1566 SW Old Clifton Road, Port Orchard, WA 98367

$899,000
4,568
SqFt

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Listing courtesy of Better Properties Gig Harbor.

List Price
$899,000
Status
ACTIVE
MLS#
2325766
Price Change
▼ $65,000 1781948448
Days on Market
544
Style
55 - 5-9 Units
Building Condition
Fair
Finished SqFt
4,568
Area Total SqFt
4568
Annual Tax Ammount
8021
Lot Size (sq ft)
197,762
Sewer
Septic Tank

Property Description

Reduced to sell! Spectacular Investment Opportunity for this 5 parcel short plat (total approx. 4.54 acre/5 addresses); each parcel includes a manufactured home w/current renter, septic system and Group B water system serving all 5 lots. Calling all builders to explore their options to get amazing return on your money with this unique property located close to town, freeway, shopping, medical and restaurants yet in a private setting.

Additional Information

List Date
2025-01-29 04:43:11
Community
Port Orchard
Net Operating Income
$78,900
Gross Adjusted Income
$78,900
Gross Scheduled Income
$78,900
Total Monthly Income
$6,575
Insurance Expenses
$1,724
Gross Rent Multiplier
19.61
Total Expenses
$9,745
Cap Rate
0.04
Total Number of Units
5
Unit Name
1566
Potential Terms
Cash
Year Built
1979
Roof
Composition
Site Features
Outbuildings
Energy Source
Electric
School District
South Kitsap
Total Monthly Income
$6,575
Gross Scheduled Income
$78,900
Gross Adjusted Income
$78,900
Tax Year
2025
Insurance Expense
$1,724
Total Expenses
$9,745
Net Operating Income
$78,900
Gross Rent Multiplier
19.61
Cap Rate
0.04
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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