1600-1620 Northeast Pleasant Alley
1600-1620 Northeast Pleasant Alley
Keyport, WA 98345
$2,100,000
Price
24
Beds
12
Baths
9,600 Sq. Ft.
$219 / Sq. Ft.
9,600
Sq. Ft.
$219
per Sq. Ft.
Virtual Tour
Virtual Tour
Listing provided courtesy of Northmarq Commercial, LLC
Description
We are pleased to present the Sunset and Elwha Apartments for sale. The two fourplexes are the perfect opportunity for a value-add investor looking to reposition this water adjacent property to capitalize on under market rents. With massive investment in Naval bases across the Puget Sound, this property stands to benefit with its close proximity to government employment and massive unit layouts with scenic views. Keyport is home to the Navy’s nuclear submarine facilities, as well as close proximity...We are pleased to present the Sunset and Elwha Apartments for sale. The two fourplexes are the perfect opportunity for a value-add investor looking to reposition this water adjacent property to capitalize on under market rents. With massive investment in Naval bases across the Puget Sound, this property stands to benefit with its close proximity to government employment and massive unit layouts with scenic views. Keyport is home to the Navy’s nuclear submarine facilities, as well as close proximity to the Puget Sound Naval Shipyard in Bremerton. Both bases have seen billions of dollars in investment via the federal government.
- Listed by Steve Fischer • Northmarq Commercial, LLC
- Listed by Brendan Greenheck • Northmarq Commercial, LLC
Property Details for 1600-1620 Northeast Pleasant Alley
Community Name
Keyport
School DistrictNorth Kitsap #400
ViewMountain(s), Partial, Sound
Number of Assigned Spaces16
Total Covered Parking0
Entry Date11-20-2023
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Northmarq Commercial, LLC![]()
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LISTING UPDATED: 04/29/2024 05:22 PM
Property Details for 1600-1620 Northeast Pleasant Alley
| Status | Active |
|---|---|
| MLS # | 2181666 |
| Days on Market | 164 |
| Cumulative Days on Market | 163 |
| Taxes | $10,418 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1972 |
| Lot Size | 0.46 AC / 20,037 SF |
| County | Kitsap County |
Location
Listing Courtesy of Northmarq Commercial, LLC![]()
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Building Information for 1600-1620 Northeast Pleasant Alley
Stories2Residences8Year Built1972Building Size-Lot Size0.46 AC / 20,037 SF
Payment Calculator
$12,329 per month
30 year fixed, 7.25% Interest
Principal and Interest
$11,461
Property Taxes
$868
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 1600-1620 Northeast Pleasant Alley
Summary
Location and General Information
- Style: 54 - 4-Plex
- Area: 165 - Finn Hill
- Effective Year Built Source: Public Records
- Directions: From Bremerton, north on WA-3N, take the WA-308 E exit toward Keyport. Turn right onto WA-308 NE E. Turn left onto NE Harvard Ave. Turn left onto NE Pleasant Alley/Sunset Ave NE. Site on left.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
- Additional Tax Ids: 4366-016-011-00-03
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 16.0
- Open Parking: Yes
Virtual Tour
- Virtual Tour URL Unbranded: https://my.matterport.com/show/?m=RL6wGQPFDxr
- Virtual Tour URL Description: Matterport Link - Interior
Interior and Exterior Features
Interior Features
- Floor Covering: Vinyl
- Cooling: Yes
- Cooling: Forced Air
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
Exterior Features
- Exterior: Wood
- Roof: Composition
Property
Utilities
- Water/Sewer/Garbage: 15909
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: County
- Zoning Class: Multi-Family
- First Right Of Refusal: false
- Possible Use: Multi-Family
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1972
- Photos Count: 19
Lot Information
- Lot Size Source: Matrix Realist
- Parcel Number Free Text: 43660160080008
- Calculated Square Footage: 9600
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 9600.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 16
- Number of Stories in Building: 2
- Vacancy Rate: 5
- Number Of Units Total: 8
- Units Below Grade: false
- Units In Building Total: 8
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 52564
- Gross Adjusted Income: 180738
- Gross Rent Multiplier: 12.01
- Gross Scheduled Income: $189,480
- Insurance Expense: $3,200
- Net Operating Income: $128,174
- Other Expenses: $23,037
- Total Monthly Income: 174840
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 1200
- Rent Unit 1: $1,800.00
- Bedrooms Unit 1: 3
- Bathrooms Unit 1: 2
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 1200
- Rent Unit 2: $1,850.00
- Bedrooms Unit 2: 3
- Bathrooms Unit 2: 2
Unit 3
- Name Unit 3: 3
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 1200
- Rent Unit 3: $1,795.00
- Bedrooms Unit 3: 3
- Bathrooms Unit 3: 2
Unit 4
- Name Unit 4: 4
- Washer/Dryer Unit 4: true
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 1200
- Rent Unit 4: $1,800.00
- Bedrooms Unit 4: 3
- Bathrooms Unit 4: 2
Unit 5
- Name Unit 5: 5
- Washer/Dryer Unit 5: true
- Range/Oven Unit 5: true
- Refrigerator Unit 5: true
- Dishwasher Unit 5: true
- Square Feet Unit 5: 1200
- Rent Unit 5: $1,850.00
- Bedrooms Unit 5: 3
- Bathrooms Unit 5: 2
Unit 6
- Name Unit 6: 6
- Washer/Dryer Unit 6: true
- Range/Oven Unit 6: true
- Refrigerator Unit 6: true
- Dishwasher Unit 6: true
- Square Feet Unit 6: 1200
- Rent Unit 6: $1,800.00
- Bedrooms Unit 6: 3
- Bathrooms Unit 6: 2
Unit 7
- Name Unit 7: 7
- Washer/Dryer Unit 7: true
- Range/Oven Unit 7: true
- Refrigerator Unit 7: true
- Dishwasher Unit 7: true
- Square Feet Unit 7: 1200
- Rent Unit 7: $1,950.00
- Bedrooms Unit 7: 3
- Bathrooms Unit 7: 2
Unit 8
- Name Unit 8: 8
- Washer/Dryer Unit 8: true
- Range/Oven Unit 8: true
- Refrigerator Unit 8: true
- Dishwasher Unit 8: true
- Square Feet Unit 8: 1200
- Rent Unit 8: $1,725.00
- Bedrooms Unit 8: 3
- Bathrooms Unit 8: 2
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 9600.0
- Leasable Area Units: Square Feet
Property History for 1600-1620 Northeast Pleasant Alley
| 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.
Schools near 1600-1620 Northeast Pleasant Alley
This home is within North Kitsap School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 12 |
Rating | School | Distance |
|---|---|---|
Hilder Pearson Elementary School PublicPK to 5 | ||
Poulsbo Junior High School Public6 to 8 | ||
North Kitsap High School Public9 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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Listing Courtesy of Northmarq Commercial, LLC
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.