Active
  • Listed by: 

    Rich Kim,

    Lumin Brokers of Washington

    $949,900

    801 Veneta Avenue, Bremerton, WA 98337

    7beds
    7baths
    4,752sqft
    : 
    Multi Family
    Built in 1912
    -- sqft lot
    $922,500 Zestimate®
    $200/sqft
    $-- HOA

    What's special

    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!
    40 days
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    333
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    6
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