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Alex Motroc

realestate@alexmotroc.com +1(206) 701-4552

Listed by:Keller Williams Realty Bothell • Corey Crain

$ 499,000

Est. payment | -/mo

3 Beds

2 Baths

2,304 SqFt

Save

$ 499,000

Est. payment | -/mo

Save

3 Beds

2 Baths

2,304 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,304 sqft

Price per Sqft $216

Subdivision Everett

MLS Listing ID 2578850

Style 18 - 2 Stories w/Bsmnt

Bedrooms 3

Full Baths 2

Year Built 1920

Annual Tax Amount $2,025

Lot Size 3,920 Sqft

Lot Dimensions 3920

Property Sub-Type Single Family Residence

Property Description

Rare UR4 corner development site in Northwest Everett with a vacant duplex in place and fourplex permitting already underway. The 1920 building is separately metered with one unit up and one down, plus a large unfinished basement with a street level garage door for storage, shop space, or future living area, remodel and rent while you plan, or move straight to development. The seller has already done the heavy lifting with the City and holds permits for a four unit new construction project. The plans need only minor architect revisions to wrap up, so a buyer can pick up where the work leaves off instead of starting from zero. UR4 opens up more than a fourplex. The code allows residential development up to four floors and 45 feet, with no general maximum unit density since the property sits outside the historic overlay. Units under 1,200 gross square feet are exempt from off street parking, there is no stated maximum building coverage, and setbacks are favorable with no front setback and generally five feet at the street side, interior side, and rear. A four story, parking free project of roughly 8 to 12 compact units is a strong concept to explore, subject to buyer feasibility and City approval. City water and sewer, all day transit within a half mile, and two parks within a half mile that may allow amenity space through balconies, rooftop area, or payment in lieu. Outside all mapped flood, wetland, shoreline, historic, airport, and smelter cleanup overlays.

Location

State WA

County Snohomish

Area 740 - Everett/Mukilteo

Rooms

Basement Unfinished

Main Level Bedrooms 2

Interior

Fireplace false

Exterior

Exterior Feature Wood

View Y/N No

Roof Type Composition

Garage Yes

Building

Story Two

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Everett

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, Rehab Loan

Listing Terms Cash, Conventional, FHA, Rehab Loan

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(206) 701-4552

realestate@alexmotroc.com

1703 Oakes Everett, WA 98201