4312 S Lawrence Street Tacoma, WA 98409

This 9,750 square foot lot has been approved to develop a three story, walk up style 12 unit multifamily building. Plans have been submitted to the City of Tacoma for their second review. Building permits will be available by closing (roughly 45-60 days). Existing home on the lot is vacant and scheduled for demolition. The property has been approved for a 12 year Multifamily Tax Exemption. Proposed square footage is 9,725 with 10, two bedroom units averaging 780 square feet and 2, one bedroom units averaging 704 square feet. Excellent location with bus stops, shopping and freeways via 38th Street near by.