1315 E St - Apartments FOR SALE


Marysville, CA 95901
$625,000 USD
530-329-8336
1315 E St, Marysville, CA for Sale
$625,000 USD
Apartments - FOR SALE
1/32
null | Request Cap Rate

1315 E St
Marysville, CA 95901


HIGHLIGHTS

  • Good unit mix of 1 and 2 bedroom apartments. 100% occupancy.
  • Individually metered for gas and electric.
  • Updates include newer compositio roof, dual pane windows and updated kitchens.
  • Located near downtown Marysville, shopping, dining, schools, and major transportation routes.

OVERVIEW

Excellent opportunity to acquire a fully occupied 5-unit multifamily property in Marysville. The property consists of three 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, providing a desirable mix of unit types for a broad tenant base. Current gross scheduled rental income is $5,275 per month or $63,300 annually. The property features separate gas and electric meters, helping minimize owner-paid utility expenses. Recent capital improvements include a newer composition roof and dual-pane windows, reducing future maintenance concerns and improving overall efficiency. Situated on a generous 0.23-acre lot, the property offers ample outdoor space along with a detached garage/storage building that provides additional utility and potential value-add opportunities. Conveniently located near downtown Marysville, shopping, dining, schools, and major transportation routes. Whether you're looking to expand your portfolio or complete a 1031 exchange, this stabilized, income-producing asset offers immediate cash flow with long-term upside potential.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$125 USD /SF

# OF UNITS

5

PRICE/UNIT

$125,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5 Apartment Units and 2 Storage Sheds

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

M-1

APN/PARCEL ID

009-135-020-000

ASK ABOUT THIS PROPERTY

Brian SandgrenValley Fair Realty CorpMore Info
530-329-8336

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Brian SandgrenValley Fair Realty CorpMore Info
530-329-8336

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.