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
Current Location
