Bought with Windermere Chambers Bay
$175,000
$225,000
22.2%For more information regarding the value of a property, please contact us for a free consultation.
3,640 Sqft Lot
SOLD DATE : 02/23/2024
Key Details
Sold Price $175,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision Lincoln
MLS Listing ID 2167111
Sold Date 02/23/24
Style 40 - Res-Less thn 1 Ac
Annual Tax Amount $937
Lot Size 3,640 Sqft
Lot Dimensions 130x28
Property Description
Lincoln Park investor or developer gem—bring your plans for this vacant parcel! With the park practically across the street, phenomenally easy access to I5 & downtown Tacoma, and proximity to the proposed Tacoma Dome Link Light Rail station all add up to make the potential of 3-6+ highly desirable units. Zoned NCX and with zero setbacks, development of 4+ units may be eligible for Tacoma's MultiFamily Tax exemption program—likely ideal use situation of 6 units. There's plenty of opportunity with the surrounding area recently having had an infill of 8 units and, since it's mixed-use, you aren't limited to solely residential development. Possibilities abound!
Location
State WA
County Pierce
Area 54 - South Tacoma
Interior
Fireplace false
Exterior
Utilities Available Natural Gas Available, Electricity Available
Waterfront No
View Y/N Yes
View Territorial
Building
Lot Description Alley, Curbs, Paved, Sidewalk
Sewer Available
Water Available
Schools
Elementary Schools Lyon
Middle Schools Stewart
High Schools Lincoln High
School District Tacoma
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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