15817 Manor Way Active Save Request In-Person Tour Request Virtual Tour
Lynnwood,WA 98087
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,792 sqft
Price per Sqft $485
Subdivision Edmonds
MLS Listing ID 2447007
Style 55 - 5-9 Units
Bedrooms 16
Year Built 1968
Annual Tax Amount $24,463
Lot Size 1.780 Acres
Property Sub-Type Multi Family
Property Description
Rare Investment/Development Offering – 1.78 Acre site comprised of four parcels in the Mixed Use Corridor zone. Flexible zoning supports Apartments, Commercial, and Retail with potential heights up to 135'. Current improvements include 8 rental units (two duplexes + one fourplex) producing strong cash flow of $13,535/month. Ideal for investors seeking stable income today with significant redevelopment upside tomorrow. Owner has completed survey and wetlands study. Buyer to verify. Feasibility studies considered.
Location
State WA
County Snohomish
Area 730 - Southwest Snohomish
Exterior
Exterior Feature Wood
View Y/N No
Roof Type Composition
Building
Lot Description Paved
Sewer Septic Tank
New Construction No
Schools
School District Edmonds
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional