$ 700,000
-
$700,000
Price -
0
Bed - Bath
-
0
SqFt
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About the Listing 2518 - 1799,118456
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 over 8%. 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.
Listing Highlights for 821 Bay St
Status
Active
Days on Site
235
Property Type
Commercial Sale
MLS ®
2322533
Year Built
1900
Total Square Footage
0
Lot/Acreage
0.22
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City of Port Orchard
Exterior Details
- Lot Description: Sound,Zoning: Business,Commercial,Residential,Retail
- Garage Capacity: N/A
- Parking Spaces: 12
- Zoning: Business,Commercial,Residential,Retail
- Roof: Composition
- Others: Wood,Fair
- Sewer: City of Port Orchard
Financial Details
- Tax Amount: $5,640
- Taxes w/Assessments: N/A
- Tax/Property ID: 40530130070004
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
821 Bay St Port Orchard, WA 98366
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