We are pleased to present The Armar in Marysville, WA. This 1968 vintage asset features 11 large, partially renovated townhome units averaging 1134 SF. There are 10, 2-bedroom 1.5-bathroom units and 1, 2-bedroom 1-bathroom unit. Unit interiors feature value add potential with laminated vinyl plank flooring, new lighting fixtures, and refaced cabinets. There is potential to increase the in-place NOI by capturing a 13% delta between current and market rents. The Armar provides an excellent opportunity for an investor to acquire a stabilized asset with large units in a landlord friendly submarket.
$3,100,000
22 beds16 baths12,470 sq ft
6511 Armar Rd, Marysville, WA 98270
0.68 acre lot • Somewhat walkable
Listing provided by NWMLS as Distributed by MLS Grid
Enjoy custom-built single-level living on a peaceful dead-end street. A covered front porch leads to an open layout featuring a bright living room with glass slider to the backyard/deck, floor-to-ceiling brick fireplace, & an elegant, curved wall. This seamless design flows into a generous kitchen, dining area, & eating nook with skylights. The primary bedroom includes an ensuite bath. The 2nd bedroom has a built-in murphy bed. A convenient laundry/mud room with storage & adjacent powder bath, connects to the two-car garage. Low-maintenance living with a turf front yard & a beautifully landscaped, fully fenced backyard complete with garden space, storage shed, & 1
$550,000
2 beds2.5 baths1,416 sq ft
4521 73rd Pl NE, Marysville, WA 98270
7,841 sq ft lot • 3 garage spots • Somewhat walkable
Listing provided by NWMLS as Distributed by MLS Grid
Based on information submitted to the MLS GRID as of Mon Dec 16 2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.