821 Bay St

Port Orchard, WA 98366

  • Bed

  • Bath

  • 0 SqFt

  • 143 DOM

  • Built: 1900

  • Status: Active

$799,000

X

821 Bay St

Port Orchard 98366

$799000

  • Bed

  • Bath

  • 0 SqFt

  • 143 DOM

  • Built: 1900

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

This property is a passive income lover's dream. Three residential Tenants make up the top floor and three commercial Tenants make up the bottom. Renegotiations can be discussed regarding potential longer-Term leases for the commercial Tenants and the residential Tenants consist of your typical 12 month Terms. Additionally, a new owner would receive income from 6 parking stalls at the rear of the property. Yearly expenses are kept low, which helps yield a current CAP rate of 7%. With all of the improvements coming to downtown Port Orchard over the next 5 years, a new owner would have the ability to receive the income from a fully leased out, prime location property, while potentially achieving mid to high levels of appreciation.

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Residence Information

  • 0

  • Composition

  • 60 - Comm Bldg Und 10K

  • 1900

  • Pillar/Post/Pier

Features and Utilities

  • Wood

  • Public

  • Sewer Connected

Financial

  • 5640

  • Cash Out

  • 12-20-2024

Comparable Information

  • 143

  • 143

  • Cash Out

  • $833,000

  • $833,000

  • May 12, 2025 17:50

Schools

Map

Listing courtesy of G Anderson Group LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: May 13, 2025 03:25 | Listing last modified May 12, 2025 17:50. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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