2611 Hoyt Ave Everett, WA 98201

This exceptional investment opportunity presents a fully permitted four-plex development project situated on a 0.1-acre lot (4,356 square feet) in Everett, Washington's desirable Bayside neighborhood. The property, located at 2611 Hoyt Avenue, boasts a total of 5,753 rentable square feet, with permits ready for immediate pickup. Zoned UR4 (Urban Residential 4) by the City of Everett, this site offers significant potential for immediate construction of a new four-plex or condominium development. The location provides convenient access to a wealth of retail amenities, including grocery stores, banks, entertainment venues, and the Everett Public Library, all within walking distance. Its proximity to the Everett CBD, parks, and the Port of Everett further enhances its desirability. The asking price for this turnkey development opportunity is $699,000. Note that buyer is responsible for any associated permit fees. This is a rare chance to capitalize on a fully entitled project in a thriving urban area.