Listed by Northmarq Commercial, LLC, Bought with eXp Realty
NOT LISTED FOR SALE
-- Bed
-- Bath
6,080 Sq Ft
0.36 Acres

Last Sold June 15, 2022

Last sale price $1,200,000 $197 Per Sq Ft

28 Days on Market

About This Home

As of June 2022

This 8-Unit is comprised of two buildings, with four 2-bedroom units each. Upside in rents without renovation or ability to renovate and push rents further. This property is part of a portfolio that includes three other properties in Bremerton with the address: 629 Highland Ave (6-Unit), Parcel #37120010160003 ; 801 Veneta Ave (6-Unit), Parcel #38110060010009 ; and 2135 4th St (7-Unit), Parcel #14240130192004.

Last Agent to Sell the Property

Joe Kinkopf

Northmarq Commercial, LLC Listed on: 02/22/2022

Last Buyer's Agent

Kekoa Lwin

eXp Realty License #23028853

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1892734

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,349

Year Built

  • Built in 1941

Lot Details

  • 0.36 Acre Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 6,080 Sq Ft Home
  • 2-Story Property

Parking

  • 8 Parking Spaces
  • Open Parking

Utilities

  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association
  • Bremerton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 07240230082005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,349

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1941
  • Buyer Agency Compensation: 1.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 6080
  • Special Features: None
  • Cumulative Days on Market: 369

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Interior Amenities: Forced Air
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Septic Tank
  • Utilities: Septic System, Electric
  • WaterSewerGarbage: 5826

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bremerton #100c

Lot Info

  • Parcel Number: 07240230082005
  • Lot Size Acres: 0.36
  • Lot Size Sq Ft: 15682
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Kitsap County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 31
  • LeasedItems: None
  • TotalMonthlyIncome: 5580

Multi Family

  • Gross Scheduled Income: 39360
  • Net Operating Income: 6047
  • Number Of Units Total: 8
  • Insurance Expense: 2800
  • Leasable Area: 6080
  • EnergySource: Electric
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6349

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $1,200,000 -4.0% $197 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $1,250,000 -- $206 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1892734

Northwest Multiple Listing Service (NWMLS)