10% to 11% Cap Rate and Future Appreciation

SW corner of Anderson and Olympic. Please do not disturb the tenants if you drive by.

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For Sale: 1555 and 1557 Olympic Ave., Bremerton, WA 98312 Call (360) 710-5070, or
Email: danny@inkitsap.com for more info

Right out of the gate start making money at a rate the bank's can't touch: 10% cap rate with allowances for vacancy, maintenance. Tenants pay all utilities. Assessed at 132,720. Update these units in the future, wait for the market to come back & you'll have a nice bit of appreciation. At this price this is an "as is" sale and owner will make no repairs. Get an owner occupied loan, live in one side & your mortgage is paid by tenants. One unit has 3 and the other 2 bedrooms.

Many features:

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Property listing details

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Seller's Disclosure

The Feature List above and Cap Rate calculation.

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