$449,900
For Sale

17302 A Street S

Spanaway, WA 98387
Courtesy of Windermere Professional Prtnrs
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Description

Prime multi-family development site suitable for 9-units. Water, Sewer, Gas & Electric are all in-street. 2 separate tax parcels offer a combined 16,112 SF w/ 4 underlining lots. Property is located w/in proximity to Spanaway Lake w/ an abundance of restaurants, grocery stores & other commercial centers only minutes away. Lot is cleared w/ level topography. Frontage on paved roads, A Street S & 173rd St S. Owner has plans for 3-triplexes w/ 2-bdrm configurations + parking. Lots of preliminary work completed: survey, water availability certificate, preliminary meeting, architectural drawings, etc.Value of finished apartment project should be around $3-million & achieve annual gross revenue of nearly $250K. Zoned MHR.
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  • Property Details
    • Property
      • View:City, Territorial
      • Lot description:Alley, Corner Lot, Curbs, Paved
    • Measurements
      • Acres:0.3699
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Architectural style:42 - Multi-Family
  • Utilities / Energy Details
    • Utility
      • Sewer information:Available, In Street
      • Utility source:Available, In Street
      • Utility features:Natural Gas Available, Electricity Connected
  • Community and Neighborhood Details
    • Location
      • School district:Bethel
      • Elementary School:Thompson Elem
      • Middle School:Spanaway Jnr High
      • High School:Spanaway Lake High
      • County:Pierce
    • Community
      • Subdivision:Lake Park
  • Financial Details
    • Pricing Details
      • Original list_price:$499, 900
      • Selling office_commission:2.5
      • Annual taxes:$2, 063
  • Other
    • Source
      • MLS #:1825073

Location

Sarah-Cate DavisReal Estate Group
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