Skip To Content

    1844 NE Poulsbo Avenue

    Keyport, WA 98345
    • $1,650,000
    • STATUS: Active
    • ON SITE: 20 days
    • MLS #: 1808866
    $1,650,000
    • 0
      BEDS
    • 0.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1984
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Urban Commercial Partners, Llc.

    Description

    Multi-family conversion opportunity! Plans have been initiated to reposition the current office building into 14 apartment units in an effort to meet the increasing demand for residential units in the region. Situated in Central Kitsap County, the town of Keyport is strategically positioned in the heart of the largest cluster of US Naval Bases in the Pacific NW, providing a reliable and consistent source of tenants. The region has recently experienced unprecedented growth, as outlying areas from the Seattle core have become attractive to urban dwellers seeking sanctuary from city life. Two 4-plex's in the neighborhood sold in June 2021 for $850k each.

    Monthly Payment Calculator



    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 2021-08-05T00:15:04.253.

    www.communityrealestategroup.com/homes/119362745
    Print Image

    1844 NE Poulsbo Avenue Keyport, WA 98345

    • Price: $1,650,000
    • Status: Active
    • MLS #: 1808866
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.4
    Acres
    1984
    Built
    Neighborhood:
    Keyport
    County:
    Kitsap
    Area:
    Vinland / Finn Hill
    School District:
    North Kitsap #400
    Property Description
    Multi-family conversion opportunity! Plans have been initiated to reposition the current office building into 14 apartment units in an effort to meet the increasing demand for residential units in the region. Situated in Central Kitsap County, the town of Keyport is strategically positioned in the heart of the largest cluster of US Naval Bases in the Pacific NW, providing a reliable and consistent source of tenants. The region has recently experienced unprecedented growth, as outlying areas from the Seattle core have become attractive to urban dwellers seeking sanctuary from city life. Two 4-plex's in the neighborhood sold in June 2021 for $850k each.
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Lot Features Corner Lot Open Parking Spaces 30 Open Parking YN Yes Parking Total 30 Parking Uncovered Spaces 30 Roof Torch Down Structure Type Multi Family Style Code 56 - 10+ Units View YN No Waterfront YN No

    Interior Features

    Fireplace YN No Flooring Ceramic TileConcreteCarpet Foundation Details Slab Furnished Unfurnished Heating Cooling Type Forced Air Interior Features Ceramic TileConcrete

    Property Features

    Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 277465 Insurance Expense 4900 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventionalRehab LoanSee Remarks Lot Number 28-31 Net Operating Income 171121 New Construction YN No Possible Use CommercialMulti-FamilyOfficeSee Remarks Power Production Type ElectricNatural Gas Property Condition Average Property Sub Type Multi-Family Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 19830 Tax Year 2021 Total Expenses 89009 Units In Building Total 14 Utilities Sewer ConnectedElectricity AvailableNatural Gas Connected Water Sewer Garbage 31601 Water Source Community Zoning Class CommercialMulti-FamilyOfficeSee Remarks Zoning Jurisdiction County

    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 2021-08-05T00:15:04.253.

     
    https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_2_1808866-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_2_1808866-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_2_1808866-1.jpg
    Logo
    Keller Williams Tri-Cities
    4390 W Van Giesen
    West Richland WA, 99353
    Listing Courtesy of Urban Commercial Partners, Llc.