24
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Listed by:HomeSmart Real Estate Assoc • Jason Allen Stricevich
$1,099,995
Est. payment /mo
8 Beds
4 Baths
3,790 SqFt
New
1309 Wildwood ST #A/B/CD Marysville, WA 98270
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,790 sqft
Price per Sqft $290
Subdivision Central Marysville
MLS Listing ID 2559003
Style 54 - 4-Plex
Bedrooms 8
HOA Fees $300/mo
Year Built 1971
Annual Tax Amount $7,784
Lot Size 6,534 Sqft
Property Sub-Type Multi Family
Property Description
Exceptional investment opportunity in the heart of Marysville! This well-maintained 4-plex offers a strong 5.8% cap rate with stable cash flow and long-term upside. Annual gross rental income is $82,680, making it an ideal addition to any investment portfolio or 1031 exchange.Two units have been extensively renovated within the past two years with modern finishes, while the remaining two units are occupied by approximately 6-year tenants who have taken exceptional care of their homes, providing dependable income and low turnover. The property has been well maintained and offers investors an excellent balance of immediate returns and future value-add potential as units naturally transition over time.Conveniently located near shopping, restaurants, schools, parks, I-5, Highway 9, and major employers, this property continues to attract quality tenants in one of Snohomish County's strongest rental markets.Whether you're a seasoned investor or purchasing your first multifamily property, this is a rare opportunity to acquire a clean, professionally maintained fourplex with solid financials, stable occupancy, and room for future growth.
Location
State WA
County Snohomish
Area 770 - Northwest Snohomish
Interior
Flooring Vinyl Plank
Fireplace false
Exterior
Exterior Feature Wood
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Cul-De-Sac, Paved, Value In Land
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Marysville
Others
Senior Community No
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
"Three Trees" icon indicates a listing provided courtesy of NWMLS.