108 Oak Street

Bremerton, WA 98310

$424,900
Price
5
Beds
3
Baths
2,040 Sq. Ft.
$208 / Sq. Ft.
2,040
Sq. Ft.
$208
per Sq. Ft.

Description

Views of Port Washington Narrows and across the street from Lions Park. This triplex features 2 side by side units with 2 bedrooms and 1 bathroom each plus a vacant ready to renovate detached studio with 1 bathroom. Current long-term tenants on month-to-month lease. Preferred lender Guild Mortgage will cover a total interest rate reduction of 1% for the first year at no cost to the buyer. Seller is willing to negotiate a credit towards a total interest rate reduction of 2% for the first year in which...Views of Port Washington Narrows and across the street from Lions Park. This triplex features 2 side by side units with 2 bedrooms and 1 bathroom each plus a vacant ready to renovate detached studio with 1 bathroom. Current long-term tenants on month-to-month lease. Preferred lender Guild Mortgage will cover a total interest rate reduction of 1% for the first year at no cost to the buyer. Seller is willing to negotiate a credit towards a total interest rate reduction of 2% for the first year in which case lender will cover a total interest rate reduction of 1% for the second year at no cost to the buyer. Lender will waive lender fees for future refinance to lower rate until 12/31/2025. Construction lending available to finish detached unit.
  1. Listed by Rich Kim • Lumin Brokers of Washington

Property Details for 108 Oak Street

Community Name
East Bremerton
School District
Bremerton #100c
View
Bay, Ocean, Sound, Territorial
Number of Assigned Spaces
8
Total Covered Parking
0
Entry Date
04-25-2024
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected

Location

Listing Courtesy of Lumin Brokers of Washington
Add your commute
LISTING UPDATED: 04/26/2024 01:02 PM

Property Details for 108 Oak Street

StatusActive
MLS #2228985
Days on Market11
Cumulative Days on Market10
Taxes$2,729 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1943
Lot Size0.17 AC / 7,405 SF
CountyKitsap County

Location

Listing Courtesy of Lumin Brokers of Washington
Add your commute

Building Information for 108 Oak Street

Stories1Residences3Year Built1943Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$2,546 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,319

Property Taxes

$227

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 108 Oak Street

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Cable TV, Fenced-Partially, Gas Available, Patio
  • Area: 149 - East Bremerton
  • Effective Year Built Source: Public Records
  • Directions: From WA-304 N right onto Warren Ave (WA-303). Take ramp onto Clare Ave toward Clare Ave. Right onto Lebo Blvd. Right onto Oak St. Property on the left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 8.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Laminate, Vinyl, Carpet
  • Features: Wall to Wall Carpet, Laminate Hardwood
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Stove/Free Standing
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 3060
  • Power Company: Puget Sound Energy
  • Sewer Company: City of Bremerton
  • Water Company: City of Bremerton
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1943
  • Photos Count: 25
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Number: 19
  • Lot Size Source: Realist
  • Parcel Number Free Text: 39640000190007
  • Building Condition: Good
  • Calculated Square Footage: 2040
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2040.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 8
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 3
  • Units Below Grade: false
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 7019
  • Gross Adjusted Income: 39060
  • Gross Rent Multiplier: 11.8
  • Gross Scheduled Income: $39,060
  • Insurance Expense: $1,230
  • Net Operating Income: $32,041
  • Other Expenses: $0
  • Total Monthly Income: 3255
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 720
  • Rent Unit 1: $1,085.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 720
  • Rent Unit 2: $1,085.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: C
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 600
  • Rent Unit 3: $1,085.00
  • Bedrooms Unit 3: 1
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2040.0
  • Leasable Area Units: Square Feet

Property History for 108 Oak Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 108 Oak Street

Taxable ValueLand$98,260Additions$229,700Total$327,960
Tax Record2024$2,727 ($227 / month)
Home Facts
Baths2Total Finished SqFt1,440 SqFtAbove Ground SqFt1,440 SqFtStories1Lot Size7,405 SqFtStyleDuplexYear Built1943ZoningCITYCountyKITSAPAPN3964-000-019-0007

Schools near 108 Oak Street

This home is within Bremerton School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Armin Jahr Elementary School
PublicK to 5

Mountain View Middle School
Public6 to 8

Bremerton High School
Public9 to 12

Morgan Center School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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108 Oak Street is a multi-family home for sale in Bremerton, WA 98310. This property was listed for sale on April 25, 2024 by Lumin Brokers of Washington, it's currently listed at $424,900. It has been on the market for a total of 11 days and was last sold on January 26, 2022. This listing's school district is Bremerton School District. Nearby schools include Armin Jahr Elementary School, Mountain View Middle School and Bremerton High School. 108 Oak Street is a 5-bed, 3-bath, 2,040 sqft multi-family home built in 1943.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lumin Brokers of Washington

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.