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Listing courtesy of Brown Real Estate Group LLC

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MLS# 1766937
Built 1917
0.21 acres
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    Description:   7.3 cap rate?!? Are you kidding?!? Not one but TWO cute homes on 1 lot oozing old world charm! Main home (1512) is a 954 sf Craftsman bungalow extensively remodeled: new roof, windows, paint, flooring, water tank, SS appliances, lighting, bath, & kitchen fixtures! Charming covered front porch, glass doorknobs & vintage doorplates, pleasant mountain/territorial view. 2nd home (1510) is 448 sf also with new roof & fully fenced yard (tenant would love to stay but is WAY under market!) Great location, friendly neighbors, walking distance to local schools & Olympic College. Off-street parking for 5-6 cars. Inventory remains low, especially in this condition with so much style and charm so don't wait, this opportunity is sure to go quickly!


    Approx. Sq Ft: 1,402 ft²
    Energy Source: Electric, Natural Gas
    Heating and Cooling: Baseboard, Forced Air
    Floor Covering: Laminate Hardwood, Laminate Tile, Vinyl, Wall to Wall Carpet


    Water Company: City of Bremerton
    Sewer: Sewer Connected


    City: Bremerton
    State: WA
    Zip Code: 98312
    Area: 148
    County: Kitsap
    School District: Bremerton #100c
    Latitude: 47.57495000
    Longitude: -122.64613400


    Year Built: 1917
    Roof: Composition
    Exterior: Cement/Concrete
    Number of Units in Building: 2


    School District: Bremerton #100c


    View: Mountain, Territorial
    Lot Details: Paved Street
    Lot Sq Ft: 9,148 ft²
    Number of Stories in Building: 1


    Community Name: West Bremerton
    Site Features: Cable TV, Fenced-Partially


    Terms: Cash Out, Conventional, FHA, VA

    Finance & Taxes

    Homeowner Dues (monthly): None
    Tax Expense: $2,694
    Insurance Expenses: 806
    Electrical Expenses: 0
    Heating Expenses: 0
    Other Expenses: 1920
    Total Expenses: 5420
    Tax Year: 2021
    Gross Scheduled Income: 29400
    Vacancy Rate: 2
    Gross Adjusted Income: 28812
    Total Expenses: 5420
    Net Operating Costs: 23391
    Gross Rent Multiplier: 11
    Total Monthly Income: 2450

    Unit 1

    Description Unit 1: 1510
    Sq Ft Unit 1: 448 ft²
    Bedrooms Unit 1: 1
    Bathrooms Unit 1: 1.00
    Range/Oven Unit 1: Y
    Refrigerator Unit 1: Y
    Dishwasher Unit 1: N
    Washer/Dryer Unit 1: N
    Fireplaces Unit 1: 0
    Rent Unit 1: $450

    Unit 2

    Description Unit 2: 1512
    Sq Ft Unit 2: 954 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: $2,000

    Unit 3

    Sq Ft Unit 3: 0 ft²
    Bedrooms Unit 3: 0
    Bathrooms Unit 3: 0.00
    Fireplaces Unit 3: 0
    Rent Unit 3: None

    Unit 4

    Sq Ft Unit 4: 0 ft²
    Bedrooms Unit 4: 0
    Bathrooms Unit 4: 0.00
    Fireplaces Unit 4: 0
    Rent Unit 4: None

    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 Brown Real Estate Group LLC.
    Disclaimer: The information contained in this listing has not been verified by and should be verified by the buyer.