421 D StMarysville, CA 95901

Property Details for 421 D St

Year built

1935

Lot size

0.16 AC

Property size (Sq ft)

12,196 SF

Property type

Mixed-use properties

Description

This exceptional mixed-use property at 421 D Street, Marysville, CA, presents a prime investment opportunity. Spanning 12,196 square feet on a 0.16-acre lot, this building offers eight fully occupied residential units and three fully occupied commercial spaces, ensuring immediate cash flow. The residential units provide comfortable and modern living spaces, contributing to high tenant retention. The three commercial spaces, located in the heart of downtown Marysville, benefit from significant foot traffic and offer diverse possibilities for retail, dining, or professional services. The property's strong financial performance is evident in its annual gross rent of $10,400 and a substantial Net Operating Income (NOI) of $84,000. This proven track record makes it an attractive investment for those seeking a stable and reliable income stream with potential for long-term growth. The property's location in downtown Marysville provides easy access to local amenities and services. This is a rare opportunity to acquire a well-established, high-performing mixed-use property in a desirable location. The current occupancy rate ensures a consistent revenue stream, minimizing vacancy risks and maximizing return on investment. This property is priced at $998,000.

Location Insight

City

Marysville

County

Yuba

State

California

Latitude

39.1399

Longitude

-121.589

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