614 B StMarysville, CA 95901

This fee-simple, two-unit apartment building at 614 B Street, Marysville, CA 95901, presents a compelling investment opportunity. The property, built in 1959 and extensively renovated in 2024, boasts a total of 2,720 square feet on a 3,380 square foot lot (APN: 010-183-006). Zoned C2, it offers two units: a two-bedroom, one-bathroom unit currently leased at $1,450 per month, and a one-bedroom, one-bathroom unit currently vacant, with a projected rental income of $1,350 per month. Recent renovations include updated bathrooms, kitchens, flooring, paint, and appliances. The property features off-street parking and a sizable backyard. Its prime location offers convenient access to downtown Marysville's shops and restaurants. The asking price is $375,000, representing $187,500 per unit and a price per square foot of $137.87. The property's current occupancy is 50%, yielding a pro-forma NOI of $26,880 and a pro-forma cap rate of 7.17%. This is an excellent opportunity for an investor seeking a strong return on investment in a desirable location. The property is a two-story building.