Property Description
Attention Investors! Everett investment opportunity featuring an income-producing duplex plus an additional 3-bedroom manufactured home on a spacious 14,810 SF lot. All units are occupied with month-to-month leases and current rents are below market, offering future rental upside. Seller currently pays water/sewer, providing additional potential for future expense restructuring. Property is in fair condition with opportunity for improvements and value enhancement. Large 14,810 SF lot with MR zoning offers redevelopment potential for approximately 7 dwelling units based on current zoning density. Plenty of parking with convenient access to shopping, services, transit and major commuter routes. Ideal for an investor looking for current rental income with multiple ways to add value through future rent growth, property improvements, expense restructuring and redevelopment potential. Buyer to verify zoning, permitted uses, development capacity and all information to buyer’s satisfaction.
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Anaccortes, WA 98221