Cosmetic Remodel Opportunity - 2634 N Bennett St, Tacoma 98407

[Isaac Schaefer]

North End Rambler, with primarily cosmetic repairs needed. 

Positives:

- Metal roof, 

- New carpet in bedrooms, 

- LARGE two car garage, 

- Fully paved, concrete stamped backyard, 

- Majority of work needed is cosmetic, 

Negatives: 

- Federal pacific electrical panel, 

- Pergo flooring in laundry room and kitchen needs to be replaced,

- Floor in half bath needing repair (specifically near toilet),

- Lingering smoke smell, 

- Dry rot where downspout is missing, 

- Crawl space not 100% accessible, 

I have had this property listed on the NWMLS for quite some time, but I am afraid I am not getting it to the right demographic; hence posting it on BiggerPockets. This home has good bones, but due to it's condition, the majority of MLS buyers are not interested.

Comps support an ARV of $400,000 on the very low, and $460,000 on the high. Likely in the $425,000 range depending on renovation quality.

Rents in the area indicate that this property could rent for $1800 on the low, and $2300 on the high (again, depending on renovations). 

Pre-Inspection completed by licensed and bonded inspector. Let me know if you would like a copy of the inspection report, and I will send it to you. 

Vacant - I can show you the home anytime!

Isaac Schaefer

Realty One Group Turn Key

[email protected]

253-208-7297 (call or text)