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Listed by Coldwell Banker Bain
$3,200,000
Est. payment /mo
0.5 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Downtown Bothell
MLS Listing ID 2365670
Style 42 - Multi-Family
Annual Tax Amount $14,030
Lot Size 0.495 Acres
Lot Dimensions 162x132x163x132
Property Sub-Type Land
Property Description
Rare Development Opportunity in Downtown Bothell!Two side-by-side homes situated on a combined lot size of approximately 21,562 SF (0.495 acres). Both homes are currently rented and generating income, but the true value lies in the land. Positioned on a corner lot with alley access, this is an exceptional opportunity for investors or developers to capitalize on Bothell's growing demand. The City of Bothell recently upzoned this neighborhood to R-M4, allowing for a minimum of around 20 units and up to 40 units under current zoning. Viewing of homes upon mutual acceptance. Buyer to verify all zoning and building requirements with the City of Bothell and determine highest and best use.
Location
State WA
County King
Area 610 - Southeast Snohomish
Interior
Fireplace false
Exterior
Utilities Available Electricity Connected, Natural Gas Available
View Y/N No
Building
Lot Description Alley, Corner Lot, Paved, Sidewalk
Sewer Available, On Property
Water Available, In Street
Schools
Elementary Schools Maywood Hills Elem
Middle Schools Canyon Park Middle School
High Schools Bothell Hs
School District Northshore
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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