WA > Mountlake Terrace > Mountlake Terrace
Mountlake Terrace, WA 98043,5302 212th ST SW
Mountlake Terrace, WA 98043,5302 212th ST SW
Mountlake Terrace, WA 98043,5302 212th ST SW
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Listed by Coldwell Banker Danforth
$839,000
Est. payment /mo
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4 Beds
2 Baths
3,087 SqFt
New

5302 212th ST SW Mountlake Terrace, WA 98043

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Bob Papke

Bob Papke

+1(206) 890-5124

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,087 sqft

Price per Sqft $271

Subdivision Mountlake Terrace

MLS Listing ID 2403685

Style 52 - Duplex

Bedrooms 4

Year Built 1980

Annual Tax Amount $6,031

Lot Size 0.310 Acres

Property Sub-Type Multi Family

Property Description

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.

Location

State WA

County Snohomish

Area 730 - Southwest Snohomish

Interior

Interior Features Ceramic Tile

Flooring Ceramic Tile, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Wood

View Y/N No

Roof Type Composition,Flat

Building

Lot Description Curbs, Open Space, Paved, Sidewalk

Sewer Sewer Connected

New Construction No

Schools

School District Edmonds

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, FHA, VA Loan

Listing Terms Cash Out, Conventional, FHA, VA Loan

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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agent

Bob Papke

Broker | License ID: 98412

+1(206) 890-5124

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5302 212th ST SW

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