Investment Opportunity Development Potential

0.27 Acres of Residential Land Offered at $1,375,000 USD in Everett, WA 98208

Asking Price $1,375,000

Property Type: Land

Listing Contacts

Nikolai Fedoriak

Verified Profile

Property Info

Property Overview

Investment Opportunity + Development Potential! [.27 Acre, next to Silver Lake] Zoned UR3, allowing multi-family dwellings up to 4 Floors height. Preliminary plans were done for Multifamily building or Townhomes. Currently built on lot is a 1-1/2 story 1472 sf Home w/ unfinished Basement & tuck under garage. Partially covered deck leads to a large Back yard w/ fruit trees adding natural privacy. Near I-5, park & ride, future light rail stations, Boeing, Paine field airport, restaurants and shopping. Conveniently located near multiple parks & walking trails around the lake with serene views. Whether you're looking for a single-family home with plenty of space or to invest in possible use of land, this spacious lot offers many possibilities!

Property Details

Property Subtype: Residential/Multifamily

Highlights

Lakeview
Walking distance to stores, restaurants, park
Close to I-5, future light rail stations
UR3 zoned

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