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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

801 Veneta AVE Bremerton, WA 98337

7 Beds

7 Baths

4,752 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,752 sqft

Price per Sqft $199

Subdivision West Bremerton

MLS Listing ID 2425552

Style 55 - 5-9 Units

Bedrooms 7

Year Built 1912

Annual Tax Amount $6,631

Lot Size 8,276 Sqft

Property Sub-Type Multi Family

Property Description

6-plex features one unit with 0 bedroom and 1 bathroom, four units with 1 bedroom and 1 bathroom, and one unit with 3 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 18% to meet current market rents. Current Cap Rate of 6.75% would be raised to 8.56%! 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, Laminate, 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 Corner Lot, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

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.