990 Sylvan Ave $369,000

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    990 Sylvan Ave Bremerton, WA 98310

    • 0.31 Acres
    • Commercial/Industrial
    Listing# 1463169 | Active

    $369,000

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    Days On Market: 90 0 Views
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    Property Details

    Investment performance is 8% cap rate with two tenants. Office with conference room, brake room and file storage room. Drive through coffee rents for $950/month. Both buildings are in good condition.

    • General Features
      • County Kitsap
      • Zoning Class Commercial
      • Zoning Jurisdiction City
      • Style 60-Comm Bldg Und 10K
      • Approx Building SqFt 1,512
      • Approx Whse/Mfg SqFt 0
      • Approx Office SqFt 1,512
      • Total Uncovered Parking 13
      • Total Covered Parking 0
    • Building Features
      • Exterior Wood, Wood Products
      • Foundation Poured Concrete, Slab
      • Roof Flat
      • Floor Covering Vinyl, Wall-to-Wall Carpet
      • Features Storage
      • Heating and Cooling Baseboard, Wall
    • Property Features
      • Lot Square Footage 13,504
      • Depth of Lot 0
      • Site Frontage 0
      • Water-Sewer-Garbage 3368
      • Sewer Sewer Connected
      • Sewer Company Bremerton
      • Energy Source Electric
      • Power Company PSE
      • Number of Available Pads 0
    • Financials
      • Free and Clear Y
      • Vacancy Rate 5
      • Total SqFt Rented 1,550
      • Total Monthly Rent $3,750
      • Gross Rent Multiplier 13
      • Cap Rate -NOI div LP 8
      • Gross Scheduled Income $45,000
      • Gross Adjusted Income $42,750
      • Total Expenses $13,496
      • NOI $29,251
      • Electrical Expenses $3,710
      • Tax Expense $2,708
      • Heating Expense $0
      • Insurance Expense $900
      • Annual Assoc. Dues $0
      • Other Expenses $2,810
      • Tax Year 2019

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    Neighborhood

    98310 (Bremerton) Demographics

    36Median Age
    3,439Population Density (per sq. mile)
    32%College Educated
    $51,119 Estimated Median Income
    4,462Estimated Total Home Owners
    4,220Estimated Total Renters
    51% / 49%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    20,499Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $335,000 Median Sales Price
    39 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $369,000
        5/24/2019 10:01:00 AM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.