2135 4th Street

Bremerton, WA 98312

  • Bed

  • Bath

  • 2812 SqFt

  • 240 DOM

  • Built: 1932

  • Status: Active

$899,900

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2135 4th Street

Bremerton 98312

$899900

  • Bed

  • Bath

  • 2812 SqFt

  • 240 DOM

  • Built: 1932

  • Status: Active

Srinivas Kasam

CEO & Founder

(650)533-3259

7-plex features four units with 0 bedroom and 1 bathroom, two units with 1 bedroom and 1 bathroom, and one unit with 2 bedrooms and 2 bathrooms. Current long-term tenants are on month-to-month lease. This investment offers a unique opportunity to add value without any updates to the building or units. The rents are significantly below market and can be increased by an average of 15% to meet current market rents. Current Cap Rate of 7.30% would be raised to 8.90%! Opportunity to renovate and increase rent even more in the future. DSCR loans available. DO NOT DISTURB TENANTS!

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