7111 47 Ave NE, Marysville, WA 98270

Building Details

Year Built

1967

Listing agent JESI WILLIAMS

Listing office JOHN L. SCOTT - MUKILTEO j***@williamsinvest.com

Listing date Oct 25, 2024

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of JOHN L. SCOTT - MUKILTEO

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Overview

The property is a multifamily investment opportunity located in Marysville, WA. Financial data from 2023 is not indicative of the property's current situation due to market changes following the end of the eviction moratorium. Nonpayment issues have been addressed, and the property is now fully occupied. The property started utilizing utility buy backs mid-year to add extra income. Most of the units are currently under market rent, presenting income potential if adjusted to market rates.

Suggested Use

Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Marysville

County

Snohomish

State

Washington

Longitude

-122.167

Latitude

48.0605

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FAQs

What type of property is this?

Apartment building - Fully occupied multifamily property with significant income potential in Marysville.

Where is this apartment building located?

The property is located at 7111 47 Ave NE Marysville, WA.

What is the asking price?

The asking price for this property is $4,350,000.

What are key features of this property?

This property features: Property is currently fully occupied.; Nonpayment issues have been successfully addressed.; Opportunity to increase income by adjusting units to market rent.