$2,500,000
Pending

1507 E 58th Street

Tacoma, WA 98404
Listing OfficeSkyline Properties, Inc.
Browse 2 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Builders & Investors here's an excellent opportunity to acquire 2+ level acres to construct a proposed 36-unit Townhome Community with a mid-scale residential set-aside (possibly a 25-unit apartment building). These cutting edge townhomes have 3 bedrooms & 3.5 bathrooms with a great room and attached garage. Once built, these optimal designs will fly off the market as they're precisely what residential buyers are seeking. The survey, preliminary engineering, and site-plan have been reviewed by City of Tacoma. Per the seller, the time required to complete this short plat is about 120 days. This is a rare and top notch site in an up & coming neighborhood with rising demand for new residences.

  • Property Details
      • Utility FeaturesElectricity Available, Natural Gas Available
      • Style42 - Multi-Family
      • ViewCity, Territorial
      • Elementary SchoolBuyer To Verify
      • Middle SchoolBuyer To Verify
      • High SchoolBuyer To Verify
      • Date ListedAugust 13, 2024
      • Lot DescriptionCurbs, Paved
      • Structure TypeMulti Family
      • SubdivisionEast Tacoma
      • Original List Price$2,500,000
      • Sewer InformationIn Street
      • Utility SourceIn Street
      • Property TypePurchase
      • MLS #2277125
      • Cost2500000
      • MLS #2277125
      • School DistrictTacoma
      • CountyPierce
      • Taxes Annual$5,178
      • Acres2.182
      • Property SubtypeLand
      • Days on Market (Cumulative)430
Hoge & Davitte Realty GroupKeller Williams Greater Seattle
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
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annually
$
monthly

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.

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