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Listing provided by NWMLS, courtesy of Windermere RE West Sound Inc.

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Pending
$699,000
/mo   Edit
MLS# 1574102
Multi-Family/Duplex
Built 1984
0.25 acres
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    Description:   Invest in the growing town of Port Orchard with this well maintained fourplex! Property has solid rental history with low vacancy rate. Identical layouts with 2 bedrooms, and 1 full bath. Two reserved parking spots for tenants' convenience. Easily access Highway 16, ferries, bases and shopping!

    Interior

    Approx. Sq Ft: 3,440 ft²
    Energy Source: Electric
    Heating and Cooling: Wall
    Floor Covering: Laminate Hardwood, Wall to Wall Carpet

    Utilities

    Sewer: Sewer Connected

    Location

    City: Port Orchard
    State: WA
    Zip Code: 98366
    Area: 143
    County: Kitsap
    School District: South Kitsap
    Latitude: 47.51867700
    Longitude: -122.64760900

    Building

    Year Built: 1984
    Roof: Composition
    Exterior: No
    Number of Units in Building: 4

    School

    School District: South Kitsap
    Junior High: Buyer To Verify
    Elementary School: Buyer To Verify
    Senior High: Buyer To Verify

    Lot

    View: No
    Lot Sq Ft: 10,890 ft²
    Number of Stories in Building: 2

    Site

    Community Name: Port Orchard

    Rent

    Terms: Cash Out, Conventional

    Finance & Taxes

    Homeowner Dues (monthly): None
    Tax Expense: $4,553
    Insurance Expenses: 1200
    Electrical Expenses: 204
    Heating Expenses: 0
    Other Expenses: 7044
    Total Expenses: 19901
    Tax Year: 2019
    Gross Scheduled Income: 53400
    Vacancy Rate: 2
    Gross Adjusted Income: 52332
    Total Expenses: 19901
    Net Operating Costs: 32431
    Gross Rent Multiplier: 13
    Total Monthly Income: 4450

    Unit 1

    Description Unit 1: 207
    Sq Ft Unit 1: 850 ft²
    Bedrooms Unit 1: 2
    Bathrooms Unit 1: 1.00
    Range/Oven Unit 1: Y
    Refrigerator Unit 1: Y
    Dishwasher Unit 1: Y
    Washer/Dryer Unit 1: Y
    Fireplaces Unit 1: 0
    Rent Unit 1: $1,100

    Unit 2

    Description Unit 2: 107
    Sq Ft Unit 2: 850 ft²
    Bedrooms Unit 2: 2
    Bathrooms Unit 2: 1.00
    Range/Oven Unit 2: Y
    Refrigerator Unit 2: Y
    Dishwasher Unit 2: Y
    Washer/Dryer Unit 2: Y
    Fireplaces Unit 2: 0
    Rent Unit 2: $1,100

    Unit 3

    Description Unit 3: 205
    Sq Ft Unit 3: 850 ft²
    Bedrooms Unit 3: 2
    Bathrooms Unit 3: 1.00
    Range/Oven Unit 3: Y
    Refrigerator Unit 3: Y
    Dishwasher Unit 3: Y
    Washer/Dryer Unit 3: Y
    Fireplaces Unit 3: 0
    Rent Unit 3: $1,100

    Unit 4

    Description Unit 4: 105
    Sq Ft Unit 4: 850 ft²
    Bedrooms Unit 4: 2
    Bathrooms Unit 4: 1.00
    Range/Oven Unit 4: Y
    Refrigerator Unit 4: Y
    Dishwasher Unit 4: Y
    Washer/Dryer Unit 4: Y
    Fireplaces Unit 4: 0
    Rent Unit 4: $1,150

    Unit 5

    Sq Ft Unit 5: 0 ft²
    Bedrooms Unit 5: 0
    Bathrooms Unit 5: 0.00
    Fireplaces Unit 5: 0
    Rent Unit 5: None

    Unit 6

    Sq Ft Unit 6: 0 ft²
    Bedrooms Unit 6: 0
    Bathrooms Unit 6: 0.00
    Fireplaces Unit 6: 0
    Rent Unit 6: None

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    Listing provided by NWMLS, courtesy of Windermere RE West Sound Inc.