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$750,000 (USD)
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Marysville Area Multi-Family Home

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1115 D Street Marysville, CA 95901

Bed
0 Baths
sqft
MLS# 226000539
Well-maintained 4-unit multifamily property consisting of two duplex buildings on a large 1/3 acre lot adjacent to Ellis Lake with direct access from the property. All four units are spacious 2-bedroom / 1-bath layouts and include in-unit washer and dryer. The units are in great condition, with interior renovations completed in recent years, including updated flooring, paint, and appliances. Current rents are $1,400 per unit, representing strong market-level rents and producing an approximate 5.8% cap rate based on operating history, professional management, and conservative vacancy assumptions. The property offers stable in-place income with long-term upside potential through operational efficiencies, possible utility charge-backs, and the oversized lot, which may allow for additional units such as a duplex ADU, subject to buyer verification of zoning and approvals. Landscaping renovations have recently been completed; photos were taken prior to completion. This property is well suited for an investor seeking a solid income asset, or an owner-occupant looking to live in one unit while renting the others, subject to buyer financing and occupancy requirements. Professionally managed with documented financials. Shown by appointment only. Please do not disturb tenants.
Listing Courtesy of Metrolist / Better Homes And Gardens Real Estate Reliance Partners / Blake Hammond