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Full-Gut Fire Rehab - Tacoma Opportunity

1106 Tule Lake Rd S, Tacoma, WA, 98444
Deal Overview

Asking Price

$159,997

After Repair Value

$550,000

Rehab Cost

Unknown

Spread (before rehab)

$390,003

Property Details

Bedrooms

3

Bathrooms

3

Sq Ft

1,914

Year Built

1978

Property Type

Single Family

Condition

Gut Rehab

Lot Size

7,500 Square Feet

Distress Indicators
Fire DamageDeferred Maintenance
Description

Seize a challenging but rewarding opportunity in South Tacoma with this full-gut fire rehab property. Offered at a price point that makes sense for an extensive project, this home has a solid footprint and appealing curb appeal within a neighborhood that supports significant investment. The 1978 split-level, featuring 3 bedrooms and 3 bathrooms across 1,914 sq ft on a 7,500 sq ft fully fenced lot, suffered a significant fire and requires a full gut renovation, including a new roof. While extensive work is needed, the property is more salvageable than its initial appearance suggests. This is an ideal project for an experienced investor or contractor ready to undertake a comprehensive renovation, starting from the studs. The potential for an incredible transformation is evident, offering a strategic investment for those who can see past the current damage. Cash or hard money is required to close promptly. Buyer to independently verify square footage, lot size, and year built.

Property Info

No additional property info provided

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Full-Gut Fire Rehab - Tacoma Opportunity | Go Deal Pro