1277 Sherman Avenue, Port Orchard, WA 98366

$749,000
3,086
SqFt

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Listing courtesy of Better Properties Gig Harbor.

List Price
$749,000
Status
ACTIVE
MLS#
2452331
Price Change
▼ $50,950 1781937840
Days on Market
249
Style
53 - Tri-plex
Finished SqFt
3,086
Area Total SqFt
3086
Annual Tax Ammount
5325
Lot Size (sq ft)
12,632
Sewer
Sewer Connected

Property Description

Well maintained Triplex in a great central location, close to Hospital and Freeway access. Good rental history. Live in one unit and rent out the other two! Detached three car garage with storage space is already partitioned providing three individual spaces for optimum tenant privacy and security.

Additional Information

List Date
2025-11-22 01:43:10
Community
Port Orchard
Net Operating Income
$56,140
Gross Adjusted Income
$49,015
Gross Scheduled Income
$64,260
Total Monthly Income
$5,355
Insurance Expenses
$1,800
Water/Sewer/Garbage Expenses
$4,906
Gross Rent Multiplier
13.6
Total Expenses
$15,245
Cap Rate
6.3
Total Number of Units
3
Unit Name
1277
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1997
Roof
Composition
Site Features
Cable TV, Fenced-Partially, High Speed Internet, Patio
Electric Expenses
14
Other Expenses
3200
Energy Source
Electric
School District
South Kitsap
Total Monthly Income
$5,355
Gross Scheduled Income
$64,260
Gross Adjusted Income
$49,015
Tax Year
2025
Insurance Expense
$1,800
W/S/G Expenses
$4,906
Total Expenses
$15,245
Net Operating Income
$56,140
Gross Rent Multiplier
13.6
Cap Rate
6.3
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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