1022 Swezy St., Marysville, CA
Multi-family for Sale - $475,000 - 5,600 Sq. Ft.
Property Info
CIMLS# | 947271 |
Location 1022 Swezy St. Marysville CA 95901 | |
Updated | July 24th, 2017 |
Type | Multi-family |
Price | $475,000 |
Building | 5,600 Sq. Ft. |
Property Description
Value - Add opportunity with rehab leading to increases of existing rents to market. The subject property is comprised of two side by side Four-Plex buildings totaling 8 units. The units are all 2 Bed/1 Bath approximately +/-700 SF. Each unit is separately metered for electric and gas. The average rental rate is $650 per unit. Market rents are at $750 per unit for renovated units. The rents are below market and have the opportunity increase when units are turned and improved.
Location Description:
Located within a stable market of Marysville in close proximity to commercial amenities, schools, and parks. Ingress and Egress from both Swezy or Blue St.
Highlights:
>> Value-Add Opportunity
>> Opportunity to increase rents as units turn
>> All 2 Bed/1 Bath units
>> Rents are below market
>> Located in stable rental market
>> Separately metered electric and gas
>> Individual hot water heaters
* Email for additional photos