913 Peters Place SE, Everett, WA
Land for Sale - $1,100,000 - 2,775 Sq. Ft. on 0.39 acres
Agent Info
| THERESA NEAL |
Property Info
| CIMLS# | 1143673 |
| Location 913 Peters Place SE Everett WA 98208 | |
| Updated | June 7th, 2023 |
| Type | Land |
| Price | $1,100,000 |
| Building | 2,775 Sq. Ft. |
| Land | 0.39 acres |
Property Description
Collect rents while developing this property. Expansion opportunity in a prime location! UR3 Zoning in S Snohomish County. Up to 4 floors. Townhomes? A 10 Unit on the back of the property or demo the existing structure and build up to 22 units or a 24 unit senior citizen building. The property is adjacent to Silver Shores MHP and could be a transition for residents needing additional care while staying close to loved ones. Buyer to verify all provided information. Also a great property to hold and 'land bank.' The current owner is engaging in a 1031 exchange and is on a strict timeline. NO INTERIOR WALK THRU WITHOUT A SIGNED AROUND P&S AGREEMENT. NO SIGN, BE DISCREET. TENANTS ARE UNAWARE OF THE SALE.
Financials
Rents - $1500 - $1475 - $1095
NOI $32,249
3% CAP rate
