5302 212 Street SW Mountlake Terrace WA 98043 Mountlake Terrace

5302 212 Street SW Mountlake Terrace WA 98043
Price	$ 839,000
Listing ID	2403680
Property Type	Single Family Residence
County	Snohomish
Neighborhood	Mountlake Terrace
Beds	4
Baths	2
House Size	3087
Year Built	1937
Days on website	3

Listed By: Coldwell Banker Danforth

Description

Many options with owner-occupied investment. Legal duplex on multifamily zoned lot that offers untapped potential for future expansion by adding multiple additional units. The upper unit is 1,008 square feet and has been tastefully updated, while the lower unit boasts two stories of living space at 2,079 square feet, along with a newly renovated 320sqft garage. With a combined rental income of $4,180, you can choose to occupy one unit and lease the other. Pre-approved for future development of three townhomes or the option for two single-family residences or tiny homes. Each option assume duplex stays. 5+ townhouses would be possible if the duplex was removed. See the brand new 18-unit townhouse development next door for inspiration.

Location

Financial Information

List Price: $ 839000

Taxes: $ 6031

Property Features

Appliances: Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

Basement: Daylight, Partially Finished

Exterior Features: Wood

Flooring: Carpet, Vinyl Plank

Foundation Details: Poured Concrete

Interior Or Room Features: Double Pane/Storm Window, Water Heater

Levels: Multi/Split

Lot Features: Curbs, Paved, Sidewalk

Parking Features: Attached Garage, Driveway, Off Street

Property Condition: Very Good

Roof: Composition, Flat

Sewer: Sewer Connected

Structure Type: House

Vegetation: Garden Space

Water Source: Public

MLSAreaMajor: 730 - Southwest Snohomish

City: Mountlake Terrace

Subdivision Name: Mountlake Terrace

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Direct link: https://www.searchproperties.eastsiderealestate.org/listings/direct/f486a7c9ad16ad439124e69fe569c9e7

Listed By: Coldwell Banker Danforth 206-971-8800

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