704 12th Street #1-15
Bremerton, WA 98337
8980 sqft | 0.10 acres | #2231487
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.
Property Details
- Lot DescriptionCorner Lot, Paved, Sidewalk
- FoundationPoured Concrete
- Sewer InformationSewer Connected
- School DistrictBremerton #100c
- Elementary SchoolBuyer To Verify
- Middle SchoolBuyer To Verify
- High SchoolBuyer To Verify
- Exterior MaterialsBrick, Stucco
- Style56 - 10+ Units
- SubdivisionWest Bremerton
- Property TypeMulti-Family
- Property SubtypeMulti-Family
- Structure TypeMulti Family
- Date ListedMay 15, 2024
- Original List Price$1,700,000
- Taxes Annual$13,816
- MLS #2231487
- Cost1490000
- MLS #2231487
- Utility SourcePublic
- CountyKitsap
- Property ConditionFixer
- Square Feet8980
- Year Built1938
- Acres0.1
- Days on Market (Cumulative)167
- Stories2
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-12-04 17:24:08. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Brandon M Vukelich (#NWM86724)
Listing Office: Multifamily Properties (#NWM7665)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
