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Listing courtesy of Keller Williams Realty BothellCorey Crain · 425-422-7931 · multifamilyspecialist@gmail.comNWMLS Courtesy of NWMLS

Active

1703 Oakes , Everett, WA 98201

Everett, WA 98201 · MLS# 2593026

$474,000

  • 3 beds
  • 2 baths
  • 2,304 sq ft
  • Built 1920

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About this home

Rare UR4 corner development site in Northwest Everett with a vacant duplex in place and fourplex permitting already underway. The 1920 building is separately metered with one unit up and one down, plus a large unfinished basement with a street level garage door for storage, shop space, or future living area, remodel and rent while you plan, or move straight to development. The seller has already done the heavy lifting with the City and holds permits for a four unit new construction project. The plans need only minor architect revisions to wrap up, so a buyer can pick up where the work leaves off instead of starting from zero. UR4 opens up more than a fourplex. The code allows residential development up to four floors and 45 feet, with no general maximum unit density since the property sits outside the historic overlay. Units under 1,200 gross square feet are exempt from off street parking, there is no stated maximum building coverage, and setbacks are favorable with no front setback and generally five feet at the street side, interior side, and rear. A four story, parking free project of roughly 8 to 12 compact units is a strong concept to explore, subject to buyer feasibility and City approval. City water and sewer, all day transit within a half mile, and two parks within a half mile that may allow amenity space through balconies, rooftop area, or payment in lieu. Outside all mapped flood, wetland, shoreline, historic, airport, and smelter cleanup overlays.

Details

Status
Active
MLS number
2593026
Property type
Residential
Lot size
3,920 sq ft
Cumulative days on market
35
County
Snohomish
Style
Single Family Residence
Levels
Two
Basement
Unfinished
Heating
Wall Furnace
Cooling
See Remarks
Parking
Driveway, Attached Garage, Off Street
New construction
No
Annual property tax
2025
Tax year
2025