522 Farragut Avenue N, Port Orchard, WA 98366
- $400,000
- 2,103
- SqFt
Listing courtesy of Hawkins Poe. Selling Office: Keller Williams West Sound.
- Sold Price
- $400,000
- List Price
- $499,000
- Status
- SOLD
- MLS#
- 2160455
- Closing Date
- Feb 02, 2024
- Days on Market
- 78
- Style
- 52 - Duplex
- Building Condition
- Fixer
- Finished SqFt
- 2,103
- Area Total SqFt
- 2103
- Annual Tax Ammount
- 4173
- Lot Size (sq ft)
- 10,890
- Sewer
- Sewer Connected
Property Description
Rare opportunity to own a charming duplex with views of the sound, mountains and PSNS! Conveniently located close to downtown Port Orchard, restaurants, shops, and foot ferry. Upper unit has a great sunroom with windows that wrap all the way around. 2bed 2bath plus office and lots of storage space even a pie safe! AND garage Current rent $2150. Lower unit is 1bed 1bath and still has a view. Currently rents for $900/month. Don't miss out on this chance to invest in a property that's sure to generate long-term rental income.
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Additional Information
- List Date
- 2023-11-16 00:00:00
- Community
- Annapolis
- Net Operating Income
- $27,502
- Gross Adjusted Income
- $27,502
- Gross Scheduled Income
- $36,600
- Total Monthly Income
- $3,300
- Insurance Expenses
- $1,085
- Water/Sewer/Garbage Expenses
- $3,840
- Gross Rent Multiplier
- 14.34
- Total Expenses
- $9,098
- Cap Rate
- 5.2
- Total Number of Units
- 2
- Unit Name
- 522
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1918
- View
- Bay, Mountain(s)
- Roof
- Composition
- Site Features
- Fenced-Partially, Outbuildings
- Energy Source
- Electric, Natural Gas
- School District
- South Kitsap
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $3,300
- Gross Scheduled Income
- $36,600
- Gross Adjusted Income
- $27,502
- Tax Year
- 2023
- Insurance Expense
- $1,085
- W/S/G Expenses
- $3,840
- Total Expenses
- $9,098
- Net Operating Income
- $27,502
- Gross Rent Multiplier
- 14.34
- Cap Rate
- 5.2
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.