5302 212 Street SW

Mountlake Terrace, WA 98043

  • 4 Bed

  • 2 Bath

  • 3087 SqFt

  • 2 DOM

  • Built: 1937

  • Status: Active

$839,000

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5302 212 Street SW

Mountlake Terrace 98043

$839000

  • 4 Bed

  • 2 Bath

  • 3087 SqFt

  • 2 DOM

  • Built: 1937

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

Many options with owner-occupied investment. 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.

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