801 Veneta Avenue

Bremerton, WA 98337

  • Bed

  • Bath

  • 4752 SqFt

  • 240 DOM

  • Built: 1912

  • Status: Active

$899,900

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801 Veneta Avenue

Bremerton 98337

$899900

  • Bed

  • Bath

  • 4752 SqFt

  • 240 DOM

  • Built: 1912

  • Status: Active

Srinivas Kasam

CEO & Founder

(650)533-3259

6-plex features one unit with 0 bedroom and 1 bathroom, four units with 1 bedroom and 1 bathroom, and one unit with 3 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 18% to meet current market rents. Current Cap Rate of 7.13% would be raised to 9.03%! Opportunity to renovate and increase rent even more in the future. DSCR loans available. DO NOT DISTURB TENANTS!

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