2 Bed / 1 Bath | 785 Sq Ft | 7,000 Sq Ft Lot | Built 1943
Here's a great little Tacoma flip that shouldn't take a ton of work to get back on the market! Right off 6th Ave, This 1943 rambler sits on a nice-sized 7,000 sq ft lot, and some of the more expensive infrastructure work has already been taken care of.
The home needs updating, but with only 785 sq ft to work on, this could be a pretty manageable project for an experienced flipper.
What's already been done:
Sewer line relined with reported lifetime warranty
Newer electrical panel (approximately 2–3 years old)
Newer water heater (approximately 2–3 years old)
Previously updated white kitchen cabinetry and double-basin sink
Separate exterior entrance to basement/cellar storage area
Original hard wood flooring
What it needs:
Needs new roof
Possible siding repairs and window replacement
Kitchen modernization
Bathroom refresh
Interior paint throughout
Evaluate older baseboard heating
Landscaping cleanup and general cosmetic finishes
The basement: There's a separate exterior entrance leading to a basement with adequate ceiling height with another 700 square feet, but we're not factoring it into the finished square footage or ARV given the logistical challenges of finishing it and adding it to the total square footage of the house. But it's definitely something that could add value.
The play: Keep the rehab simple, address the roof, modernize the interior and get it back on the market. With the sewer, electrical panel and water heater already handled, there's less infrastructure work to worry about.
Small house, good-sized lot and a manageable renovation. Bring your contractor, walk it and run your numbers!
