1146 Magnuson Way
1146 Magnuson Way
Bremerton, WA 98310
$775,000
Price
8
Beds
4
Baths
3,040 Sq. Ft.
$255 / Sq. Ft.
3,040
Sq. Ft.
$255
per Sq. Ft.
Pending
Pending
Listing provided courtesy of Better Properties Downtown SV
Description
Here is your chance to own a well-maintained, income-producing property. This 4-plex has hardwood floors, updated kitchens and bathrooms. Each unit has 2 bedrooms and 1 bathroom and their own fenced-in yard with 8 parking spaces. Brand new roof installed February 2024. 15 minutes away from the shipyard and 5 minutes away from Olympic College. 3 units are on below market rents and one unit is empty for easy house hacking opportunity.Here is your chance to own a well-maintained, income-producing property. This 4-plex has hardwood floors, updated kitchens and bathrooms. Each unit has 2 bedrooms and 1 bathroom and their own fenced-in yard with 8 parking spaces. Brand new roof installed February 2024. 15 minutes away from the shipyard and 5 minutes away from Olympic College. 3 units are on below market rents and one unit is empty for easy house hacking opportunity.
- Listed by Matt Rutherford • Better Properties Downtown SV
Property Details for 1146 Magnuson Way
Community Name
Manette
School DistrictBremerton #100c
ViewTerritorial
Number of Assigned Spaces8
Total Covered Parking0
Entry Date03-22-2024
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Better Properties Downtown SV![]()
Add your commute
LISTING UPDATED: 03/29/2024 09:59 AM
Property Details for 1146 Magnuson Way
| Status | Pending |
|---|---|
| MLS # | 2214135 |
| Days on Market | 6 |
| Cumulative Days on Market | 6 |
| Taxes | $4,062 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1941 |
| Lot Size | 0.17 AC / 7,405 SF |
| County | Kitsap County |
Location
Listing Courtesy of Better Properties Downtown SV![]()
Add your commute
Building Information for 1146 Magnuson Way
Stories2Residences4Year Built1941Building Size-Lot Size0.17 AC / 7,405 SF
Payment Calculator
$4,568 per month
30 year fixed, 7.25% Interest
Principal and Interest
$4,229
Property Taxes
$339
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 1146 Magnuson Way
Summary
Location and General Information
- Style: 54 - 4-Plex
- Area: 149 - East Bremerton
- Directions: Continue on WA-3 N. Take WA-304 E, Burwell St and WA-303 N to Magnuson Way in Bremerton Take exit 36 for WA-304 E toward Bremerton Continue onto WA-304 E/Charleston Blvd Turn left onto WA-303 N/Wa
- 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: Hardwood, Vinyl
- Features: Hardwood
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
- FIRPTA: No
Exterior Features
- Exterior: Wood, Wood Products
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 1053
- Power Company: PSE
- Sewer Company: City of Bremerton
- Water Company: Public
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- First Right Of Refusal: false
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 32
Lot Information
- Lot Details: Curbs, Paved
- Lot Size Source: realist
- Parcel Number Free Text: 39680030070001
- Calculated Square Footage: 3040
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 3040.0
- 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: 2
- Vacancy Rate: 2
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 7312
- Gross Adjusted Income: 67688
- Gross Rent Multiplier: 11.4
- Gross Scheduled Income: $75,000
- Insurance Expense: $2,197
- Net Operating Income: $60,376
- Other Expenses: $0
- Total Monthly Income: 6250
- Fuel Expense: $0
Unit 1
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Square Feet Unit 1: 760
- Rent Unit 1: $1,600.00
- Bedrooms Unit 1: 2
- Bathrooms Unit 1: 1
Unit 2
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 760
- Rent Unit 2: $1,525.00
- Bedrooms Unit 2: 2
- Bathrooms Unit 2: 1
Unit 3
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: false
- Square Feet Unit 3: 760
- Bedrooms Unit 3: 2
- Bathrooms Unit 3: 1
Unit 4
- Washer/Dryer Unit 4: true
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 760
- Rent Unit 4: $1,525.00
- Bedrooms Unit 4: 2
- Bathrooms Unit 4: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3040.0
- Leasable Area Units: Square Feet
Property History for 1146 Magnuson Way
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1146 Magnuson Way
Taxable ValueLand$54,580Additions$245,220Total$299,800
Tax Record2021$3,780 ($315 / month)
Home Facts
Baths4Total Finished SqFt3,040 SqFtAbove Ground SqFt3,040 SqFtStories2Lot Size7,405 SqFtStyleQuadraplexYear Built1941Year Renovated1978ZoningCITYCountyKITSAPAPN39680030070001
Schools near 1146 Magnuson Way
This home is within Bremerton School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 10 to 12 |
Rating | School | Distance |
|---|---|---|
View Ridge Elementary School PublicPK 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.
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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 Better Properties Downtown SV
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.