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    • Listing Provided by eXp Realty
    DESCRIPTION

    Attention investors and developers, don't miss this amazing opportunity! Value in land, take advantage of this property zoned MF3; townhouses or 21 unit apartment. Architect rendering give idea of what your next project could look like. Located down dead end ST across from beautiful park. Look what the neighboring property accomplished, here's your lucrative multifamily project. Rental Income while you plan and prepare project. Easy access to I-5, Bases, shopping. Recently Appraised at $738,000. Developer may be able to get tax incentive with this, community reinvestment act, HUD; depends on requirements and plans for developers design. Huge potential and opportunity! Please don't disturb Tenants. Buyer to verify to own satisfaction

    KEY DETAILS
    • Price:
    • $690,000
    • Bedrooms:
    • 0
    • Full Baths:
    • 0
    • Square Footage:
    • 1,446
    • Acreage:
    • 0.45
    • Year Built:
    • 1945
    • MLS #:
    • NWM1777487
    • Street Address:
    • 12524 Addison St SW
    • City:
    • Lakewood
    • State:
    • WA
    • Postal Code:
    • 98499
    • County:
    • Pierce
    • Area:
    • 37 - Lakewood
    • Subdivision:
    • Lakewood
    • Listing Status:
    • For Sale - Active

    Building

    • Approximate Square Footage Range:
    • 1446
    • Exterior Description:
    • See Remarks
    • Furnished:
    • Unfurnished
    • Stories:
    • One
    • Structure:
    • House
    • Style:
    • 10 - 1 Story
    • Total Building Square Footage:
    • 1446
    • Type Of Roof:
    • Composition
    • View:
    • See Remarks, Territorial
    • Year Built:
    • 1945

    Land

    • Lot Features:
    • Adjacent To Public Land, Dead End Street, Paved, Value In Land
    • Lot Size Units:
    • Square Feet
    • Lot Square Footage:
    • 19600
    • Topography:
    • Level
    • Vegetation:
    • Brush, Wooded
    • Zoning Description:
    • Mf3

    Listing

    • On Market Date:
    • 2021-05-19
    • Originating Mls:
    • Nwmls
    • Terms:
    • Cash Out, Conventional, See Remarks

    Location

    • Subdivision:
    • Lakewood

    Money

    • Property Taxes:
    • $4,217
    • Tax Year:
    • 2021

    Structures

    • Covered Parking Spaces:
    • 2
    • Garage Parking Spaces:
    • 2
    • Has Attached Garage:
    • Yes
    • Has Garage:
    • Yes
    • Parking Spaces:
    • 2

    Systems

    • Existing Water:
    • Public
    • Sewage Type:
    • Sewer Connected

    Source

    Disclaimer: The information contained in this listing has not been verified by the member's firm and should be verified by the buyer.

    WANWMLS
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    SCHOOL RATINGS
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    SCHOOL DISTRICT: LAKEWOOD

    NOTES

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