124 7th St
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124 7th St
4 Unit Apartment Building $495,000 ($123,750/Unit) Marysville, CA 95901
Executive Summary
4 large spacious 1 bedroom units, 3 rented at 1100 per unit, with upside in rents. 4 unit left vacant for owner occupant and / or showings. Ownership has replaced the roof with new in the last 2 years, rebuilt the stairs, decking and stairway, and updated interiors. Common laundry in rear of building, with individual gas and electric meters. Seller is doing a 1031 exchange and has identified an up leg. No seller carry, Permitted parking on the street with the city is allowed with this unit. Expenses are low and this is self managed. There are some local managers available for non owner occupied. Commission to buyer broker is available from seller. Write as is.
Seller is principal
Seller is principal
Property Facts
| Price | $495,000 | Building Class | C |
| Price Per Unit | $123,750 | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 3,162 SF |
| Sale Conditions | 1031 Exchange | Average Occupancy | 75% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1907/2022 |
| Property Subtype | Apartment |
| Price | $495,000 |
| Price Per Unit | $123,750 |
| Sale Type | Investment |
| Sale Conditions | 1031 Exchange |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 3,162 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built/Renovated | 1907/2022 |
Unit Amenities
- Air Conditioning
- Washer/Dryer Hookup
- Bay Window
- Ceiling Fans
- Tub/Shower
- Carpet
- Family Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 750 - 825 |
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Walk Score ®
Very Walkable (81)
zoning
| Zoning Code | C-3 (Multifamily) |
| C-3 (Multifamily) |
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Maguire Real Estate and Investments
124 7th St
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