Marysville CA Multi Family for Sale
$1,475,000
317 5th Street Unit 317 Marysville, CA 95901
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1908
- Baths:
- MLS#:
- 224117319
View additional info
Courtesy: Ken Turton, Broker
573-3300
ADDITIONAL INFORMATION
Turton Commercial Real Estate is proud to present 317 5th Street, a multifamily investment property located in the historic heart of Marysville. This distinguished complex boasts 8 units, each offering roughly 1,200 SF of living space, comprised of 5 two-bedroom one-bathroom apartments and 3 three-bedroom one-bathroom apartments. A significant renovation in 2020 upgraded the property with modern amenities including in-unit washer/dryers, HVAC wall units, and dishwashers, making it a highly desirable residence for tenants. The thoughtful inclusion of these amenities, along with the spacious layouts ideally suited for families or those that want to share costs, contributes to the property's competitive edge in the market. Priced at $184,375 per door, with a total valuation of $1,475,000 reflecting a 6.5% capitalization rate, the investment is underscored by a Net Operating Income of $95,875. This includes considerations for pro-forma property taxes and a 3% vacancy reserve, in a market with a current vacancy rate of 5.3%. The recent renovations suggest that the new owner is likely to face fewer immediate, significant deferred maintenance or improvement costs, enhancing the property's appeal.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.29 Acres
- Year built:
- 1961
- Baths:
- MLS#:
- 224116912
View additional info
Courtesy: Intero Real Estate Services
624-0767
ADDITIONAL INFORMATION
Duplex near Beales Air Force Base and Yuba College.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 1959
- Baths:
- MLS#:
- 224114896
View additional info
Courtesy: Intero Real Estate Services
624-0767
ADDITIONAL INFORMATION
Duplex near Yuba College and Beale Air Force Base. Great investment opportunity.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1921
- Baths:
- MLS#:
- 224091779
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Courtesy: Intrust Properties, Inc.
847-8849
ADDITIONAL INFORMATION
Financially Performing Asset! Incredibly affordable Bargain! Community living, Purchase Price is easy on the pocketbook! Formerly used as a Hotel, currently Zoned R-3, but is a Commercial Property with 14 bedrooms, joined with common bathrooms, living room, and shared kitchen facilities! Close to the hub of amenities, from Shopping, Restaurants, Banking, Health Care/Hospital, to easy Freeway Access, Public Transportation, etc. DON'T DELAY! ACT NOW! INCREASE YOUR WEALTH! OPPORTUNITY AWAITS!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1910
- Baths:
- MLS#:
- 224074010
View additional info
Courtesy: eXp Realty of Northern California, Inc.
832-7179
ADDITIONAL INFORMATION
Investors! This is a great opportunity to own 3 units across the street from a school in the center of Marysville. This property has received numerous upgrades since 2022, including new paint, windows, appliances, flooring, etc. Both units in the main building have 3 bedrooms and 1 bathroom, these units are expected to generate $50,400 in gross annual income making this property a valuable asset to hold for the future. The back unit is a 1 bedroom and 1 bathroom unit, which was previously a garage. The back unit was fully updated with new paint, a new kitchen, new bathroom, etc. Please note: the back unit is not permitted, the buyer will need to acknowledge this and complete their own due diligence. Don't miss out on this great investment opportunity!
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361
Data maintained by MetroList® may not reflect all real estate activity in the market. All information has been provided by seller/other sources and has not been verified by broker. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. All interested persons should independently verify the accuracy of all information. All real estate advertising placed by anyone through this service for real properties in the United States is subject to the US Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise "any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination." This service will not knowingly accept any advertisement for real estate which is in violation of the law. Our readers are hereby informed that all dwellings, under the jurisdiction of U.S. Federal regulations, advertised in this service are available on an equal opportunity basis. Terms of Use
Marysville Real Estate
The median home value in Marysville, CA is $375,000. This is higher than the county median home value of $372,700. The national median home value is $338,100. The average price of homes sold in Marysville, CA is $375,000. Approximately 40.89% of Marysville homes are owned, compared to 50.18% rented, while 8.93% are vacant. Marysville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Marysville real estate agent to arrange a tour today!
Marysville, California has a population of 12,451. Marysville is less family-centric than the surrounding county with 25.87% of the households containing married families with children. The county average for households married with children is 35.94%.
The median household income in Marysville, California is $45,867. The median household income for the surrounding county is $62,666 compared to the national median of $69,021. The median age of people living in Marysville is 35.4 years.
Marysville Weather
The average high temperature in July is 95.2 degrees, with an average low temperature in January of 38.3 degrees. The average rainfall is approximately 21.6 inches per year, with 0.1 inches of snow per year.