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Tacoma Fix-and-Flip — $275K / $490K ARV

1621 S Hosmer St, Tacoma, WA, 98405
Deal Overview

Asking Price

$275,000

After Repair Value

$490,000

Rehab Cost

$90,000

Potential Profit

$125,000

Property Details

Bedrooms

3

Bathrooms

2

Sq Ft

1,716

Year Built

1950

Property Type

Single Family

Condition

Needs Work

Lot Size

7,150 Square Feet

Description

Discover a promising fix-and-flip opportunity located in the Hilltop neighborhood, in the heart of Tacoma. This 3-bedroom, 2-bathroom home spans 1,716 square feet and includes an attached single-car garage. The property is explicitly marketed as needing a remodel, indicating a significant renovation project is required. This offering is suited for investors seeking a value-add project in a desirable urban setting. A comprehensive remodel will allow for capitalization on the potential for a strong after-repair value. Buyer to independently verify ARV, square footage, and lot size.

Supporting Documents2

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Property Info

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