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    1628 Burwell

    Bremerton, WA 98337
    • $995,000
    • STATUS: Active
    • ON SITE: 36 days
    • MLS #: 1793620
    UPDATED: 38 min ago
    $995,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1939
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Priority One Realty Inc..

    Description

    Investors! These Burwell apartments represent an opportunity to acquire a well located, turn-key asset in the heart of Bremerton, some with mountain views! Building boasts 9 bedrooms between the 5 large units. Strong in place operations with additional room to grow; four garages rented out separately, coin-operated laundry, and the BIG bonus " an unfinished 600sqft space above the garage! Expandability for additional income " potential for an ADU, Art Studio, Storage, or convert to Tenant Office Suites for the modern day teleworker. This property is perfectly located! Short walks to Downtown, Seattle Ferry, Naval Shipyard, parks , schools, restaurants & breweries! Great rental history and favorable Cap Rate!

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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 Keller Williams Tri-Cities are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-26T20:14:15.93.

    www.communityrealestategroup.com/homes/118518010
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    1628 Burwell Bremerton, WA 98337

    • Price: $995,000
    • Status: Active
    • Updated: 38 min ago
    • MLS #: 1793620
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1939
    Built
    Neighborhood:
    Bremerton
    County:
    Kitsap
    Area:
    West Bremerton
    School District:
    Bremerton #100c
    Property Description
    Investors! These Burwell apartments represent an opportunity to acquire a well located, turn-key asset in the heart of Bremerton, some with mountain views! Building boasts 9 bedrooms between the 5 large units. Strong in place operations with additional room to grow; four garages rented out separately, coin-operated laundry, and the BIG bonus " an unfinished 600sqft space above the garage! Expandability for additional income " potential for an ADU, Art Studio, Storage, or convert to Tenant Office Suites for the modern day teleworker. This property is perfectly located! Short walks to Downtown, Seattle Ferry, Naval Shipyard, parks , schools, restaurants & breweries! Great rental history and favorable Cap Rate!
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 4 Exterior Features Wood Lot Features AlleyCorner LotCurbsPavedSidewalk Open Parking Spaces 2 Open Parking YN Yes Parking Total 6 Parking Uncovered Spaces 2 Roof Composition Structure Type Multi Family Style Code 55 - 5-9 Units View YN Yes Waterfront YN No

    Interior Features

    Fireplace YN No Flooring VinylCarpet Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type BaseboardWall Heating YN Yes

    Property Features

    Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 76200 Insurance Expense 1500 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventional Net Operating Income 55668 New Construction YN No Possible Use Multi-Family Power Production Type Electric Property Condition Very Good Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvHigh Speed InternetOutbuildings Special Listing Conditions None Tax Annual Amount 5532 Tax Year 2021 Total Expenses 20532 Units In Building Total 5 Utilities Cable ConnectedHigh Speed InternetSewer ConnectedElectricity Available Water Sewer Garbage 0 Water Source Public Zoning Class Multi-Family

    Listing information © 2021 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 Keller Williams Tri-Cities 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 Keller Williams Tri-Cities are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-26T20:14:15.93.

     
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    Keller Williams Tri-Cities
    4390 W Van Giesen
    West Richland WA, 99353
    Listing Courtesy of Priority One Realty Inc..