5507 240th ST SW, Mountlake Terrace, WA 98043
5507 240th ST SW, Mountlake Terrace, WA 98043
5507 240th ST SW, Mountlake Terrace, WA 98043
5507 240th ST SW, Mountlake Terrace, WA 98043
5507 240th ST SW, Mountlake Terrace, WA 98043
5507 240th ST SW, Mountlake Terrace, WA 98043
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Listed by:John L. Scott, Inc. • Kimberly Shaeffer
$ 799,000
Est. payment | /mo

3 Beds

1 Bath

1,100 SqFt


Save
$ 799,000
Est. payment | /mo
Save

3 Beds

1 Bath

1,100 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $726

Subdivision Mountlake Terrace

MLS Listing ID 2572307

Style 10 - 1 Story

Bedrooms 3

Full Baths 1

Year Built 1950

Annual Tax Amount $4,769

Lot Size 7,841 Sqft

Property Sub-Type Single Family Residence

Property Description

Exceptional redevelopment opportunity in the heart of Mountlake Terrace. This 7,800+ SF corner property is located just blocks from the Mountlake Terrace Link light rail station and downtown, with desirable BC/D zoning offering significant long-term potential. The property is currently improved with an existing residence and occupied by a long-standing month-to-month tenant, providing income while a buyer evaluates future plans. An excellent opportunity for a developer, investor, or owner looking to secure a strategically located property in one of Mountlake Terrace's evolving transit-oriented areas. Buyer to verify zoning, development potential, permitted uses, and all information to buyer's satisfaction. Please do not disturb tenant or walk the property without prior permission.

Location

State WA

County Snohomish

Area 730 - Southwest Snohomish

Rooms

Basement None

Main Level Bedrooms 3

Interior

Flooring Vinyl Plank

Fireplace false

Exterior

Exterior Feature Cement/Concrete

View Y/N Yes

View Territorial

Roof Type Metal,Torch Down

Garage Yes

Building

Lot Description Corner Lot, Paved

Story One

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Snohomish

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)
NEARBY SCHOOLS & PROPERTIES
Gordy Lindstrom

?My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ?

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5507 240th ST SW