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Listed by Pellego, Inc.
$ 1,650,000
Est. payment /mo
Active
5607 & 5603 230th ST SW Mountlake Terrace, WA 98043
0.37 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Mountlake Terrace
MLS Listing ID 2343858
Style 40 - Res-Less thn 1 Ac
Annual Tax Amount $8,985
Lot Size 0.372 Acres
Property Sub-Type Land
Property Description
Attention Builders / Investors: Excellent development opportunity to build for rent or spec project. This premium 16,193 sqft site is two parcels located 1 block from MLT town center core and 5 blocks to new MLT light rail station. TC-R zoning allows flexible development options for smaller scale mixture of multifamily, townhouses or professional retail / office use. Building height allowance of 2-4 stories. Preliminary studies shows 11 unit townhome feasible with no commercial space requirement. MLT offers MFTE (multifamily tax exemption) program on qualifying projects. Great opportunity for owner operator to use or rent 1323 sqft office building and 672 sqft SFR during permit process. The office building is also listed under MLS #2342783.
Location
State WA
County Snohomish
Area 730 - Southwest Snohomish
Interior
Fireplace false
Exterior
Utilities Available Electricity Connected, Natural Gas Available
View Y/N No
Building
Lot Description Corner Lot, Curbs, Paved, Sidewalk
Sewer On Property
Water Available
Schools
School District Edmonds
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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