MLS #2425552 / Listing provided by NWMLS .
$949,900
801 Veneta Avenue
Bremerton,
WA
98337
Sq Ft
Per Sq Ft
Year Built
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. NO NOT DISTURB TENANTS!
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
- Possible Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Parking Total: 0
- Uncovered Parking Spaces: 0
- Open Parking Spaces: 0
Structure
- Roof: Composition
- Exterior Features: Wood
- Foundation: Poured Concrete
Lot Details
- Lot Features: Corner Lot, Curbs, Paved, Sidewalk
- Acres: 0.19
- Foundation: Poured Concrete
Schools
- High School District: Bremerton #100c
Lot Details
- Lot Features: Corner Lot, Curbs, Paved, Sidewalk
- Acres: 0.19
- Foundation: Poured Concrete
Power
- Energy Source: Electric, Natural Gas
- Power Company: Puget Sound Energy
Water, Sewer, and Garbage
- Sewer Company: City of Bremerton
- Sewer: Sewer Connected
- Water Company: City of Bremerton
- Water Source: Public
- Water, Sewer, and Garbage: 16800

Christi Young
Broker | REALTOR®
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