1. Washington
2. Mountlake Terrace
3. 5302 212th Street SW

5302 212th Street SW, Mountlake Terrace, WA 98043

Property Description

This listing courtesy of Ben C. Snyder, Coldwell Banker Danforth

Many options with this investment opportunity. 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.

Listing Status:

Pending

Listing Office:

Coldwell Banker Danforth : 206-971-8800

Listing Agent:

Ben C. Snyder : 206-971-8800

MLS ID:

2403685

Interior

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Ben C. Snyder, Coldwell Banker Danforth