




2135 4th Street, Bremerton, WA, 98312
4beds
7baths
2,812sqft
$874,900
$311price/sqft
$5,453/moest. monthly cost
$218,120/yrincome needed
About This Home
7-plex features four units with 0 bedroom and 1 bathroom, two units with 1 bedroom and 1 bathroom, and one unit with 2 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 15% to meet current market rents. Current Cap Rate of 7.51% would be raised to 9.15%! Opportunity to renovate and increase rent even more in the future. DSCR loans available. DO NOT DISTURB TENANTS!
Getting Around
86
33
60
Schools
3/10
2/10
4/10
Construction
Condition
- Property condition: Good
- Year built: 1932
Materials
- Foundation: Poured Concrete
- Roof: Composition
- Construction materials: Wood Siding
Notable Dates
- Major remodel year: 1932
Type & Style
- Home type: MultiFamily
- Architectural style: 5-9 Units
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 7
Features
- Flooring: Ceramic Tile,Carpet
Heating & Cooling
- Heating features: Baseboard,Electric,Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 2,812
- Total interior livable area: 2,812 sqft
Property
Details
- Parcel number: 14240130192004
- Zoning description: Multi-Family,Jurisdiction: City
- Special condition: Standard
Features
- Has view: Yes
- View description: Territorial
Lot
- Lot size: 0.25 Acres
- Features: Paved,Cable TV,High Speed Internet
Parking
- Total spaces: 7
- Parking features: Open
- Has uncovered spaces: Yes
- Uncovered spaces: 7
