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Wholesale: North Tacoma Fixer

September 24, 2015 By Seattle Investors Club 1 Comment

Seattle Investors Club Investment Deal brought to you by Gena Horiatis of Victory Ventures, Inc.

Contact Gena Horiatis for showings – 425-985-5339 – ghoriatis@live.com

Real Estate Details:

Address:
North Tacoma fixer3119 N Huson St
Tacoma, WA 98407

Beds: 5
Baths: 2
Sq/Ft: 2,280
Price: $244,000
Estimated Rehab Cost: $35,000
Estimated After Rehab Value: $355,000

COMPS: Comp 1 – Comp 2 – Comp 3

PHOTOS: Click here

Video Walkthrough: Click here

North Tacoma Rehab Summary:
Rehab Estimate $33,000 – $39,000
Rehab Estimate includes: refinishing hardwood floors upstairs ($3000), new kitchen flooring and new carpet downstairs ($3800), interior paint ($4000), update kitchen ($7500), cleanup bathrooms ($1500), furnace ($4000), exterior paint ($6000), roof (if needed, $6000)

North Tacoma Wholesale Summary:
This quality North Tacoma family home is waiting for some TLC! Close to good schools! (Downing Elementary School and Mason Middle School) This great opportunity is under contract for what is owed on the mortgage!
$355,000 – $48,000 closing & holding costs – $35,000 rehab = 272,000 – $246,000 = $26,000 profit

Rent Zestimate – $1,600
Median Rent – $1,700
Average Rent – $1,808

Additional info:
– Earnest money: $1000
– Closing: 10/20/15

For Showings Contact:
Gena Horiatis
425-985-5339
ghoriatis@live.com

DISCLAIMER: Buyers may not rely on this information and must do their own review of all the numbers and information in regards to this property.

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Comments

  1. Lynne Helm says

    September 24, 2015 at 8:46 pm

    We plan on driving the area tomorrow evening and checking the comps.
    Looks interesting.

    Reply

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