$449,900
Available

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. Current 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 gross yearly revenue of nearly $250K. Zoned MHR.
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  • Property Details
    • Measurements
      • Acres:0.3699
  • Construction Details
    • Type & Style
      • Architectural style:60 - Comm Bldg Und 10K
  • Utilities / Energy Details
    • Utility
      • Sewer information:Available
      • Utility source:Public
  • Community and Neighborhood Details
    • Location
      • 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 #:1825072

Location

Sarah-Cate DavisReal Estate Group
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