Skip To Content

704 12th Street , 1-15

Bremerton, WA 98337
  • $1,700,000
  • STATUS: Pending Feasibility
  • MLS #: 2231487
Under Contract
UPDATED: 94 min ago
$1,700,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,980
    SQFT
  • $189
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1938
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logo Listing information ©2024 Northwest MLS. Listing courtesy of Multifamily Properties.
Mortgage Calculator is provided by BoomTown.

Description

The Wedgewood Apartments is a 1938 vintage 15-unit apartment building with so much character and potential. The property is centrally located near Olympic College, Bremerton High School & Evergreen Rotary Park. It is also only a few minutes from downtown Bremerton, the ferry and the shipyard. The Wedgewood has a great unit mix of mostly studio and 1-bedroom units along with one 2-bedroom apartment. This is an extremely rare opportunity for a mid-sized multifamily in Kitsap County. Properties this size do not trade very frequently. This is a heavy value-add prospect that allows new ownership to rehabilitate and capture top rents in a low supply market.

Monthly Payment Calculator



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Reuben Bray Homes | Realty One Group Prestige are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-07-15T09:15:41.357. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-07-15T09:15:41.357. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.reubenbrayhomes.com/homes/150547424
Print Image

704 12th Street , 1-15 Bremerton, WA 98337

  • Price: $1,700,000
  • Status: Pending Feasibility
  • On Site: Days
  • Updated: 94 min ago
  • MLS #: 2231487
0
Beds
0
Baths
0
½ Baths
0.1
Acres
8,980
SQFT
$189
$/SQFT
1938
Built
Neighborhood:
West Bremerton
County:
Kitsap
Area:
West Bremerton
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
School District:
Bremerton #100c
Property Description
The Wedgewood Apartments is a 1938 vintage 15-unit apartment building with so much character and potential. The property is centrally located near Olympic College, Bremerton High School & Evergreen Rotary Park. It is also only a few minutes from downtown Bremerton, the ferry and the shipyard. The Wedgewood has a great unit mix of mostly studio and 1-bedroom units along with one 2-bedroom apartment. This is an extremely rare opportunity for a mid-sized multifamily in Kitsap County. Properties this size do not trade very frequently. This is a heavy value-add prospect that allows new ownership to rehabilitate and capture top rents in a low supply market.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features BrickStucco Lot Features Corner LotPavedSidewalk Open Parking Spaces 0 Open Parking YN No Parking Total 0 Parking Uncovered Spaces 0 Roof Composition Structure Type Multi Family Style Code 56 - 10+ Units View YN No Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 8980 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Heating Other – See Remarks Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities BasementCoin Op Laundry Association Fee 0 Association YN No Energy Source ElectricNatural Gas FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 145221 New Construction YN No Possession Closing Power Production Type ElectricNatural Gas Property Condition Fixer Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Sewer Company City of Bremerton Special Listing Conditions None Tax Annual Amount 13816 Tax Year 2024 Units In Building Total 15 Water Company City of Bremerton Water Source Public Year Built Effective 1938 Zoning Jurisdiction City



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Reuben Bray Homes | Realty One Group Prestige are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-07-15T09:15:41.357. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-07-15T09:15:41.357. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2231487-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2231487-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2231487-1.jpg
Logo
Reuben Bray Homes | Realty One Group Prestige
11818 SE Mill Plain Blvd Ste. 403
Vancouver WA, 98684
Northwest MLS logo Listing information ©2024 Northwest MLS. Listing courtesy of Multifamily Properties.
Mortgage Calculator is provided by BoomTown.