1914 8th St, Marysville, WA 98270

$550,000
1,808
SqFt

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Listing Broker: KW North Sound; Sandy Eagon; 425-422-7372; Sandy@SandyAndCompany.com

List Price
$550,000
Status
ACTIVE
MLS#
2602615
Style
52 - Duplex
Building Condition
Fair
Finished SqFt
1,808
Area Total SqFt
1808
Annual Tax Ammount
3273
Lot Size (sq ft)
6,970
Sewer
Sewer Connected

Property Description

Looking for a stable duplex rental to add to your portfolio? or live in one and rent the other to supplement your mortgage? Long-time tenants in both A and B: 30 years and 12 years, respectively. Unit A is the original 2 bedroom, 1 bath house. Super cute, classic home. Big living room, big kitchen with eating space. Unit B is the converted garage. Also 2 bedroom, unit B has an additional half bath in the laundry room. Each unit has a small yard space and shared parking in the carport off the alley. Tenant leases end in December and will be both month to month. Tenants pay water, power and garbage currently.

Additional Information

Community
Downtown
Net Operating Income
$22,257
Gross Adjusted Income
$22,257
Gross Scheduled Income
$27,180
Total Monthly Income
$2,525
Insurance Expenses
$1,400
Gross Rent Multiplier
20.24
Total Expenses
$4,923
Cap Rate
4
Total Number of Units
2
Unit Name
1914
Potential Terms
Cash, Conventional
Year Built
1938
Roof
Composition
Site Features
Cable TV, Fenced-Partially
Other Expenses
250
Energy Source
Electric
School District
Marysville
Total Monthly Income
$2,525
Gross Scheduled Income
$27,180
Gross Adjusted Income
$22,257
Tax Year
2026
Insurance Expense
$1,400
Total Expenses
$4,923
Net Operating Income
$22,257
Gross Rent Multiplier
20.24
Cap Rate
4
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.
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