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OTM: Well... You Want Cheap?

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Here’s a home that appeared on the market yesterday that won’t last… or maybe it will. What do you get? 672 square feet of 1 bedroom home on an 871 square foot lot. But the best part… it’s just a few blocks from the Sixth Avenue Business District and all its bounty of goodness. Sure, the home is being marketed AS IS with the potential to be a teardown… but, at this price it just might be your perfect little project.

Listed with Parkside Realty for $75k

(Thank you, Jamie)

Link | Posted on 27. March 2008, 08:55

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The picture doesn’t do this place justice. It’s actually quite cute from the outside, IMHO. And not much lawn to take care of! (Who knows what “charm” the inside might hold, though…)

1 | Posted by jamie from thriceallamerican | Mar 27, 11:30 AM

Wow that’s cheap! That would be a fantastic steal assuming it didn’t turn out to be a money pit (which is probably why it’s priced the way it is).

2 | Posted by Nick | Mar 27, 11:59 AM

Most lots in Tac go for at least that. It’s over 600sq ft so it’s financiable even. Best deal in town imo. Money pit? Nah.

3 | Posted by EDC | Mar 27, 12:24 PM

Pierce County records show that it’s currently under Fannie Mae ownership, so someone must have defaulted. For some reason the records don’t show earlier sales (too old, I guess) but Zillow reveals the last sale was in 1995 for a whopping $19k.

4 | Posted by jamie from thriceallamerican | Mar 27, 12:48 PM

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