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Tumwater,WA 98512
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Tumwater
MLS Listing ID 2418512
Style 41 - Res-Over 1 Acre
Annual Tax Amount $5,353
Lot Size 2.916 Acres
Property Sub-Type Land
Property Description
Great multifamily zoned property in the city of Tumwater! 3 Acres. Minutes to I-5 an walking distance to a large and an ever expanding retail center. Quality and sought after area. Zoned Multifamily High Density Residential (MFH) which allows 14 to 29 units per acre. Quality apartment complexes neighboring to the south and a few blocks to the north so the subject property is in a gap and is next in line to be developed. City water and power are on the property and sewer is in the street. There are income producing manufactured homes, RV slips & a shop on the property that will provide cash flow while developing the property. It is hard to find properties w/ this potential along the I-5 corridor that are only minutes from the freeway.
Location
State WA
County Thurston
Area 443 - Tumwater
Exterior
Utilities Available Electricity Connected,Natural Gas Available
View Y/N No
Building
Lot Description Open Space,Paved
Sewer In Street
Water Available,In Street,On Property
Schools
Elementary Schools Michael T Simmons El
Middle Schools Tumwater Mid
High Schools A G West Black Hills
School District Tumwater
Others
Acceptable Financing Cash Out
Listing Terms Cash Out