4970 sqft | 1.32 acres | #2321420
Description
Great investment opportunity. High rental demand due to proximity to JBLM! Plenty of parking, large spacious 1.3 ac lot, building on the hill under remodeling with plans for 4 units, 10 beds and 5.5 baths and access from both street. Buyer will need to have the permit reinstated with the city that is eager to see this remodeling completed. A new 10-bedroom septic is needed. See unit descriptions for details. Financial are pro-format estimated expenses and Pierce County Housing Authority rents approved for units of this size. Sold AS-IS. Short Sale, needs lender approval. Remodeling status is Rough framing of new floorplan complete, plumbing and electrical started. Floorplan is in the construction permit in the supplements.
Property Details
- Lot DescriptionCorner Lot, Dead End Street, Paved, Secluded
- Exterior FeaturesDeck, Outbuildings, RV Parking
- FoundationPoured Concrete, Slab
- Exterior MaterialsWood, Wood Products
- Middle SchoolCougar Mountain JH
- Property ConditionUnder Construction
- Date ListedJanuary 13, 2025
- Property TypeMulti-Family
- Property SubtypeMulti-Family
- ViewTerritorial
- Style54 - 4-Plex
- Sewer InformationSeptic Tank
- High SchoolBethel High
- Structure TypeQuadruplex
- Elementary SchoolRoy Elem
- Original List Price$475,000
- MLS #2321420
- MLS #2321420
- Acres1.3223
- Utility SourcePublic
- School DistrictBethel
- CountyPierce
- Taxes Annual$7,500
- Cost475000
- Square Feet4970
- Year Built1930
- SubdivisionRoy
- Stories2
- Days on Market (Cumulative)1
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-01-14 02:43:09. 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.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Michel Charbonnier (#NWM133155)
Listing Office: Best Choice Realty LLC (#NWM2735)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
