4309 Tacoma AVE S #1,2 Active

Tacoma,WA 98418

$ 540000

5 Beds

2 Baths

2612 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,612 sqft

Price per Sqft $206

Subdivision Lincoln

MLS Listing ID 2433284

Style 52 - Duplex

Bedrooms 5

Year Built 1916

Lot Size 4,100 Sqft

Lot Dimensions 50x82

Property Sub-Type Multi Family

Property Description

Rare investment opportunity in Tacoma! This property has been converted into condos, offering two updated units plus a third vacant lot with permit for 1-2 additional units for only an additional $100K. Unit 1 features 3 beds/1 bath, Unit 2 offers 2 beds/1 bath - both on separate meters for ease of management. Live in one, rent the others, or leas all for maximum income. With strong rental demand in the area, this is a prime chance to expand your portfolio and unlock added value. Zoned UR-1 which is 1 unit/1,500 sq.ft. The UR districts have bonuses for additional density for the provision of affordable housing and preserving the primary dwelling. See separate listing for vacant land # 2434011.

Location

State WA

County Pierce

Area 59 - Southeast Tacoma

Interior

Flooring Ceramic Tile,Concrete,Laminate

Fireplace false

Exterior

Exterior Feature Cement/Concrete,Wood,Wood Products

Amenities Available Fenced-Fully,Fenced-Partially

View Y/N No

Roof Type Composition

Building

Lot Description Alley,Paved,Sidewalk,Value In Land

Sewer Available

Water Public

New Construction No

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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