214 N lyle ST Pending

Roy,WA 98580

$ 475000

10 Beds

5.2 Baths

4970 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 4,970 sqft

Price per Sqft $95

Subdivision Roy

MLS Listing ID 2321420

Style 54 - 4-Plex

Bedrooms 10

Year Built 1930

Annual Tax Amount $7,500

Lot Size 1.322 Acres

Property Description

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.

Location

State WA

County Pierce

Area 119 - Roy/Mckenna

Interior

Flooring See Remarks

Exterior

Exterior Feature Wood,Wood Products

Amenities Available Deck,Outbuildings,RV Parking

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Corner Lot,Dead End Street,Paved,Secluded

Sewer Septic Tank

Water Public

New Construction Yes

Schools

Elementary Schools Roy Elem

Middle Schools Cougar Mountain Jh

High Schools Bethel High

School District Bethel

Others

Acceptable Financing Cash Out,Rehab Loan

Listing Terms Cash Out,Rehab Loan

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