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Steve Swanson

Managing Broker / Property Manager
Founding Member: hello Real Estate Network
425-736-6849
Contact Me

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Listing 12 out of 135
Sold for $424,000 Sold

1087 Cedar Ave
Marysville, WA 98270

4 units | Multi Family Home
13068 sq ft lot - MLS# 1461711 Courtesy of Windermere Real Estate JS
Property Photo

Sold

Sold for $424,000 on Jun 12, 2019

Description

This 1 level four-plex is in a great location. It is perfect for commuters just a block from the Park and Ride and very close to I-5 Access. This property has a composition roof, 4 units (2 vacant), and an area plumbed and ready for coin operated washer/dryer for additional income and potential for additional tenant storage. Each unit has 1 bedroom and 1 full bathroom. Every unit also has a 231 asf Single Car Garage, with room for extra storage. This is a fabulous investment.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Sold
  • Listing Price: $349,950
  • County/Area: Snohomish County
  • Zip Code: 98270
  • Year Built: 1967
  • School District: Marysville
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • Sq.Ft.: 1,600 sq ft
  • Units: 4 units
  • Garage: 4+-Car
  • # of Parking Spaces: 4, 8
  • Lot Size: 13068 sq ft lot
  • Area: Central Marysville
  • Amenities: Storage
  • Area Number: 770
  • Bathrooms Unit 1: 1.00
  • Bathrooms Unit 2: 1.00
  • Bathrooms Unit 3: 1.00
  • Bathrooms Unit 4: 1.00
  • Bedrooms Unit 1: 1
  • Bedrooms Unit 2: 1
  • Bedrooms Unit 3: 1
  • Bedrooms Unit 4: 1
  • Building Condition: Average
  • Cap Rate - NOI div LP: 0.04
  • Energy Source(heat): Electric
  • Exterior: Wood, Wood Products
  • Floor Covering: Vinyl, Wall to Wall Carpet
  • Foundation: Poured Concrete
  • General Zoning Class: See Remarks
  • Gross Adjusted Income: $23040
  • Gross Rent Multiplier: $22
  • Gross Scheduled Income: $23040
  • Heating/Cooling: Baseboard
  • Insurance Expenses: $780
  • Lot Details: Paved Street, Sidewalk
  • Net Operating Income: $15717
  • Number of Stories in Building: 1
  • Number of Uncovered Spaces: 4
  • Power Company: Pud # 1 Of Sno Co
  • Rent Unit 1: $480
  • Rent Unit 2: $480
  • Rent Unit 3: $480
  • Rent Unit 4: $480
  • Roof: Composition
  • Selling Agent: Natalya Lokhmatov
  • Selling Office: AgencyOne
  • Sewer Company: City Of Marysville
  • Square Feet Unit 1: 400
  • Square Feet Unit 2: 400
  • Square Feet Unit 3: 400
  • Square Feet Unit 4: 400
  • Total Garage Capacity: 4
  • Total Monthly Income: $1920
  • Water Company: City Of Marysville
  • Water Source: Public
  • Water/Sewer/Garbage: 3600
  • Sold Date: 2019-06-12 00:00:00
  • Sold Price: 424000.00
Courtesy of Windermere Real Estate JS
©NorthWest MLS 2019. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website is provided courtesy of NorthWest MLS. Real estate listings held by brokerage firms other than Hello Real Estate Network are marked with the three trees logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-06-26

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Steve Swanson
Founding Member
hello Real Estate Network

Cell: 425-736-6849
Email: Steve.Swanson@helloRealEstate.net

Coldwell Banker Danforth - Northgate
Office Phone: 206-971-8800
Address: 11300 Pinehurst Way NE 
               Seattle, WA 98125


 

Steve Swanson

Steve Swanson

Managing Broker / Property Manager
Founding Member: hello Real Estate Network
425-736-6849
Contact Me

Site Resources

Steve Swanson is a licensed Managing Broker/Real Estate Agent affiliated with Coldwell Banker Danforth, and a Realtor©.
11300 Pinehurst Way NE, Seattle, WA  98125   ph:  206.971.8800
Coldwell Banker® is a licensed trademark of Coldwell Banker Real Estate Corporation.
Each Office is Independently Owned and Operated.  Fair & Equal Housing Opportunity.

A REALTOR ® is a real estate professional who is a member of the National Association of REALTORS ®.

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