324 E 40th xx - Tacoma, WA 98404$189,000

Vacant Land in the Se Tacoma Neighborhood

Lot Square footage: 5,919 | Approx. Acreage: 0.14

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324 E 40th xx Tacoma, WA Description:

HOT BUY. Lot #2, or all 3 LOTS W/20 UNIT CAPABILITY. 3 beautiful flat lots, with new zoning, allowing for higher density. They now boast ability for multiple units. Ex.: 2 houses or up to 7 units per lot, from new zoning UR-1/2/3. Buyer must verify. New zoning is called UR-1/2/3, allowing investor to profit more and community to receive more, causing ?better low income housing in the nearby downtown city and communities. Apt acquisition buyers could be paying higher per unit (around $45,000 each x 21 units = $945,000), and they will be in the future. Those that are acting now are getting these kinds of savings for $189,000 per lot, or $567,000 for all 3 lots. Confirmed w/ civil/architect.

324 E 40th xx Tacoma, WA Information:

Date Listed: 10-03-2024

Listing Number: 2298381

Parcel ID: 7470014212

Third Party Required (Short Sale): None

Terms of Financing: Cash Out, Conventional, Owner Financing

Community Name: Se Tacoma

County: Pierce

Area: 58 - Southeast Tacoma

Lot Size: 0.14 acres

Lot Number(s): 2

Lot Details: Dead End Street

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324 E 40th xx Tacoma, WA Amenities:

Sewer: Available, In Street

Electrical Status: On Property

Gas Status: In Street

Improvements: Fenced-Partially

Water: Available, On Property

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

324 E 40th xx is 5,919 sq. ft or 0.14 acres of vacant land located in Tacoma and in the community of Se Tacoma. The available utilities include gas , electricity , sewer , and water .

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Directions to 324 E 40th xx Tacoma, WA: From Pacific Ave (Hwy 7) turn East onto S 40th Street, property is 1/3 mile on righthand side of the road.

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BLUE SUMMIT REALTY
4705 Lacey Blvd. SE
Lacey, WA 98503
Phone: (360) 688-4073

Real estate listings held by IDX Brokerage firms other than Blue Summit Realty are marked with the NWMLS "three tree" NWMLS Logo icon. The information contained in this listing has not been verified by Blue Summit Realty, LLC and should be verified by the buyer. Equal Housing Opportunity. All Information Deemed Reliable, But Is Not Fully Guaranteed.