct 27, 2017
Days on Market
7
Style
54 - 4-Plex
Building Condition
['Good']
Finished SqFt
4,800
Lot Size (sq ft)
10,454

Property Description

4-Plex: 6.7% Current Cap Rate / 7% @ Market. Excellent Cash-flow. Townhome-style units consisting of (2) 3bed/1.5 bath & (2) 3bed/1.75 bath, all with vaulted ceilings, skylights, fireplaces, individual washer/dryers & private fenced yards. 4800 SqFt building sits on a .25-acre lot. Interiors have all been updated; newer (2 years) roof and systems, very well-maintained property with excellent tenants in place. This is a solid, turn-key investment opportunity!

Additional Information

List Date
2017-09-11 00:00:00
Community
Marysville
Property Type
MULT
Units
4
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1979
Total Parking
10
Uncovered Parking
10
Exterior
Wood Products
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Patio
Lot Details
Dead End Street, Paved Street, Sidewalk
School District
Marysville
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$5,250
Gross Scheduled Income
$63,000
Vacancy Rate
3
Gross Adjusted Income
$61,110
Annual Taxes
$5,881
Tax Year
2017
Insurance Expense
$1,000
W/S/G Expenses
$4,200
Total Expenses
$11,081
Net Operating Income
$50,029
Gross Rent Multiplier
11
Cap Rate
6

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
1.50
Unit 1 Size
1200
Unit 1 Rent
$1,350
Unit 2 Beds
3
Unit 2 Baths
1.75
Unit 2 Size
1200
Unit 2 Rent
$1,350
Unit 3 Beds
3
Unit 3 Baths
1.50
Unit 3 Size
1200
Unit 3 Rent
$1,250
Unit 4 Beds
3
Unit 4 Baths
1.75
Unit 4 Size
1200
Unit 4 Rent
$1,300
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