324 S 40th St xxx Active Save Request In-Person Tour Request Virtual Tour
Tacoma,WA 98404
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Se Tacoma
MLS Listing ID 2298386
Style 40 - Res-Less thn 1 Ac
Annual Tax Amount $2,859
Lot Size 5,919 Sqft
Property Description
HOT BUY. Lot # 3, or all 3 LOTS W/20 UNIT CAPABILITY. 3 beautiful flat lots, with new zoning, allowing for higher density. They now boast ability for multiple units. Ex.: 2 houses or up to 7 units per lot, from new zoning UR-1/2/3. Buyer must verify. New zoning is called UR-1/2/3, allowing investor to profit more and community to receive more, causing �better low income housing in the nearby downtown city and communities. Apt acquisition buyers could be paying higher per unit (around $45,000 each x 21 units = $945,000), and they will be in the future. Those that are acting now are getting these kinds of savings for $189,000 per lot, or $567,000 for all 3 lots. Confirmed w/ civil/architect.
Location
State WA
County Pierce
Area 58 - Southeast Tacoma
Exterior
Utilities Available Electricity Connected,Natural Gas Available
Waterfront No
View Y/N Yes
View Territorial
Building
Lot Description Dead End Street
Sewer Available,In Street
Water Available
Schools
School District Tacoma
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional