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    611 E Street

    Marysville, CA 95901
    • $780,000
    • STATUS: Active
    • ON SITE: 105 days
    • ID#: 21-746856
    UPDATED: 6 min ago
    $780,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,926
      SQFT
    • $132
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    County:
    Area:

    School Ratings & Info

    Description

    Gross Rent UP TO $82,200 for a $780,000 Property, that is over a 10% gross rent of the sale price, which is almost impossible to find these days. There is still a lot of upside in Rents, if get all 9 Units at $850 you are looking at $91,800 a year income. Nice 9 units in center of Marysville. Strong cash flow and rents can go up, Just rented unit for $795 so upside is there for the rest of the units, from 10% to 30% increase over next few years. Building a good condition, and well mentioned. Property Manager is local and is ready to keep this cash flowing for new buyer as well. All units are in center of building, and doors are locked to keep all safe and quiet.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-23T06:43:47.677. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.brandiprattrealestate.com/homes/118067846
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    611 E Street Marysville, CA 95901

    • Price: $780,000
    • Status: Active
    • Updated: 6 min ago
    • ID#: 21-746856
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,926
    SQFT
    $132
    $/SQFT
    Neighborhood:
    Mariposa 7
    County:
    Other
    Area:
    Mariposa 7
    Property Description
    Gross Rent UP TO $82,200 for a $780,000 Property, that is over a 10% gross rent of the sale price, which is almost impossible to find these days. There is still a lot of upside in Rents, if get all 9 Units at $850 you are looking at $91,800 a year income. Nice 9 units in center of Marysville. Strong cash flow and rents can go up, Just rented unit for $795 so upside is there for the rest of the units, from 10% to 30% increase over next few years. Building a good condition, and well mentioned. Property Manager is local and is ready to keep this cash flowing for new buyer as well. All units are in center of building, and doors are locked to keep all safe and quiet.
    Exterior Features

    Lot Size Area 8664 Other Structures None Parking Garage Driveway Total Parking 9

    Interior Features

    Baths Total 9.00 Cooling None Equipment Built-Ins Heating Wall Gas

    Property Features

    Gross Income 71400 Gross Operating Income 71400 Like Units1 9 Net Operating Income 50748.00 Number Of Buildings 1 Number Of Units 9 Sale Type Standard Source Living Area Owner Source Lot Size Area Owner Total Annual Expense 20652 Type Of Units Studios

    Listing provided courtesy of Jason Hurst DRE#02067523 of Egl Properties Incorporated.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-23T06:43:47.677. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. 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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    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583