2505 Erlands Road NW Unit #3, Bremerton, WA 98312
- $524,900
- 2,146
- SqFt
Listing courtesy of Old Towne Realty. Selling Office: Ison Realty.
- Sold Price
- $524,900
- List Price
- $524,900
- Status
- SOLD
- MLS#
- 1937900
- Closing Date
- Oct 06, 2023
- Days on Market
- 421
- Style
- 53 - Tri-plex
- Building Condition
- Good
- Finished SqFt
- 2,146
- Area Total SqFt
- 2146
- Annual Tax Ammount
- 3328
- Lot Size (sq ft)
- 7,841
- Sewer
- Septic Tank
Property Description
Back on Market due to Buyer not performing. Unique centrally located 3 units in desirable Erland Point Community. Duplex & a vacant REMODELED single wide 3 bed, 2 bath Mobile. Two parcels, Two addresses. EZ to rent. Mobile has new flooring, cabinets, counters, appliances, paint, doors/locks, bath fixtures, Energy Star windows, LED lights, new blinds, plugs/switches and ceiling panels. 2507 has new "Life Proof" flooring and modest remodel. Duplex units have dbl pane vinyl windows. Front duplex unit has had the same tenant for 7+ years. Rear duplex is 2 bed. Cash out Duplex and owner will consider holding a note/DOT on mobile, OAC. Two Septic systems with unconventional drain field. Buyer should verify. All units are rented.
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Additional Information
- List Date
- 2022-08-11 00:00:00
- Community
- Erlands Point
- Net Operating Income
- $45,769
- Gross Adjusted Income
- $51,391
- Gross Scheduled Income
- $51,600
- Total Monthly Income
- $4,300
- Insurance Expenses
- $738
- Water/Sewer/Garbage Expenses
- $720
- Gross Rent Multiplier
- 10
- Total Expenses
- $5,622
- Cap Rate
- 8.8
- Vacancy Rate
- 3
- Total Number of Units
- 3
- Unit Name
- 2505
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1944
- Roof
- Composition, Metal
- Site Features
- Cable TV, Deck, Fenced-Partially, Outbuildings
- Electric Expenses
- 408
- Other Expenses
- 428
- Energy Source
- Electric
- School District
- Bremerton #100c
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $4,300
- Gross Scheduled Income
- $51,600
- Vacancy Rate
- 3
- Gross Adjusted Income
- $51,391
- Tax Year
- 2022
- Insurance Expense
- $738
- W/S/G Expenses
- $720
- Total Expenses
- $5,622
- Net Operating Income
- $45,769
- Gross Rent Multiplier
- 10
- Cap Rate
- 8.8
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.