3718 Pacific Avenue
Tacoma, WA 98418
0.37 acres | #2272124
Description
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!
Property Details
- Utility FeaturesElectricity Connected, Natural Gas Available
- ViewMountain(s), Partial, Sound
- Style42 - Multi-Family
- Date ListedAugust 01, 2024
- High SchoolLincoln High
- Structure TypeMulti Family
- Utility SourceOn Property
- Original List Price$3,200,000
- Sewer InformationAvailable
- Property TypePurchase
- Middle SchoolStewart
- MLS #2272124
- Cost3200000
- MLS #2272124
- Acres0.3676
- SubdivisionTacoma
- School DistrictTacoma
- CountyPierce
- Taxes Annual$6,839
- Elementary SchoolLyon
- Property SubtypeLand
- Days on Market (Cumulative)141
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-11-14 16:18:32. 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.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Copyright 2024 Northwest Multiple Listing Service. All rights reserved.
Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Ivanna Miakota (#NWM127196)
Listing Office: Kelly Right RE of Seattle LLC (#NWM2821)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
