Property Details

3405 Rucker Ave

Everett, WA 98201

$3,325,000

Pending

CBA# 701367 courtesy of CBA Listing firm: Dave Nelson Real Estate

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Commercial

Property Type

4,524

Bldg Sq Ft

Property Overview

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 multifamily 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.