912,916,920 Blue St., Marysville CA

Multi-family for Sale - $599,000


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Agent Info

NameAdrian Del Rio

Property Info

CIMLS #915480
Location912,916,920 Blue St.
Marysville CA 95901
Last UpdatedNovember 13th, 2016
TypeMulti-family
Price$599,000

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Property Description

***PRIVATE FINANCING AVAILABLE***

BLUE ST. FOUR - PLEXES located at 912,916,920 Blue St., Marysville is comprised of (3) individual four-plex buildings on separate APNs. There are a total of (12) 2 Bed/1 Bath units with each building containing (4) units. The units have spacious lay-outs of +/- 837 SF with an average rental rate of $550 per month/unit.

BLUE ST. FOUR-PLEXES features all 2 Bed/1 Bath units, dual pane windows, individual hot water heaters, painted exterior, and various updated interiors.

BLUE ST. FOUR-PLEXES offers a great opportunity for an investor to acquire each four-plex with leveraged financing and existing income. The property is operated as a 12 unit community but gives a new owner an additional exit strategy of selling each building individually.

Location Description:

The subject property is located in a stable rental market.

Highlights:

>> Each 4-Plex Building on separate APN

>> All 2 Bed/1 Bath units

>> Recently rehabbed exterior and various interiors

>> Spacious units with desirable layouts

>> Upside in gross potential rent

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