Bremerton, WA 98337,801 Veneta AVE
Bremerton, WA 98337,801 Veneta AVE
Bremerton, WA 98337,801 Veneta AVE
Bremerton, WA 98337,801 Veneta AVE
Bremerton, WA 98337,801 Veneta AVE
Bremerton, WA 98337,801 Veneta AVE
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Listed by Lumin Brokers of Washington
$ 949,900
Est. payment | /mo

7 Beds

7 Baths

4,752 SqFt


Save
$ 949,900
Est. payment | /mo
Save

7 Beds

7 Baths

4,752 SqFt

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

Northwest MLS (NWMLS)

GET MORE INFORMATION

Kathy Schneider
Kathy Schneider

Client Consultant REALTOR® | Lic# 37041

+1(360) 360-5499

4801 S 19th St. Ste 200, Tacoma, WA, 98405, USA

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801 Veneta AVE