RANT: 39 Condos under $100,000 in Tacoma!?

Right now there are 39 condos for sale in the City of Tacoma with listed prices of $100,000 or less.  From Downtown Tacoma Lofts for $60,000 to 3 bedroom townhouses in North Tacoma for $50,000, there’s something here for everyone, for much less than many people think.

I hesitate to make a big deal about this, I understand that when Real Estate Agents make a big deal about the market no one really listens anymore- but I’m telling you- THESE PRICES ARE AMAZING.  Don’t take my word for it, take a look for yourself.

Whether you’re looking for an inexpensive and low maintenance first home or an investment property, some of the units are once and a lifetime good deals.  Non-owner occupying investors typically need to make a downpayment of 25% to finance an investment property.  In a healthy market, few people can afford that, but for a $50,000 condo that is only $12,500.  At today’s insanely low interest rates, you can expect to make money each month from a rental like that even after property taxes, condo dues, and management fees.

Anyways, like I said, I know I sound like a total Realtor, but oh my gosh. CHEAP CONDOS, people!  Let me know if you want one.

 

Comments

  1. wrote on August 29th, 2011 at 12:59 pm

    Tom Hume

    Excellent post. It is stunning to see these on the market and not already sold.

  2. wrote on April 3rd, 2012 at 2:19 pm

    emmanuel

    Hi can you please email me a list of those condos if you have time. Thank you

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