6828 51st Avenue Northeast

6828 51st Avenue Northeast

Marysville, WA 98270

$1,050,000
Last Sold Price
5
Beds
3.25
Baths
3,657 Sq. Ft.
$287 / Sq. Ft.
3,657
Sq. Ft.
$287
per Sq. Ft.

Sold 7/25/23

Sold 7/25/23

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Listing provided courtesy of Agency One NS, KW North Sound

Description

Opportunity Knocks! SELLER WILL CARRY CONTRACT at 5% INTEREST. Marysville 4 unit, income producing rental property. Could be developed into larger Multi-Family development. Main house is brick duplex with a very large two bedroom unit, and a small MIL apt that rents separately. In the back, there are two separate cottages, each rented with newly installed mini-splits, and newer roofs. Two car garage is also rented separately. Property is currently on a well and three septics, however water and sewer...Opportunity Knocks! SELLER WILL CARRY CONTRACT at 5% INTEREST. Marysville 4 unit, income producing rental property. Could be developed into larger Multi-Family development. Main house is brick duplex with a very large two bedroom unit, and a small MIL apt that rents separately. In the back, there are two separate cottages, each rented with newly installed mini-splits, and newer roofs. Two car garage is also rented separately. Property is currently on a well and three septics, however water and sewer are readily available in the street. There is a TON of potential here, and the best part is that the seller is willing to carry a contract at 5% interest with 20% down! Have cash flow while you pull the permits! Zoned R18MFM
  1. Listed by Leah Schulz • Agency One NS

Property Details for 6828 51st Avenue Northeast

Community Name
In Town - Marysville
School District
Marysville
Number of Assigned Spaces
8
Total Covered Parking
2
Entry Date
05-26-2023
Energy Source
Electric
Sewer
Septic Tank

Location

Listing Courtesy of Agency One NS

Sold By KW North Sound

Add your commute
LISTING UPDATED: 07/25/2023 04:35 PM

Property Details for 6828 51st Avenue Northeast

StatusSold
MLS #2073129
Days on Market19
Cumulative Days on Market259
Taxes$4,152 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
Lot Size0.62 AC / 27,007 SF
CountySnohomish County

Location

Listing Courtesy of Agency One NS

Sold By KW North Sound

Add your commute

Building Information for 6828 51st Avenue Northeast

Stories1Residences4Year Built1953Building Size-Lot Size0.62 AC / 27,007 SF

Payment Calculator

$6,076 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,730

Property Taxes

$346

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6828 51st Avenue Northeast

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Area: 770 - Northwest Snohomish
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: From State Ave head east on Grove St turn right on 51st (Armar Rd.) home on right
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 8.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Engineered Hardwood, Laminate
  • Features: Laminate
  • Amenities: Coin Op Laundry,See Remarks
  • Cooling: Yes
  • Cooling: Ductless HP-Mini Split
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
Exterior Features
  • Exterior: Brick, Cement/Concrete
  • Roof: Composition
Property
Utilities
  • Water Source: Individual Well
  • Water/Sewer/Garbage: 480
  • Power Company: PUD
  • Sewer Company: Septic
  • Water Company: Private Well
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1953
  • Photos Count: 20
Lot Information
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 30052800110200
  • Building Condition: Good
  • Calculated Square Footage: 3657
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3657.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 8
  • Number of Stories in Building: 1
  • Vacancy Rate: 25
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $240
  • Total Expenses: 6644
  • Gross Adjusted Income: 71400
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: $71,400
  • Insurance Expense: $1,772
  • Net Operating Income: $64,756
  • Other Expenses: $0
  • Total Monthly Income: 5950
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 6828
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 1514
  • Rent Unit 1: $1,700.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 6828A
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 400
  • Rent Unit 2: $1,000.00
  • Bedrooms Unit 2: 1
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 6828-1
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 800
  • Rent Unit 3: $1,250.00
  • Bedrooms Unit 3: 1
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 6828-2
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 914
  • Rent Unit 4: $1,700.00
  • Bedrooms Unit 4: 1
  • Fireplaces Unit 4: 1
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3657.0
  • Leasable Area Units: Square Feet

Property History for 6828 51st Avenue Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6828 51st Avenue Northeast

Taxable ValueLand$353,000Additions$254,800Total$607,800
Tax Record2020$5,460 ($455 / month)
Home Facts
Beds6Baths3.5Total Finished SqFt3,630 SqFtAbove Ground SqFt3,630 SqFtStories1Lot Size27,007 SqFtStyleSingle Family ResidenceYear Built1953Year Renovated1975ZoningMCCountySNOHOMISHAPN30052800110200Fireplace TypeHas Fireplace

Schools near 6828 51st Avenue Northeast

This home is within Marysville School District.
Rating
School
Type
Grades
Distance
Liberty Elementary School
Public - PK to 5
Marysville Middle School
Public - 6 to 8
Marysville Alternative High School
Public - 9 to 12
Totem Middle School
Public - 6 to 8
Rating
School
Distance
Liberty Elementary School
PublicPK to 5

Marysville Middle School
Public6 to 8

Marysville Alternative High School
Public9 to 12

Totem Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Agency One NS

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.