236th Edmonds Investment Assembly

236th Edmonds Investment Assembly (Status: Available)

9107, 236th St, Edmonds, WA  98026

Edmonds Assembly with Rental Income During Project ApprovalThis is a fantastic opportunity to purchase three lots in a prime Edmonds location, with established tenants providing steady rental income while you work on securing approval for a 20-townhouse development. In one configuration, the project could include 20 townhouses, with 11 units featuring a one-car garage and driveway parking, and 9 units offering two parking spaces. Additionally, there’s the potential to create two single-family building lots, each with a detached ADU. Currently, the nine rental units on the property are generating solid income, providing financial support while you prepare the project for development.

Listing Details

Asset Class: Multi-Family
Year Built: 1955
Building Total Square Feet: 10430
Available Lease Space Square Feet: 10430
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information: ED

Listing Courtesy of: Coldwell Banker Bain-Edmonds

Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. and should be verified by the buyer.