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Nathan Sisson

n.r.sisson@gmail.com +1(715) 207-9610

Listed by Lumin Brokers of Washington

$ 949,900

Est. payment -/mo

Save

Active

2135 4th ST Bremerton, WA 98312

4 Beds

7 Baths

2,812 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,812 sqft

Price per Sqft $337

Subdivision West Bremerton

MLS Listing ID 2425557

Style 55 - 5-9 Units

Bedrooms 4

Year Built 1932

Annual Tax Amount $5,138

Lot Size 10,890 Sqft

Property Sub-Type Multi Family

Property Description

7-plex features four units with 0 bedroom and 1 bathroom, two units with 1 bedroom and 1 bathroom, and one unit with 2 bedrooms and 2 bathrooms. Current long-term tenants are on month-to-month lease. This investment offers a unique opportunity to add value without any updates to the building or units. The rents are significantly below market and can be increased by an average of 15% to meet current market rents. Current Cap Rate of 6.92% would be raised to 8.43%! Opportunity to renovate and increase rent even more in the future. DSCR loans available. DO NOT DISTURB TENANTS!

Location

State WA

County Kitsap

Area 148 - West Bremerton

Interior

Flooring Ceramic Tile, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Cable TV, High Speed Internet

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Paved

Sewer Sewer Connected

New Construction No

Schools

School District Bremerton #100C

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, See Remarks

Listing Terms Cash Out, Conventional, See Remarks

"Three Trees" icon indicates a listing provided courtesy of NWMLS.