20 3rd Street, Marysville, CA 95901

Property Description

Colliers is pleased to present 20 3rd Street, a well-maintained fourplex located in Marysville. This fully occupied property features four spacious 1-bedroom, 1-bathroom units, each offering comfortable living spaces and consistent rental income. With all units currently leased, this property presents a strong income opportunity with room to increase rents over time. Its central location and simple layout make it easy to manage and appealing to tenants. All units underwent comprehensive renovations in 2022, with one unit receiving an additional interior upgrade in January 2025. Further enhancements to the property include roof repairs, full re-plumbing of the two upper-level units, installation of new windows, fresh exterior paint and doors, newly constructed staircases and decks, and complete upgrades to kitchens, bathrooms, and flooring throughout. In total, approximately $200,000 in capital improvements have been invested in the property in preparation for its sale. The new owner will have the benefit of owning a turnkey fourplex ideal for investors or owner-occupants. They will further have the ability to transfer the water or sewer bill responsibility to the tenants as each unit is billed separately.