131 Lippert Drive W, Port Orchard, WA 98366

WA, Port Orchard
$849,950
  • 3,440 Sqft
  • Residential Income Property Type
  • 1984 Year Built
  • Closed Status
Property Description

This multi-unit property is a great investment opportunity. With 4 units featuring 2 bedrooms, 1 full bath, stacked washer and dryer, with laminate hardwood and vinyl flooring throughout. Each unit comes with 2 reserved parking spaces for added value. This well-maintained property offers a solid cap rate of 6.192%, making it an excellent addition to your investment portfolio. All units are currently rented, ensuring immediate rental income – Don’t miss this opportunity!

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2176806
  • Price: $849,950
  • Square Footage: 3,440 Sqft
  • Year Built: 1984
  • Lot Area: 0.25 Acre
  • Status: Closed
  • Office Name: Coldwell Banker Bain
  • Agent Name: Chris Sudore
  • Property Sub Type: Multi-Family
  • Roof: Composition
Features
  • Heating System Wall Unit(s)
  • Cooling System None
  • Exterior Features Wood
  • Flooring Vinyl
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Kitsap
  • City Port Orchard
  • Zipcode 98366
  • Street: Lippert
  • Street Number: 131
  • Street Suffix: Drive
  • Longitude: W123° 21' 8.5''
  • Latitude: N47° 31' 6.4''
  • Directions: GPS
  • Mls Area Major: 143 - Port Orchard
  • Street Dir Suffix: W
Neighborhood
  • High School District: South Kitsap
Additional Information
  • Water Source: Public
  • Stories Total: 2
  • Possible Use: Residential
  • On Market Date: 2023-11-02
  • Number Of Units Total: 4
  • Lot Features: Paved, Sidewalk
Financial
  • Tax Annual Amount: 6325
Listing Information
  • Co List Agent Full Name: Ryder R Fasse
  • Co List Agent Mls Id: 64751
  • Co List Office Mls Id: 4730
  • Co List Office Name: Coldwell Banker Bain
  • List Agent Mls Id: 67640
  • List Office Mls Id: 4730
  • Listing Term: Cash Out,Conventional
  • Mls Status: Sold
  • Modification Timestamp: 2024-09-05T12:47:57Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2023-11-22T18:55:31Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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