16561 124th Ave NE Bothell, WA 98011

Rare investment opportunity – unique property consists of 1.5 story + basement 3 bedroom, 3 bath home, along with a detached oversized 2 car garage with adjacent studio apartment and a 2 bedroom, 2 bath ADU above the garage – all on 1.23 acres zoned R9600. Existing buildings are clustered in the SW portion of the acreage, allowing for easy subdivision of a few lots while retaining the income portion of the property, making this a true cash flow opportunity. Recent 2018 renovation of the living spaces from the studs including kitchens, baths, electrical & plumbing, windows, flooring, roofs, etc.. Abundant parking, sunny, light-filled grounds and nice territorial views. Just a short drive to vibrant Totem Lake shops and restaurants, and short commute to entire Eastside and North-end. Don’t miss this hard-to-find income property just two minutes from I-405 with tremendous upside whether selling off building lots and retaining the income property, a 5-6 lot stand-alone plat or as part of a larger plat assemblage.