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3405 Rucker Ave
Everett, WA 98201 Port Gardner

$3,325,000 USD

Land For Sale  •  0.77 AC

Property Details

  • Property Type Land
  • Lot Size 0.77 AC
  • Zoning UR-4
50 Transit Score
70 Walk Score

Description

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.

Financial Summary (Actual)

Net Operating Income: $74,166 USD (2024)
Total Expenses: $27,126 USD

Public Transportation

Commuter RailDriveWalkDistance
Everett Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 4 min 16 min 0.8 mi
Transit/SubwayDriveWalkDistance
Everett Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 4 min 16 min 0.8 mi
AirportDriveWalkDistance
Seattle Paine Field International 15 min - 8.9 mi
Dave Nelson 425-319-3100 Dave Nelson Real Estate
Dave Nelson 425-319-3100 Dave Nelson Real Estate