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
- ViewMountain(s), Partial, Sound
Measurements
- Acres0.3676
Construction Details
- Style42 - Multi-Family
- Property TypePurchase
Utilities / Energy Details
- Utility FeaturesElectricity Connected, Natural Gas Available
- Utility SourceOn Property
- Sewer InformationAvailable
Community and Neighborhood Details
- SubdivisionTacoma
Location
- High SchoolLincoln High
- Middle SchoolStewart
- School DistrictTacoma
- CountyPierce
- Elementary SchoolLyon
Financial Details
- Original List Price$3,200,000
- Taxes Annual$6,839
- Days on Market (Cumulative)48
Other
- MLS #2272124
Legal
Disclaimer: The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - 21 - WA and should be verified by the buyer.
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.
