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5210 S State Street, Tacoma
$699,000
37 Beds ⋅ 2 Baths ⋅ 2579379 MLS ⋅ ACTIVE Status
A rare Tacoma redevelopment opportunity with enormous potential. This historic property offers an expansive nearly 3/4 acre lot with a 37 unit configuration, creating an exceptional canvas for an investor, developer, or visionary buyer. Currently vacant and in need of a complete renovation, this property is ready for someone to bring imagination, creativity and strategic vision to its next chapter. Listed on the Historic Register, the property offers distinctive character and architectural significance alongside incredible development potential. A conditional use permit will be required. Conveniently located near the Tacoma Mall, major freeways, restaurants, shopping, and everyday amenities, the location offers both accessibility and strong surrounding infrastructure. The combination of scale, location, historic character makes this a truly uncommon opportunity.

5210 S State Street, Tacoma

Listing Broker: Windermere Prof Partners; Ashley L Mills; 425-221-1919; ashleymills@windermere.com

1637 CENTER Street, Tacoma
$650,000
1 Beds ⋅ 1 Baths ⋅ 2370493 MLS ⋅ ACTIVE Status
SELLER WANTS AN OFFER..... ANY OFFER AND HE WILL CONSIDER SELLING... OFFERED AS IS...... ALL CASH.... SELLER WANTS THIS SOLD. This property is 3 different lots. There is a tri-plex with 3 rental units, with rents of $4625 per mo. There is a home behind the tri-plex which rents for $1750 per mo. and another home behind that home that rents for $1950. in addition, there is a vacant lotto the East that is approx. 100 ft. and 40 feet in Center Street. There is a gross scheduled rental income of $99,900 at current rents which are low. The expenses of taxes @ $4260, sewer is $12,000 per year, and insurance of $3461. Tenant pays for their own water and electrical. Property is currently managed for the absentee owner. if you manage yourself, it can be a great investment with good cash flow. (9% cap rate at present.) Seller wants this property SOLD TODAY. BRING AN OFFER AND SELLER WILL ACCEPT A CASH OFFER AS IS..... He will not do any work. YOUR ELBOW GREASE WILL MAKE THIS A CHARM.

1637 CENTER Street, Tacoma

Listing Broker: Windermere Prof Partners; Rob Mitchell; 253-381-1567; RobMitchell@Windermere.com

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