Bought with CENTURY 21 Real Estate Center
$700,000
$699,950
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5 Beds
2 Baths
0.25 Acres Lot
SOLD DATE : 01/10/2025
Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Mill Creek
MLS Listing ID 2312351
Sold Date 01/10/25
Style 53 - Tri-plex
Bedrooms 5
Year Built 1920
Annual Tax Amount $4,396
Lot Size 10,890 Sqft
Lot Dimensions 86 x 135 less corner tringle
Property Description
Fixer triplex on 10,890 Sq Ft corner site zoned for up to 5 units/townhomes. Has steady, long-term tenants. Located on 164th Street between Mill Creek & I-5. Adjoins "Mill Creek Townhomes" to the south. Present triplex structure with long term tenants allows for additional income ($39K+NOI) while planning future development & obtaining permits. Maybe feasible to rehab and add more units/townhomes to site? Sewer connected and rare corner access with dual driveway curb cuts. Townhouse development allowed with one unit per 2,000 sq ft per Snohomish County MR Zoning. Sewer & water lines replaced 1999. Full pre-inspection & sewer scope completed for existing "as-is" structure. Needs roof and extensive cosmetic & other work ...report available
Location
State WA
County Snohomish
Area 740 - Everett/Mukilteo
Interior
Interior Features Wall to Wall Carpet
Flooring See Remarks, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
View Y/N No
Roof Type Composition
Building
Lot Description Corner Lot, Sidewalk
Sewer Sewer Connected
New Construction No
Schools
Elementary Schools Oak Heights Elemoh
Middle Schools Alderwood Mid
High Schools Lynnwood High
School District Edmonds
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, Owner Financing
Listing Terms Cash Out, Conventional, Owner Financing
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