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253-691-8561
Terrafin Real Estate
6928 51st Avenue NE, Marysville, WA 98270
- $1,250,000
- 2
- BD
- 1
- BA
- 1,420
- SqFt
Listing Broker: COMPASS; Jeffrey Harrison; 425-985-9353; jeff.harrison@compass.com
- List Price
- $1,250,000
- Status
- FIRST LOOK
- Days on Market
- 3
- MLS#
- 2594761
- Subtype
- Residential
- Style
- 11 - 1 1/2 Story
- Year Built
- 1987
- Bedrooms
- 2
- Bathrooms
- 1
- Living Area
- 1,420
- Lot Size
- 32,916
- Acres
- 0.76
- Subdivision
- Marysville
- Neighborhood
- Marysville
- Building Name
- TOwnship 29
- MLS Area Major
- Northwest Snohomish
Property Description
Marysville development opportunity—two adjoining parcels totaling approximately 0.76 acres, with potential for 24 townhomes or a 44-unit apartment complex, subject to buyer verification and City approval. Offered together, 6928 51st Avenue NE and 6924 Armar Road NE present an opportunity for builders and developers to pursue a for-sale townhome community or a long-term multifamily investment. Evaluate both parcels under a coordinated site plan to optimize building placement, access, circulation, and parking. Two existing habitable homes may provide interim rental income during feasibility, design, and permitting, potentially helping offset carrying costs before redevelopment. Explore two development strategies: build and sell individual townhomes or develop apartments for rental income. Bring your architect, engineer, and construction team to assess site yield, entitlement requirements, construction costs, and projected returns. Potential unit counts are preliminary and do not represent approved plans or entitlements. Buyer to independently verify lot area, zoning, permitted uses, density, utilities and capacity, access, parking, setbacks, and all development requirements to their satisfaction.
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Additional Information
- Interior Features
- Fireplace, Water Heater
- Exterior Features
- Wood
- Property Description
- 11 - 1 1/2 Story
- Flooring
- Ceramic Tile, Hardwood, Carpet
- Heating
- Stove/Free Standing
- Air Conditioning
- None
- Levels
- One and One Half
- Roof
- Tile
- Parking Features
- Attached Garage, RV Parking
- School District
- Marysville
- Elementary School
- Liberty Elem
- Middle School
- Marysville Mid
- High School
- Marysville Getchell High
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.