Lakewood multifamily redevelopment opportunity just minutes from JBLM! This MF-3 zoned property offers a proposed 25-unit apartment concept with substantial preliminary development work already completed. Available documentation includes civil engineering plans, topographic survey, geotechnical analysis, landscape design, and mechanical, electrical, and energy coordination—providing a valuable foundation for further development review.… Read More Two existing tenant-occupied structures offer potential interim rental income. Potential eligibility for Lakewood's 12-year MFTE program, subject to City requirements and approval. Offered at $799,000, approximately $31,960 per proposed unit. An opportunity for builders and investors seeking multifamily development potential in an established rental market. Buyer to verify feasibility, density, and approvals. Do NOT disturb tenants. Seller is a licensed real estate agent. Read Less
Listing courtesy of eXp Realty
Listing Snapshot
Cumulative Days Active
312
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
2
Square Ft.
832
Lot Size
0.45 Acres
Year Built
1945
Property Tax
$5,356
MLS Number
2506001
Additional Details
Building
Built in 1945, Built in 1988 (effective), Living area: 832, Levels: One, Entry location: Main, Construction Materials: Metal/Vinyl
Cooling
None
Exterior Features
Metal/Vinyl
Floors
Vinyl Plank, Carpet
Heating
Baseboard
Home Owner's Association
Association Fee: $0
Lot
0.45 acres, Dimensions: 19,600, Dead End Street, Value In Land, Topography: Level
Parking
2 covered spaces, 2 total parking spaces, Driveway, Detached Garage
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. Listings last updated on ,
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