139 Oak Street, Bremerton, WA 98310

$424,900
1,965
SqFt

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Listing courtesy of Lumin Brokers of Washington. Selling Office: John L. Scott, Inc.

Sold Price
$424,900
List Price
$424,900
Status
SOLD
MLS#
2239348
Closing Date
Oct 15, 2024
Days on Market
118
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
1,965
Area Total SqFt
1965
Annual Tax Ammount
2737
Lot Size (sq ft)
9,583
Sewer
Sewer Connected

Property Description

Views of Port Washington Narrows and up the street from Lions Park. This three-unit property features 2 side by side units plus a detached unit. Current long-term tenants on month-to-month lease. Preferred lender Guild Mortgage will cover a total interest rate reduction of 1% for the first year at no cost to the buyer. Seller is willing to negotiate a credit towards a total interest rate reduction of 2% for the first year in which case lender will cover a total interest rate reduction of 1% for the second year at no cost to the buyer. Lender will waive lender fees for future refinance to lower rate until 12/31/2025.

Additional Information

List Date
2024-06-19 00:00:00
Community
East Bremerton
Net Operating Income
$38,933
Gross Adjusted Income
$45,960
Gross Scheduled Income
$45,960
Total Monthly Income
$3,830
Insurance Expenses
$1,230
Water/Sewer/Garbage Expenses
$3,060
Gross Rent Multiplier
9.24
Total Expenses
$7,027
Cap Rate
9.16
Total Number of Units
3
Unit Name
139
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1943
View
Bay, Ocean, Sound, Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Gas Available, Patio
Energy Source
Electric, Natural Gas
School District
Bremerton #100c
Total Monthly Income
$3,830
Gross Scheduled Income
$45,960
Gross Adjusted Income
$45,960
Tax Year
2024
Insurance Expense
$1,230
W/S/G Expenses
$3,060
Total Expenses
$7,027
Net Operating Income
$38,933
Gross Rent Multiplier
9.24
Cap Rate
9.16
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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