1345 Elizabeth Ave

    Bremerton, WA 98337
    • $550,000
    • STATUS: Active
    • ON SITE: 183 days
    • ID#: 1376145
    UPDATED: 75 min ago
    $550,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,662
      SQFT
    • $150
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Windermere Re West Sound Inc..

    Description

    Investment opportunity! Very well maintained fully rented 7 unit apartment building just a few blocks from Olympic college and one block to Evergreen Park. 6 furnished studios and a 1 bedroom apartment, large laundry room with coin op machines, tenant and bike storage, large owner workroom. New roof in 2015. With market rents, could be 7%+ cap. 3 units have parking in back. Some units updated in 2018. Only 1.1 miles to Bremerton - Seattle ferry and Puget Sound Naval Shipyard.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-04-19T07:16:06.66.

    www.kimberlygartlandgroup.com/homes/88635556

    1345 Elizabeth Ave Bremerton, WA 98337

    • Price: $550,000
    • Status: Active
    • Updated: 75 min ago
    • ID#: 1376145
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    3,662
    SQFT
    $150
    $/SQFT
    1920
    Built
    Neighborhood:
    Bremerton
    County:
    Kitsap
    Area:
    West Bremerton
    Elementary School:
    Naval Avenue Elem
    Middle School:
    Mtn View Mid
    High School:
    Bremerton High
    School District:
    Bremerton #100c
    Property Description
    Investment opportunity! Very well maintained fully rented 7 unit apartment building just a few blocks from Olympic college and one block to Evergreen Park. 6 furnished studios and a 1 bedroom apartment, large laundry room with coin op machines, tenant and bike storage, large owner workroom. New roof in 2015. With market rents, could be 7%+ cap. 3 units have parking in back. Some units updated in 2018. Only 1.1 miles to Bremerton - Seattle ferry and Puget Sound Naval Shipyard.
    Exterior Features

    Building Condition Good Carport Spaces 0 Exterior WoodWood Products Foundation Poured Concrete Garage Spaces 0 Lot Details CurbsPaved StreetSidewalk Roof Composition Stories In Building 2 Style 55 - 5-Plex Total Parking Spaces 3 Uncovered Spaces 3 View Territorial

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling Forced Air Unit1 Bathrooms 1.00 Unit1 Bedrooms 0 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 319 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 0 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 319 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 0 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 450 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 0 Unit4 Dishwasher N Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 275 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 1 Unit5 Dishwasher N Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 770 Unit5 Washer Dryer N Unit6 Bathrooms 1.00 Unit6 Bedrooms 0 Unit6 Dishwasher N Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 319 Unit6 Washer Dryer N Units Below Grade Y

    Property Features

    Amenities BasementCoin Op LaundryStorage Bank Owned No Cap Rate 5.70 Electrical Expenses 1554 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 40191 Gross Rent Multiplier 11 Gross Scheduled Income 49260 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 3143 Leased Items None Net Operating Income 21722 New Construction YN No Other Expenses 9824 Possession Closing Power Company Puget Sound Electric Right Of First Refusal No Septic Approved For Number Of Bedrooms 7 Sewer Sewer Connected Sewer Company City Of Bremerton Site Features Gas Available Tax Amount 3135 Tax Year 2018 Terms Cash OutConventionalFHAVA Third Party Approval Required None Total Expenses EXP 18469 Total Expenses TEX 18469 Total Monthly Income 4155 Unit1 Monthly Rent 625 Unit2 Monthly Rent 545 Unit3 Monthly Rent 695 Unit4 Monthly Rent 565 Unit5 Monthly Rent 425 Unit6 Monthly Rent 675 Vacancy Rate 19 Water Company City Of Bremerton Water Sewer Garbage 3955 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Kimberly Gartland Group - Keller Williams Realty and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-04-19T07:16:06.66.

     
    Kimberly Gartland Group - Keller Williams Realty
    5263 Olympic Drive NW, Suite B
    Gig Harbor WA, 98335
    Listing Courtesy of Windermere Re West Sound Inc..