2514 176th ST E, Tacoma, WA 98445
2514 176th ST E, Tacoma, WA 98445
2514 176th ST E, Tacoma, WA 98445
2514 176th ST E, Tacoma, WA 98445
2514 176th ST E, Tacoma, WA 98445
2514 176th ST E, Tacoma, WA 98445
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Listed by:Better Properties Kent LLC • Major S. Dhami
Listed by:Better Properties Kent LLC • Major S. Dhami
$ 2,150,000
Est. payment | /mo

4 Beds

2.5 Baths

2,400 SqFt


Save
$ 2,150,000
Est. payment | /mo
Save

4 Beds

2.5 Baths

2,400 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $895

Subdivision Spanaway

MLS Listing ID 2603623

Style 10 - 1 Story

Bedrooms 4

Full Baths 2

Half Baths 1

Year Built 1965

Annual Tax Amount $8,916

Lot Size 2.121 Acres

Property Sub-Type Single Family Residence

Property Description

Development Opportunity—Neighborhood Corridor (NCor) Zoning The primary value is in the land. Zoned Neighborhood Corridor (NCor), this property offers potential for 70+ units, subject to verification of zoning requirements and development approvals. The level, gravelly site is clear of trees, which may help reduce development costs. Water stubs are on the property, and sewer is nearby. The front street is improved and its main corridor . The property was previously permitted for 52 units, but that permit has expired. According to the information provided, zoning density has since changed to allow potential development of 70+ units. An existing rental house with four bedrooms, 2.5 bathrooms, and a three-car garage, along with a large separate office building, and lot of parking, provides income during the permitting process. A compelling opportunity for developers and builders. Do not disturb the tenants and Showing by appointment only, two days notice required.

Location

State WA

County Pierce

Area 99 - Spanaway

Rooms

Basement None

Main Level Bedrooms 4

Interior

Interior Features Bath Off Primary, Water Heater

Flooring Vinyl, Carpet

Fireplace false

Appliance Dishwasher, Refrigerator, Stove(s)/Range(s)

Exterior

Exterior Feature Wood, Wood Products

Amenities Available Cable TV, Dog Run, Fenced-Partially, Patio, RV Parking

View Y/N No

Roof Type Composition

Garage Yes

Building

Lot Description Open Space, Value In Land

Story One

Sewer Available, Septic Tank

Water Individual Well

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Cedarcrest Jnr High

High Schools Spanaway Lake High

School District Bethel

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)

Schools and Properties Nearby

Michael Capobianco
Michael Capobianco

Broker Associate License ID: 138588

+1(360) 900-8414 | soldbycapo@gmail.com

Learn More About LPT Realty

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2514 176th ST E