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Listing Details

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School Ratings & Info

Description

Gross Rent $78,000 for a $780,000 Property, that is 10% gross rent of the sale price, which is almost impossible to find these days. 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 2021-09-18T20:42:37.297. 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.haciendagroupinc.com/homes/118067846
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611 E Street Marysville, CA 95901

  • Price: $780,000
  • Status: Active
  • Updated: 62 min ago
  • MLS #: 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 $78,000 for a $780,000 Property, that is 10% gross rent of the sale price, which is almost impossible to find these days. 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 2021-09-18T20:42:37.297. 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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Hacienda Agency Inc
77935 Calle Tampico # 201
La Quinta CA, 92253