🏡Rare Sub2 Opp in Tacoma🏡

Tacoma, WA, 98408 view full address
For Sale
Listed at: October 10th, 2024
Price
$375,000
ARV
$395,000
Gross Margin
$20,000
Sq. Footage
828
Type
Single-Family
Parking
Detached Garage
Year build
1907
Lot size
0.12 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

💎Investor Alert! Off Market SFH In Tacoma withAssumable Loan From the Good Ol' Days!

💰YOUR OPPORTUNITY TO ACCESS CHEAP CAPITAL!💵

  Cash or hard money only

Assignable contract. There is a legally binding contract with the seller in place. A memorandum has been filed with the county of Whatcom to protect our interest. Do not contact the seller or attempt any renegotiation or Legal action will be taken.

CALL OR TEXT Joel: 425-346-7097

Address:

🏠 7632 S D St, Tacoma, WA 98408

📷Photos: Click Here

💰 Loan Balance: $372,265.27 @ 5.125% APR

🏦 EDM: $10,000 non-refundable
🔨 Rehab cost: $10,000
📆 Closing Date: On or before October 18, 2024

 

📚 “Subject-to” Terms :

  • Buyer and Seller agree that the purchase of the subject property is subject to the existing
    mortgage, with the Buyer making ongoing payments without a formal assumption of the
    loan.
  • Buyer agrees to:
    • Pay the current outstanding mortgage arrears, totaling $12,888.00 at closing.
    • Assume responsibility for ongoing monthly mortgage payments of $2,500.76
      (PITI) until the mortgage is paid in full.
  • Buyer will pay all closing costs including excise tax + Transaction Coordinator
  •  Buyer will pay $10,000 or best offer assignment fee.

📷Photos: Click Here

CALL OR TEXT Joel: 425-425-346-7097

Specs:

2 Bed, 1 Bath + Detached Garage 

848 Square Feet + Detached Garage

Lot Sq Ft: 5,000 (0.114 acres)

Built in 1907

Zoning: R2

Comps:

7408 Fawcett Ave (0.19 miles) - Sold May 24 - $375k

6716 S D St - 0.61 mi away - Sold Sep 24 - $408k

305 S 76th st - 0.11 mi away - Pending $380k

803 E B St - 0.47 mi away - Active $425k

 

This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Will

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Disposition manager