5302 212th Street SW

Mountlake Terrace, WA 98043

  • Bed

  • Bath

  • 3087 SqFt

  • 1 DOM

  • Built: 1937

  • Status: Active

$839,000

X

5302 212th Street SW

Mountlake Terrace 98043

$839000

  • Bed

  • Bath

  • 3087 SqFt

  • 1 DOM

  • Built: 1937

  • Status: Active

Srinivas Kasam

CEO & Founder

(650)533-3259

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.

Download our Mobile app

Similar Properties

$425,000

  • 2 Bed

  • 1 Bath

  • 672 SqFt

  • 1 DOM

  • 23905 54th Avenue W, Mountlake Terrace, 98043

$600,000

  • 2 Bed

  • 1 Bath

  • 966 SqFt

  • 1 DOM

  • 21511 54th Place W, Mountlake Terrace, 98043

$1,698,000

  • 5 Bed

  • 3 Bath

  • 3780 SqFt

  • 1 DOM

  • 21513 38th Avenue W, Mountlake Terrace, 98043

$639,500

  • 3 Bed

  • 2.5 Bath

  • 1554 SqFt

  • 1 DOM

  • 21405 40th Avenue W, Mountlake Terrace, 98043