Listed by Northmarq Commercial, LLC
NOT LISTED FOR SALE

828 Broadway Ave Bremerton, WA 98337

-- Bed
-- Bath
7,164 Sq Ft
7,405 Sq Ft Lot

Last Sold November 23, 2022

Last sale price $1,750,000 $244 Per Sq Ft

89 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Thermal Windows
  • Territorial View
  • No HOA
  • Patio

About This Home

As of November 2022

Alternate address is 1015 9th Street. The 11-Unit Broadway Manor Apartments is for sale. The property is a recently modernized project in West Bremerton. The major remodel is estimated to have occurred sometime between 2015-2017. Updated plumbing and electrical. With updated cosmetic and system improvements, a new buyer will simply need to improve management to push value. All are 1bed/1bath units that include range, dishwasher, disposal & refrigerator. Coin operated laundry facility onsite. This is a turn-key asset with ability to push current rents.

Last Agent to Sell the Property

Joe Kinkopf

Northmarq Commercial, LLC Listed on: 07/21/2022

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1972645

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,718

Year Built

  • Built in 1901

Lot Details

  • 7,405 Sq Ft Lot
  • Corner Lot

Home Design

  • Poured Concrete
  • Composition Roof
  • Stone Siding
  • Cement Board or Planked

Interior Spaces

  • 7,164 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces

Outdoor Features

  • Deck
  • Patio

Community Details

  • No Home Owners Association
  • Bremerton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37430020180002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,718

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1901
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 7164
  • Special Features: None
  • Cumulative Days on Market: 482

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Coin Op Laundry,Fire Sprinklers,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Corner Lot, Curbs, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Stone
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking: No
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 13000

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bremerton #100c

Lot Info

  • Parcel Number: 37430020180002
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Patio
  • MLSLotSizeSource: Kitsap County Assessor
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10.8
  • LeasedItems: None
  • TotalMonthlyIncome: 13500

Multi Family

  • Gross Scheduled Income: 162000
  • Net Operating Income: 98987
  • Number Of Units Total: 2
  • Insurance Expense: 3850
  • Leasable Area: 7164
  • EnergySource: Electric
  • UnitsInBuildingTotal: 11
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2021
  • Tax Annual Amount: 11718

Range of Values:

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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
11/23/2022 11/23/22 Sold $1,750,000 0.0% $244 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $1,750,000 0.0% $244 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $1,750,000 -- $244 / 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: 1972645

Northwest Multiple Listing Service (NWMLS)