1146 Magnuson Way, Bremerton, WA 98310

$801,000
3,040
SqFt

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Listing courtesy of Better Properties Downtown SV. Selling Office: Windermere RE West Sound Inc..

Sold Price
$801,000
List Price
$775,000
Status
SOLD
MLS#
2214135
Closing Date
May 03, 2024
Days on Market
6
Style
54 - 4-Plex
Finished SqFt
3,040
Area Total SqFt
3040
Annual Tax Ammount
4062
Lot Size (sq ft)
7,405
Sewer
Sewer Connected

Property Description

Here is your chance to own a well-maintained, income-producing property. This 4-plex has hardwood floors, updated kitchens and bathrooms. Each unit has 2 bedrooms and 1 bathroom and their own fenced-in yard with 8 parking spaces. Brand new roof installed February 2024. 15 minutes away from the shipyard and 5 minutes away from Olympic College. 3 units are on below market rents and one unit is empty for easy house hacking opportunity.

Additional Information

List Date
2024-04-27 00:00:00
Community
Manette
Net Operating Income
$60,376
Gross Adjusted Income
$67,688
Gross Scheduled Income
$75,000
Total Monthly Income
$6,250
Insurance Expenses
$2,197
Water/Sewer/Garbage Expenses
$1,053
Gross Rent Multiplier
11.4
Total Expenses
$7,312
Cap Rate
7
Vacancy Rate
2
Total Number of Units
4
Unit Name
1146
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1941
View
Territorial
Roof
Composition
Energy Source
Electric
School District
Bremerton #100c
Total Monthly Income
$6,250
Gross Scheduled Income
$75,000
Vacancy Rate
2
Gross Adjusted Income
$67,688
Tax Year
2024
Insurance Expense
$2,197
W/S/G Expenses
$1,053
Total Expenses
$7,312
Net Operating Income
$60,376
Gross Rent Multiplier
11.4
Cap Rate
7
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.
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