Great investment opportunity. High rental demand due to proximity to JBLM! Plenty of parking, large spacious 1.3 ac lot, building on the hill under remodeling with plans for 4 units, 10 beds and 5.5 baths and access from both street. Buyer will need to have the permit reinstated with the city that is eager to see this remodeling completed. A new 10-bedroom septic is needed. See unit descriptions for details. Financial are pro-format estimated expenses and Pierce County Housing Authority rents approved for units of this size. Sold AS-IS. Short Sale, needs lender approval. Remodeling status is Rough framing of new floorplan complete, plumbing and electrical started. Floorplan is in the construction permit in the supplements.
PRE-FORECLOSURE
This listing may be a pre-foreclosure or short sale.
|
DAYS ON MARKET
|
3
|
LAST UPDATED
|
1/13/2025
|
|
TRACT
|
Roy
|
YEAR BUILT
|
1930
|
|
COMMUNITY
|
Roy
|
COUNTY
|
Pierce
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
| Elementary School |
Roy Elem |
| Jr. High School |
Cougar Mountain JH |
| High School |
Bethel High |
| AIR CONDITIONING |
Yes |
| AREA |
119 - Roy/McKenna |
| CONSTRUCTION |
Wood Siding |
| HEAT |
Electric |
| LOT |
1.3223 acre(s) |
| LOT DESCRIPTION |
Corner Lot, Dead End Street, Paved, Secluded |
| PARKING |
RV Access/Parking |
| SEWER |
Septic Tank |
| STORIES |
2 |
| STYLE |
54 - 4-Plex |
| SUBDIVISION |
Roy |
| TAXES |
7500 |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Territorial |
| WATER |
Public |
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