Marketing Description:

Edmonds Assembly with Rental Income During Project ApprovalThis is a fantastic opportunity to purchase three lots in a prime Edmonds location, with established tenants providing steady rental income while you work on securing approval for a 20-townhouse development. In one configuration, the project could include 20 townhouses, with 11 units featuring a one-car garage and driveway parking, and 9 units offering two parking spaces. Additionally, there’s the potential to create two single-family building lots, each with a detached ADU. Currently, the nine rental units on the property are generating solid income, providing financial support while you prepare the project for development.