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1134 Fawcett Avenue in Tacoma

Listing has been bookmarked.
Listing ID:2491440 (Commercial)
Listing Price:$899,950
Days on Market:59

Details

Lot Size:0.21 acre (9,120 sqft)

Great investment opportunity in Tacoma’s Downtown Business District. The property includes a 4-plex apartment building and 46 self-storage units. The apartments are consistently easy to rent with very low vacancy, and Unit #1 was remodeled within the last year. Renovate the remaining units to further increase rents and lease up the storage units for additional income, or explore redevelopment options. The site also offers potential for a mixed-use project with commercial space on the ground floor and apartments or condos above, providing strong upside potential. Owner financing available with 25% down, creating a flexible path for investors looking to secure a well-located income property. Endless possibilities in this well-priced commercial location.


NWMLS

This listing is provided courtesy of NWMLS, contributed by RE/MAX Sound Properties.



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