- For Sale $2,500,000
- Property Type Multi-Family
- Property Size 13,500 SF
- Units 18
- Lot Size 1.45 Acre
- Year Built 1963
- Date Updated Jan 23, 2025
Description
This 18-unit multifamily property is located in the heart of Marysville, California, a growing community known for its small-town charm and strategic location in Northern California. Positioned near major highways and transportation routes, the property provides easy access to Yuba City, Sacramento, and other surrounding areas, making it highly convenient for tenants commuting for work or leisure.
The property is situated in a quiet residential neighborhood, close to local amenities such as schools, parks, shopping centers, and dining options. With its proximity to recreational attractions like Ellis Lake and the Feather River, tenants can enjoy a balance of city conveniences and natural beauty. Marysville’s tight-knit community and steady demand for rental housing make this property an attractive long-term investment in an area with limited multifamily opportunities.Presenting a fantastic investment opportunity in Marysville, California – this 18-unit multifamily property boasts a mix of (17) spacious 2-bedroom, 1-bathroom units and (1) 3-bedroom, 1-bathroom unit. The property is in excellent condition, featuring a brand-new roof and energy-efficient double pane windows, which help reduce energy costs and enhance tenant comfort.
With strong cash flow, this property is an ideal addition to any investment portfolio. Each unit offers well-designed living spaces that appeal to a wide range of tenants, further supporting its consistent income stream.
This well-maintained property is the perfect opportunity for investors seeking a high-performing asset with long-term income potential.
Highlights
- Brand new roof recently installed, ensuring low maintenance and long-term durability
- Each unit is separately metered for electricity and gas, reducing owner expenses
- Energy-efficient double pane windows that enhance tenant comfort and reduce utility costs
- Great Unit Mix; (17) 2-bedroom, 1-bathroom units and (1) 3-bedroom, 1-bathroom unit
- High Cash Flow
- One of the few multifamily properties in Marysville, making it a rare investment opportunity
- Turn-key condition, ideal for investors seeking immediate returns without significant renovation costs
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Contacts
Monjid Aldiyyat
HomeServices of America
Location
Located at 1816 Hile Avenue, Linda, CA 95901, this property is part of the Linda neighborhood.
Contact Listing Broker
Monjid Aldiyyat
HomeServices of America