Bought with Pellego, Inc.
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Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Tacoma
MLS Listing ID 1782892
Sold Date 10/04/21
Style 56 - 10+ Units
Year Built 1914
Annual Tax Amount $4,832
Lot Size 0.732 Acres
Property Sub-Type Multi-Family
Property Description
FIRE SALE!!! GREAT POTENTIAL FOR MULTI-FAMILY, OFFICES, GROUP HOME, ASSISTED LIVING AND MORE! Sellers are liquidating some of their asset portfolio, with enormous price reduction from previous listing. Building has been designated as an Historic Building, which opens up many uses with Conditional Use Permit. 50 Bedrooms, 11 Baths, 2 Kitchens, 24,000 sq. ft, with 3 levels and basement. Large 3/4 Acre lot. Vacant property needs extensive renovations and is being sold AS-IS. Enormous potential for future cash flow once renovated/stabilized.
Location
State WA
County Pierce
Area 48 - South Tacoma
Interior
Fireplace false
Exterior
Exterior Feature Brick, Wood
Utilities Available Sewer Connected, Electric
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
New Construction No
Schools
School District Tacoma
Others
Senior Community No
Acceptable Financing Cash Out, See Remarks
Listing Terms Cash Out, See Remarks
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