$ 625,000 $ 625,000

12629 48th AVE NE

Marysville, WA 98271

  • 1,824 SqFt
  • 0.26 Lot Size
  • 1980 Year Built
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!
Listed by RE/MAX Whatcom County, Inc. , Sold By KW North Sound

PROPERTY DETAIL

  • 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 Sub-Type Multi-Family

  • Location

    State WA

    County Snohomish

    Area 770 - Northwest Snohomish

  • Building

    Lot Description Dead End Street, Paved

    Sewer Sewer Connected

    Water Public

    New Construction No

  • 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

  • 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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