1417 Park Avenue

Bremerton, WA 98337

$625,000
Last Sold Price
7
Beds
5
Baths
3,983 Sq. Ft.
$157 / Sq. Ft.
3,983
Sq. Ft.
$157
per Sq. Ft.

Description

Excellent Investment Property. Fantastic location across from Evergreen Park & boat Launch. Property consists of 4 residential units and 1 commercial storefront. The property is professionally managed with solid & consistent performance. Close to Ferries, PSNS, Olympic College, and Evergreen Park. Summertime brings the Farmers Market, musical venues, and other fun activities.Excellent Investment Property. Fantastic location across from Evergreen Park & boat Launch. Property consists of 4 residential units and 1 commercial storefront. The property is professionally managed with solid & consistent performance. Close to Ferries, PSNS, Olympic College, and Evergreen Park. Summertime brings the Farmers Market, musical venues, and other fun activities.
  1. Listed by Victor Targett • Victor Targett & Co Inc

Property Details for 1417 Park Avenue

Community Name
West Bremerton
School District
Bremerton #100c
View
Partial, Sound
Number of Assigned Spaces
3
Total Covered Parking
1
Entry Date
03-03-2021
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected

Location

Listing Courtesy of Victor Targett & Co Inc

Sold By eXp Realty

Add your commute
LISTING UPDATED: 04/28/2021 09:21 AM

Property Details for 1417 Park Avenue

StatusSold
MLS #1735558
Days on Market5
Cumulative Days on Market1063
Taxes$5,171 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1920
Lot Size0.20 AC / 8,712 SF
CountyKitsap County

Location

Listing Courtesy of Victor Targett & Co Inc

Sold By eXp Realty

Add your commute

Building Information for 1417 Park Avenue

Stories2Residences5Year Built1920Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$3,842 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,411

Property Taxes

$431

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1417 Park Avenue

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Cable TV, Outbuildings
  • Area: 148 - West Bremerton
  • Effective Year Built Source: Public Records
  • Directions: Kitsap Way to 11th to N on Park, to Property on Left (across street from Evergreen Park)
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2020
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Laminate, Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Baseboard,Forced Air,Insert
  • Water Source: Public
  • Water/Sewer/Garbage: 3865
  • Power Company: pse
  • Sewer Company: City of Bremerton
  • Water Company: City of Bremerton
  • Power Production Type: Electric, Natural Gas
  • Utilities: Cable Connected, Sewer Connected, Electricity Available, Natural Gas Connected
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Block, Post & Block, Poured Concrete
  • Zoning Class: Business,Commercial,Multi-Family,Residential,Retail
  • Construction Methods: Standard Frame
  • First Right Of Refusal: false
  • Possible Use: Business, Commercial, Multi-Family, Residential, Retail
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2000
  • Photos Count: 37
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Size Source: Metroscan
  • Parcel Number Free Text: 38020030010007
  • Building Condition: Average
  • Calculated Square Footage: 3983
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3983.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 2
  • Number of Stories in Building: 2
  • Vacancy Rate: 3
  • Number Of Units Total: 5
  • Units Below Grade: false
  • Units In Building Total: 5
Financing / Income and Expenses
  • Electric Expense: $210
  • Total Expenses: 19247
  • Gross Adjusted Income: 57036
  • Gross Rent Multiplier: 9
  • Gross Scheduled Income: $58,800
  • Insurance Expense: $3,118
  • Net Operating Income: $37,889
  • Other Expenses: $6,883
  • Total Monthly Income: 4900
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1413
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 376
  • Rent Unit 1: $1,025.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 1413.5
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 491
  • Rent Unit 2: $950.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 1415B
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 850
  • Rent Unit 3: $925.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 1415A
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 850
  • Rent Unit 4: $500.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 1
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 1417
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: false
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: false
  • Square Feet Unit 5: 1416
  • Rent Unit 5: $1,500.00
  • Bedrooms Unit 5: 1
  • Bathrooms Unit 5: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3983.0
  • Leasable Area Units: Square Feet

Property History for 1417 Park Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1417 Park Avenue

This home is within Bremerton School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Naval Avenue Elementary School
PublicPK to 3

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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Similar Sold Homes

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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 Victor Targett & Co Inc

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.