15550 84th Avenue NE, Kenmore, WA 98028

$2,975,000

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Listing courtesy of Windermere RE Greenwood. Selling Office: ZNonMember-Office-MLS.

Sold Price
$2,975,000
List Price
$2,050,000
Status
SOLD
MLS#
2202109
Closing Date
Mar 15, 2024
Days on Market
9
Lot Size (sq ft)
37,500

Property Description

This is a bankruptcy auction. Upcoming Auction March 1. OFFERS ARE DUE FEB 26 FOR COMMITTEE REVIEW. Closing March 12. Approved plans for 5 elder care homes, ground is level and ready to go. All liens will be paid off by escrow at closing, buyer will inherit a clean title. Finding a landlord for the exit. Site allows for 10 single family homes, however restarting entitlements on this site will prove to be very costly. 1.5M gross profit potential on the current business plan.

Additional Information

Community
Kenmore
Style
40 - Res-Less thn 1 Ac
Zoning Jurisdiction
City
Sewer
On Property
School District
Northshore
Potential Terms
Cash Out
Driving Directions
Up the hill, on the left off 84th.
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.
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