836-838 8th Street

Bremerton, WA 98337

$1,399,000
Price
Studio
Beds
4,256 Sq. Ft.
$329 / Sq. Ft.
4,256
Sq. Ft.
$329
per Sq. Ft.

Description

Be a part of the development boom in downtown Bremerton! This 10-unit with 8 studios and 2 one bedrooms is walking distance to the Seattle ferry. 9/10 units remodeled in the last year. This building is turn key with big upside potential for raised rents. Rentometer estimates there is $14.6k more rent per year just to bring current rents up to the average of the area! Adtl income potential in the shared laundry space. Or just start from scratch and develop an up to 60ft mixed use building.

Property Details for 836-838 8th Street

Community Name
West Bremerton
School District
Bremerton #100c
Year Built Numeric
1933

Location

Listing Courtesy of Up Realty Inc.

Property Details for 836-838 8th Street

StatusPending
MLS #1685120
Days on Market92
Taxes$2,441 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1933
Lot Size0.20 AC / 8,712 SF
CountyKitsap County

Listing Agent

Keegan Burmark

Keegan Burmark

Up Realty Inc.

uprealty@uprealtyinc.com

P: 253.279.4687

Contact Agent(s)

Location

Listing Courtesy of Up Realty Inc.

Building Information for 836-838 8th Street

Stories-Residences10Year Built1933Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$4,892 per month

30 year fixed, 2.95% Interest

Principal and Interest

$4,688

Property Taxes

$203

HOA Dues

$0

Property Information for 836-838 8th Street

Summary
    Location and General Information
  • Style: 56 - 10+ Units
  • Area: 148 - West Bremerton
  • Street Number Numeric: 836
  • Street Name Free Text: 8th
  • County: Kitsap
  • City: Bremerton
  • Character: 98337
  • Sale Type: MLS
  • Directions: Go East on Burwell then North on Warren. Turn right on 8th St. Property is on your left.
  • Leased Items: Washer/Dryer
  • Property Sub Type: MULT
    Taxes and HOA Information
  • Tax Year: 2019
    Parking
  • Number of Garage Spaces: 0
  • Number of Carport Spaces: 0
Interior and Exterior Features
    Bathroom Information
  • Total Bathrooms: 0
  • Full Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Half Bathrooms: 0
  • Quarter Bathrooms: 0
    Bedroom Information
  • Approved Number of Bedrooms: 0
  • Bedrooms Count: 0.0
    Exterior Features
  • Exterior: Wood
  • Roof: Flat, Torch Down
Property
    Utilities
  • Energy Source: Electric, Natural Gas
  • Heating and Cooling: Forced Air
  • Sewer: Sewer Connected
  • Water Source: Public
  • Water/Sewer/Garbage: 6600
    Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Square Footage: 4256.0
  • Lot Square Footage: 8712
  • General Zoning Classification: Multi-Family
  • Total Finished SQFT: 0.0
    Lot Information
  • Lot Details: Alley, Curbs, Paved Street, Sidewalk
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 37600000060008
Multi Family
    Building Details
  • Total Number of Parking Spaces: 5
  • Number of Uncovered Spaces: 5
  • Number of Stories in Building: 1
  • Vacancy Rate: 3
    Financing / Income and Expenses
  • Electrical Expenses: $360
  • Total Expenses: $0
  • Gross Adjusted Income: $90,967
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: $93,780
  • Heating Expenses: $720
  • Insurance Expenses: $3,400
  • Net Operating Income: $77,446
  • Other Expenses: 0
  • Total Monthly Income: 7815
    Unit 1
  • Washer/Dryer Unit 1: N
  • Range/Oven Unit 1: Y
  • Refrigerator Unit 1: Y
  • Dishwasher Unit 1: N
  • Square Feet Unit 1: 400
  • Rent Unit 1: $5,865
  • Bedrooms Unit 1: 0
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 8.0
    Unit 2
  • Washer/Dryer Unit 2: N
  • Range/Oven Unit 2: Y
  • Refrigerator Unit 2: Y
  • Dishwasher Unit 2: N
  • Square Feet Unit 2: 450
  • Rent Unit 2: $975
  • Bedrooms Unit 2: 1
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1.0
    Unit 3
  • Washer/Dryer Unit 3: N
  • Range/Oven Unit 3: Y
  • Refrigerator Unit 3: Y
  • Dishwasher Unit 3: N
  • Square Feet Unit 3: 450
  • Rent Unit 3: $975
  • Bedrooms Unit 3: 1
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1.0
    Unit 4
  • Washer/Dryer Unit 4: N
  • Range/Oven Unit 4: N
  • Refrigerator Unit 4: N
  • Dishwasher Unit 4: N
  • Square Feet Unit 4: 0
  • Rent Unit 4: $0
  • Bedrooms Unit 4: 0
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 0.0
    Unit 5
  • Washer/Dryer Unit 5: N
  • Range/Oven Unit 5: N
  • Refrigerator Unit 5: N
  • Dishwasher Unit 5: N
  • Square Feet Unit 5: 0
  • Rent Unit 5: $0
  • Bedrooms Unit 5: 0
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 0.0
    Unit 6
  • Washer/Dryer Unit 6: N
  • Range/Oven Unit 6: N
  • Refrigerator Unit 6: N
  • Dishwasher Unit 6: N
  • Square Feet Unit 6: 0
  • Rent Unit 6: $0
  • Bedrooms Unit 6: 0
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 0.0

Property History for 836-838 8th St

DateEvent & SourcePriceAppreciation
Mar 19, 2021

Pending

NWMLS #1685120

Feb 3, 2021

Listed (Active)

NWMLS #1685120

Dec 21, 2020

Temporarily Off Market

NWMLS #1685120

DateEvent & SourcePrice
03/19/2021

Pending

NWMLS #1685120

02/03/2021

Listed (Active)

NWMLS #1685120

12/21/2020

Temporarily Off Market

NWMLS #1685120

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

Schools near 836-838 8th Street


SchoolTypeGradesDistanceRating
Our Lady Star of the Sea SchoolPrivatePK-80.4 mi
NR
Marantha Christian AcademyPrivatePK-40.4 mi
NR
Alta Vista SchoolPrivate7-120.4 mi
NR
Morgan Center SchoolPublic10-120.4 mi
NR

Our Lady Star of the Sea School

PK-8, 0.4 mi, Private

NR

Marantha Christian Academy

PK-4, 0.4 mi, Private

NR

Alta Vista School

7-12, 0.4 mi, Private

NR

Morgan Center School

10-12, 0.4 mi, Public

NR

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Up Realty 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.