1703 Oakes, Everett, WA 98201

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...