Tacoma, WA 98405,0 S Melrose ST
Listed by Windermere Real Estate/East Tammy Yao 
Bought with Windermere Chambers Bay

$412,500

Est. payment /mo

$450,000

8.3%
Est.Price: ?

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0 S Melrose ST Tacoma, WA 98405

8,400 Sqft Lot

SOLD DATE : 08/03/2022

Key Details

Sold Price $412,500

Property Type Vacant Land

Sub Type Land

Listing Status Sold

Purchase Type For Sale

Subdivision Tacoma

MLS Listing ID 1944351

Sold Date 08/03/22

Style 40 - Res-Less thn 1 Ac

Lot Size 8,400 Sqft

Property Sub-Type Land

Property Description

CALLING ALL INVESTORS/DEVELOPERS! 4-Plex Opportunity in a prime location; the heart of Central Tacoma! Building plans and civil engineering approved for multifamily quadplex. Almost ready to break ground, buyer needs to secure bond for street improvements and can start digging as early as 2 weeks! Buyer will receive copies of plans and engineering. Each unit will be 1649 sf w/ private garage for total rentable living space of 6,596 sf. Proposed rents of 2800-2900/unit. Either rent out when done, or condominiumize and sell separately. Best comp is ¾ the size w/o garage, sold for $1.95M. Lot across street for 4plex also listed - see MLS 1944325. Buyer to verify all information to their satisfaction. Take advantage of this rare opportunity!

Location

State WA

County Pierce

Area 27 - Central Tacoma

Interior

Fireplace false

Exterior

Utilities Available Electricity Available

View Y/N No

Building

Sewer Available

Water Available

Schools

School District Tacoma

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)
Elsa Borgen

Elsa Borgen

Branch Manager | License ID: 23028070

+1(253) 606-8212

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