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12524 Addison St SW in Lakewood

Listing ID:1777487 (Residential Home)
Address:12524 Addison St SW; Lakewood, WA 98499
Listing Price:$720,000
Days on Market:126

Details

Bed / Bath:0.00 / 0.00
Square Feet:1,446
Lot Size:0.45 acres (19,600 sqft)

Attention investors and developers, don't miss this amazing opportunity! Value in land, take advantage of this property zoned MF3; townhouses or 21 unit apartment. Architect rendering give idea of what your next project could look like. Located down dead end ST across from beautiful park. Look what the neighboring property accomplished, here's your lucrative multifamily project. Rental Income while you plan and prepare project. Easy access to I-5, Bases, shopping. Recently Appraised at $738,000. Developer may be able to get tax incentive with this, community reinvestment act, HUD; depends on requirements and plans for developers design. Huge potential and opportunity! Please don't disturb Tenants. Buyer to verify to own satisfaction


NWMLS

This listing is provided courtesy of NWMLS, contributed by eXp Realty.



Home Details

Home

Style:10 - 1 Story
Bedrooms:0.00
Bathrooms:0.00
Year Built:1945
Square Footage:1,446
Lot Square Footage:0.45 acres
Total Covered Parking:2

Schools

School District:LKD

Surroundings

Site Features:Fenced-Fully
View:See Remarks, Territorial

Financials

Tax Amount:$4,217
Tax Year:2021
Parcel Number:021912-3-092
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