North End Tacoma Flip or Buy & Hold - 19% ROI - $154,000 in Profit!!

Pierce County, Tacoma, WA, 98407
Sold
Listed at: August 29th, 2022
Price
$499,990
ARV
$800,000
Gross Margin
$300,010
Sq. Footage
2450
Type
Attached
Parking
Assigned
Year build
1938
Lot size
4020.00 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

3013 N Mason Avenue, Tacoma, WA 98407

Vacant

Purchase price: $499,900

estimated rehab: $100k

ARV: $800k

EMD: $15k


WE OWN THIS PROPERTY, AND IT IS CURRENTLY LISTED.


Link to more photos: https://drive.google.com/drive/folders/1-Xb0c54kmUDXqeRfOiQnKuMiqBu04Kpa?usp=sharing


3 bedroom/2 bathroom

2050 square feet

450 square feet unfinished

seller pays own excise tax

buyer and seller pay own closing


ROI using Cash: 19%

ROI using Hard money: 25%


Comp: 3188 N Cheyenne St Tacoma WA 98407 ($774,950)

Comp: 4616 N 26th Street, Tacoma WA 98407 ($769,000)



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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