1309 Wildwood Street Unit #A/B/CD, Marysville, WA 98270
Courtesy of HomeSmart Real Estate Assoc
- $1,099,995
- 3,790
- SqFt
- List Price
- $1,099,995
- Status
- ACTIVE
- Days on Market
- 3
- MLS#
- 2559003
- Subtype
- Residential Income
- Style
- 54 - 4-Plex
- Year Built
- 1971
- Living Area
- 3,790
- Lot Size
- 6,534
- Acres
- 0.15
- Subdivision
- Central Marysville
- Neighborhood
- Central Marysville
- MLS Area Major
- Northwest Snohomish
Property Description
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.
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Additional Information
- Amenities
- Coin Op Laundry
- Exterior Features
- Wood
- Property Description
- 54 - 4-Plex
- Flooring
- Vinyl Plank
- Heating
- Baseboard
- Air Conditioning
- None
- Roof
- Composition
- School District
- Marysville
- View
- Territorial
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.