Property Details
1566 SW Old Clifton Road
Port Orchard, WA 98367
$964,000
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Property Overview
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.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Kitsap
Neighborhood
Port Orchard
Listed
Jan 28, 2025
Original Price
$1,271,000
Financial Summary
Cap Rate
0.04%
Net Operating Income
$78,900
Gross Scheduled Income
$78,900
Gross Rent Multiplier
19.61
Total Expenses
$9,745
Building & Use
Building Sq Ft
4,568
Leasable Area
4,608 sqft
Total Units
5
Zoning
Residential
Possible Use
Residential
Lot Size
4.54 acres
Year Built
1979
Exterior & Lot
Lot Size
4.54 sqft
Year Built
1979
Garage
2 spaces
Exterior Materials
Metal/Vinyl
Sewer
Septic Tank
Water Source
Community
Exterior Features
Metal/Vinyl
Location
City
Port Orchard
County
Kitsap
Coordinates
47.51348, -122.67272
Additional Information
Tax Year
2025
Annual Taxes
$8,021
Possession
Array
