712 Park Ave

    Bremerton, WA 98337
    • $843,748
    • STATUS: Active
    • ON SITE: 35 days
    • ID#: 1277856
    UPDATED: 41 min ago
    $843,748
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,232
      SQFT
    • $161
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1912
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Strategy Real Estate, Inc..

    Description

    Prime Downtown Bremerton location. Walking distance to PSNS, Naval Base Kitsap, Seattle ferry and Olympic College. Great time to be a landlord with low rental inventory. This property boast 2 buildings with 7 rentals, coin laundry and a storage unit with water/sewer/electrical rough-in complete. Well maintained property by long term owner, makes it a great investment. Market rents could increase the cap rate to 7.6%. Located across the street from the new recreation center.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Pickett Street Properties are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-27T11:15:07.67.

    www.pickettstreetproperties.com/homes/82821860

    712 Park Ave Bremerton, WA 98337

    • Price: $843,748
    • Status: Active
    • Updated: 41 min ago
    • ID#: 1277856
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    5,232
    SQFT
    $161
    $/SQFT
    1912
    Built
    Neighborhood:
    West Bremerton
    County:
    Kitsap
    Area:
    West Bremerton
    School District:
    Bremerton #100c
    Property Description
    Prime Downtown Bremerton location. Walking distance to PSNS, Naval Base Kitsap, Seattle ferry and Olympic College. Great time to be a landlord with low rental inventory. This property boast 2 buildings with 7 rentals, coin laundry and a storage unit with water/sewer/electrical rough-in complete. Well maintained property by long term owner, makes it a great investment. Market rents could increase the cap rate to 7.6%. Located across the street from the new recreation center.
    Exterior Features

    Carport Spaces 0 Exterior Wood Garage Spaces 0 Lot Details Paved StreetSidewalk Roof Composition Stories In Building 3 Style 55 - 5-Plex Total Parking Spaces 6 Uncovered Spaces 6 View City

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling Forced AirRadiator Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 467 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 454 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 467 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Dishwasher N Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 467 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 2 Unit5 Dishwasher N Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 876 Unit5 Washer Dryer N Unit6 Bathrooms 1.00 Unit6 Bedrooms 2 Unit6 Dishwasher Y Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 816 Unit6 Washer Dryer N Units Below Grade Y

    Property Features

    Amenities Coin Op LaundryStorage Bank Owned No Cap Rate 6.25 Electrical Expenses 0 Energy Source Natural Gas EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 71795 Gross Rent Multiplier 11 Gross Scheduled Income 73260 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 3733 Leased Items None Net Operating Income 52734 New Construction YN No Other Expenses 3863 Possession Sub. Tenant's Rights Power Company Pse Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company City Of Bremerton Site Features Cable TVGas AvailableHigh Speed Internet Tax Amount 4836 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 19061 Total Expenses TEX 19061 Total Monthly Income 6105 Unit1 Monthly Rent 0 Unit2 Monthly Rent 0 Unit3 Monthly Rent 0 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 2 Water Company City Of Bremerton Water Sewer Garbage 6628 Water Source Public

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Pickett Street Properties and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Pickett Street Properties are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-27T11:15:07.67.

     
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    Listing Courtesy of Strategy Real Estate, Inc..