Welcome to a prime investment opportunity in the thriving South Tacoma area, where the demand for multi-family development is high. This ready-to-build project features 98 fully permitted units, addressing the pressing need for housing in the area. Located within an Opportunity Zone, this property presents investors with the advantage of 8 or 12-year tax abatement options, maximizing potential returns. All utilities are already available at the site, streamlining the development process. Future residents will enjoy a range of desirable amenities, including a rooftop lounge, dog run, and secured parking garage. For further details or building plans request, please reach to the listing listing agent. Don't miss the opportunity!
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Listing Snapshot
Price
$3,200,000
Days On Site
142 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.3676 Acres
Year Built
N/A
MLS® Number
2272124
Status
Active
Property Tax
$6,839.21
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Days online/new listing status Today's Date - OriginatingSystemModificationTimestamp + CumulativeDaysOnMarket = CDOM.
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Recent Activity
a month ago
Listing updated with changes from the MLS®
5 months ago
Status changed to Active
5 months ago
Listing first seen on site
General Features
Acres
0.3676
Utilities
Electricity ConnectedNatural Gas AvailableSewer Available
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Exterior Features
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Mountain(s)Sound
Waterview
Mountain(s)Sound
Community Features
Financing Terms Available
Conventional
MLS Area
54 - South Tacoma
Roads
Paved
School District
Tacoma
Schools
School District
Tacoma
Elementary School
Lyon
Middle School
Stewart
High School
Lincoln High
Courtesy of NWMLS
Listing courtesy of Ivanna Miakota of Kelly Right RE of Seattle LLC
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Based on Information submitted to the MLS Grid as of: 2024-10-29 05:00 PM PDT
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