Listing courtesy of G Anderson Group LLC 360-373-2343
$833,000
This property is a passive income lover's dream. Three residential Tenants make up the top floor and three commercial Tenants make up the bottom. Renegotiations can be discussed regarding potential longer-Term leases for the commercial Tenants and the residential Tenants consist of your typical 12 month Terms. Additionally, a new… Read More owner would receive income from 6 parking stalls at the rear of the property. Yearly expenses are kept low, which helps yield a current CAP rate of 7%. With all of the improvements coming to downtown Port Orchard over the next 5 years, a new owner would have the ability to receive the income from a fully leased out, prime location property, while potentially achieving mid to high levels of appreciation. Read Less
Listing Snapshot
Cumulative Days On Market
46
Last Updated
Property Type
Commercial Industrial
Lot Size
0.22 Acres
Year Built
1900
MLS Number
NWM2322533
Days online/new listing status Based on first download from the MLS.
30 Days Snapshot Of 98366
$
-2%
(avg) list price
43
-8%
homes for sale
73
+32%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 0, Building Area Units: Square Feet, Building Features: "Storage", Calculated Square Footage: 0, Construction Methods: Standard Frame, Elevation Units: Feet, Living Area: 0, Structure Type: "Unspecified", Year Built: 1900, Year Built Effective: 1900
Expenses
Other Expense: 7659
Exterior Features
Exterior Features: "Wood"
Fireplaces
Fireplaces Total: 0
Floors
Flooring: "Hardwood"
Foundation
Foundation Details: "Post & Pillar"
Water Features
Water Front Features: "Sound"
Home Owner's Association
Association Fee Frequency: Not Applicable, Association Fee: $0
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listings last updated on .
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