5302 212th Street SW Mountlake Terrace, WA 98043
5302 212th Street SW
Mountlake Terrace, WA 98043
$839,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Pending Inspection
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.
Property Features
Community: Mountlake Terrace
Duplex
Exterior: Wood
Roof: Composition
Roof: Flat
Year Built: 1980
2025 Taxes: $6031.00
Buyer Broker Compensation: 2.5%
Listing #: 2403685
Lot Details
Lot Size: 0.31 acres
Curbs
Open Space
Paved
Sidewalk
No. of Units: 2
Interior
Cooling: None
Heating: Baseboard
Electric
Call or Email:
Grace Wamwere
What's Near 5302 212th Street SW Mountlake Terrace, WA 98043?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
DMCA Notice 
Courtesy of Coldwell Banker Danforth
