611 Olympic Avenue
611 Olympic Avenue
Bremerton, WA 98312
$445,000
Price
4
Beds
2
Baths
1,800 Sq. Ft.
$247 / Sq. Ft.
1,800
Sq. Ft.
$247
per Sq. Ft.
Listing provided courtesy of Pellego, Inc.
Description
GREAT Cash Flowing Duplex bringing in $3,100 in rent. Tenants pay for the utilities. It has been remodeled with new roof, insulation, windows, paint (interior & exterior), flooring, trim. Updated and painted the cabinets. It has long term tenants. Great tenants pay on time and easy to deal with. If you're looking for headache free rental, this is it.GREAT Cash Flowing Duplex bringing in $3,100 in rent. Tenants pay for the utilities. It has been remodeled with new roof, insulation, windows, paint (interior & exterior), flooring, trim. Updated and painted the cabinets. It has long term tenants. Great tenants pay on time and easy to deal with. If you're looking for headache free rental, this is it.
- Listed by Eugene Balika • Pellego, Inc.
Property Details for 611 Olympic Avenue
Community Name
Bremerton
School DistrictBremerton #100c
ViewCity, Territorial
Number of Assigned Spaces4
Total Covered Parking0
Entry Date04-04-2024
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Pellego, Inc.![]()
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LISTING UPDATED: 04/05/2024 02:28 PM
Property Details for 611 Olympic Avenue
| Status | Active |
|---|---|
| MLS # | 2218507 |
| Days on Market | 26 |
| Cumulative Days on Market | 25 |
| Taxes | $1,970 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1937 |
| Lot Size | 0.09 AC / 3,920 SF |
| County | Kitsap County |
Location
Listing Courtesy of Pellego, Inc.![]()
Add your commute
Building Information for 611 Olympic Avenue
Stories2Residences2Year Built1937Building Size-Lot Size0.09 AC / 3,920 SF
Payment Calculator
$2,593 per month
30 year fixed, 7.25% Interest
Principal and Interest
$2,429
Property Taxes
$164
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 611 Olympic Avenue
Summary
Location and General Information
- Style: 52 - Duplex
- Area: 148 - West Bremerton
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Buyer To Verify
- Effective Year Built Source: Public Records
- Directions: Driving West on 6th St, turn left on Olypmic Ave. The house is on the left side. First house on the left
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 4.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Floor Covering: Ceramic Tile, Vinyl, Carpet
- Features: Ceramic Tile, Wall to Wall Carpet
- Amenities: Basement
- Cooling: Yes
- Cooling: Insert, None
- Fireplace: No
- Heating: Yes
- Heating: Forced Air
- FIRPTA: No
Exterior Features
- Exterior: Cement/Concrete, Wood
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 2400
- Power Company: PSE
- Sewer Company: Bremerton
- Water Company: Public
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Residential
- Possible Use: Residential
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1937
- Photos Count: 17
Lot Information
- Lot Details: Alley, Corner Lot, Paved
- Lot Size Source: Realist
- Parcel Number Free Text: 38100040140109
- Building Condition: Good
- Calculated Square Footage: 1800
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 1800.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 4
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 2
- Units Below Grade: false
- Units In Building Total: 2
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 5720
- Gross Adjusted Income: 31530
- Gross Rent Multiplier: 12.8
- Gross Scheduled Income: $37,200
- Insurance Expense: $1,350
- Net Operating Income: $31,530
- Other Expenses: $0
- Total Monthly Income: 3100
- Fuel Expense: $0
Unit 1
- Name Unit 1: A
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Rent Unit 1: $1,550.00
- Bedrooms Unit 1: 2
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: B
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Rent Unit 2: $1,550.00
- Bedrooms Unit 2: 2
- Bathrooms Unit 2: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 1952.0
- Leasable Area Units: Square Feet
Property History for 611 Olympic Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 611 Olympic Avenue
Taxable ValueLand$75,710Additions$148,240Total$223,950
Tax Record2024$1,905 ($159 / month)
Home Facts
Baths2Total Finished SqFt796 SqFtAbove Ground SqFt796 SqFtStories1Lot Size3,920 SqFtStyleDuplexYear Built1937ZoningCITYCountyKITSAPAPN3810-004-014-0109
Schools near 611 Olympic Avenue
This home is within Bremerton School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 3 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 10 to 12 |
Rating | School | Distance |
|---|---|---|
Naval Avenue Elementary School PublicPK to 3 | ||
Mountain View Middle School Public6 to 8 | ||
Bremerton High School Public9 to 12 | ||
Morgan Center School Public10 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Pellego, Inc.
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.