Presented by: Dave Nelson Real Estate and NWMLS
Property Description
6 contiguous lots with prime location on Rucker with MU15 zoning. MU15 designation allows for buildings as tall as 15 stories. On bus line and near bus station/rail. Great access to Boeing and other commercial/Industrial areas. Exemption from SEPA if 200 units or less is developed. Washington State multi-family tax exemption applies. HUD opportunity zone. Walking distance to medical centers. Future upper level units will have mountain views to the east. Development materials & income in the supplements. Price equates to 190 units at $17,500 per unit. Opportunity for a very profitable project.
Interior Features
Bedrooms
Bedrooms Upper0
Bathrooms
Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Total Fireplaces0
General
Building Area Units0 sqft
Carport Y/NNo
CityEverett
CountySnohomish
DirectionsFrom I-5 take exit for 41st. Go west to Rucker Ave. Turn right. Property will be on the right.
Elementary SchoolBuyer To Verify
Gas StatusIn Street
HOANo
HOA Fee$0
High SchoolBuyer To Verify
High School DistrictEverett
Listing TermsCash Out, Conventional
Living Area0 sqft
Lot Size Square Feet33,539 sqft
Lot Size UnitsSquare Feet
MLS Area740 - Everett/Mukilteo
Middle/Junior High SchoolBuyer To Verify
NWM_ShowMapLinkY
PossessionClosing, Subject to Tenant Rights
Possible UseCommercial, Multi-Family, Office, Residential, Retail
Property Style42 - Multi-Family
Property SubtypeLand
Property TypeLand
Public Remarks6 contiguous lots with prime location on Rucker with MU15 zoning. MU15 designation allows for buildings as tall as 15 stories. On bus line and near bus station/rail. Great access to Boeing and other
Senior Community Y/NNo
SewerOn Property
Special Listing ConditionsNone
Standard StatusPending
StatusPending
Structure TypeMulti Family
Subdivision NameDowntown
Tax Annual Amount$20,367
Tax Year2025
TopographySloped
UtilitiesElectricity Connected, Natural Gas Available
Zoning DescriptionCommercial, Multi-Family, Office, Residential, Retail
Exterior
Building Area Total0 sqft
Irrigation Water Rights Y/NNo
Lot FeaturesAlley, Curbs, Paved, Sidewalk
Lot Size Acres0.7699
Road ResponsibilityCounty
Road Surface TypePaved
Water SourceOn Property
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Buyer To Verify Middle School
Elementary School
Buyer To Verify Elementary School
High School
Buyer To Verify High School