838 Prospect Street, Port Orchard, WA 98366
- $575,000
- 1,680
- SqFt
Listing courtesy of Windermere Prof Partners. Selling Office: Mosaic Realty.
- Sold Price
- $575,000
- List Price
- $525,000
- Status
- SOLD
- MLS#
- 2281210
- Closing Date
- Sep 30, 2024
- Days on Market
- 5
- Style
- 53 - Tri-plex
- Finished SqFt
- 1,680
- Area Total SqFt
- 1680
- Annual Tax Ammount
- 3791
- Lot Size (sq ft)
- 3,485
- Sewer
- Sewer Connected
Property Description
This water view triplex is located in the heart of Downtown Port Orchard just one block from the waterfront, walk-on ferry, restaurants, & shopping. Each unit has a spectacular view of the water. Unit A is located on the top floor and has 2 bedrooms & 1 bath with a large walk-out deck with a 180-degree water view and 2 designated parking spaces. Unit B and C are both 1 bedroom and 1 bath with open concept floor plans and each has their own attached 1 car garage, washers and dryers, and plenty of storage space. All units are in good condition & completely walkable to everything! Easy access to Bangor Naval Base & Seattle. Close to all amenities. This is a fantastic investment opportunity or live in one unit and rent the others.
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Additional Information
- List Date
- 2024-09-25 00:00:00
- Community
- Port Orchard
- Net Operating Income
- $25,231
- Gross Adjusted Income
- $35,820
- Gross Scheduled Income
- $35,820
- Total Monthly Income
- $2,985
- Insurance Expenses
- $2,154
- Water/Sewer/Garbage Expenses
- $4,668
- Gross Rent Multiplier
- 14.7
- Total Expenses
- $10,613
- Cap Rate
- 4.8
- Vacancy Rate
- 2
- Total Number of Units
- 3
- Unit Name
- 838
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1945
- View
- Bay, City, Mountain(s), Sound
- Roof
- Composition
- Site Features
- Cable TV, Deck, Gas Available
- Energy Source
- Electric
- School District
- South Kitsap
- Elementary School
- East Port Orchard El
- Middle School
- Marcus Whitman Jnr H
- High School
- So. Kitsap High
- Total Monthly Income
- $2,985
- Gross Scheduled Income
- $35,820
- Vacancy Rate
- 2
- Gross Adjusted Income
- $35,820
- Tax Year
- 2024
- Insurance Expense
- $2,154
- W/S/G Expenses
- $4,668
- Total Expenses
- $10,613
- Net Operating Income
- $25,231
- Gross Rent Multiplier
- 14.7
- Cap Rate
- 4.8
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.