704 12th ST #1-15, Bremerton, WA 98337 - MLS#2231487

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Brian O Gass

brian.or@1realty.com +1(503) 459-8805

Listed by Multifamily Properties

$1,700,000

Est. payment - /mo

7 Beds

15 Baths

8,980 SqFt

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UPDATED:

11/20/2024 01:15 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 8,980 sqft

Price per Sqft $189

Subdivision West Bremerton

MLS Listing ID 2231487

Style 56 - 10+ Units

Bedrooms 7

Year Built 1938

Annual Tax Amount $13,816

Lot Size 4,356 Sqft

Property Description

The Wedgewood Apartments is a 1938 vintage 15-unit apartment building with so much character and potential. The property is centrally located near Olympic College, Bremerton High School & Evergreen Rotary Park. It is also only a few minutes from downtown Bremerton, the ferry and the shipyard. The Wedgewood has a great unit mix of mostly studio and 1-bedroom units along with one 2-bedroom apartment. This is an extremely rare opportunity for a mid-sized multifamily in Kitsap County. Properties this size do not trade very frequently. This is a heavy value-add prospect that allows new ownership to rehabilitate and capture top rents in a low supply market.

Location

State WA

County Kitsap

Area 148 - West Bremerton

Interior

Fireplace false

Exterior

Exterior Feature Brick, Stucco

Waterfront No

View Y/N No

Roof Type Composition

Building

Lot Description Corner Lot, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Bremerton #100C

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Brian O Gass

+1(503) 459-8805

Principle Broker | License ID: 201235550

Principle Broker License ID: 201235550