Listing ID: 1691182
Sold For: $440,000
Status: Closed
Address: 903 Highland Avenue
City: Bremerton
State: Washington
Postal Code: 98337
SqFt: 2,240
Acres: 0.100
County: Kitsap
Investment opportunity knocking! Live in one unit and rent the others or have an investment property. Minutes to the ferry, downtown Bremerton and PSNS. Views of the Manette Bridge and Puget Sound. Completely updated studio unit. New roofs on both buildings. Enjoy nearby coffee shops, parks, restaurants, shopping, and waterfront.

Primary Features

County: Kitsap
Price Before Reduction: 439900
Price Reduction Date: 2021-01-15T06:42:05+00:00
Property Sub Type: Multi-Family
Property Type: Residential Income
Subdivision: Bremerton
Year Built: 1939


Building Area Units: Square Feet
Furnished: Unfurnished
Heating Cooling Type: Baseboard, Forced Air
Living Area Units: Square Feet
Stories Total: 2


Elevation Units: Feet
Exterior Features: Wood Products
Foundation Details: Poured Concrete
Lot Features: Curbs, Paved, Sidewalk
Lot Size Square Feet: 4356
Lot Size Units: Square Feet
MLS Lot Size Source: County Records
Number Of Units Total: 3
Roof: Composition
Sewer: Sewer Connected
Sewer Company: City of Bremerton
Structure Type: Triplex
Style Code: 53 - Tri-plex
Units Below Grade: false
Units In Building Total: 3
Utilities: Cable Connected, Sewer Connected, Electricity Available
Water Company: City of Bremerton
Water Sewer Garbage: 2600
Water Source: Public


Building Area Total: 2240
Country: US
Elementary School: Naval Avenue Elem
High School: Bremerton High
High School District: Bremerton #100c
Middle Or Junior School: Mtn View Mid
MLS Area Major: 148 - West Bremerton
View: Partial, Sound
Waterfront: no
Zoning Jurisdiction: City


Amenities: Basement
First Right Of Refusal: yes
Mls Status: Sold
Offers: Seller intends to review offers upon receipt
Power Company: Puget Sound Energy
Power Production Type: Electric
Preliminary Title Ordered: yes
Property Condition: Average
Site Features: Cable TV


Buyer Financing: FHA
Cap Rate: 5.3
Gross Adjusted Income: 30900
Gross Rent Multiplier: 14
Gross Scheduled Income: 30900
Insurance Expense: 1200
Leasable Area: 1940
Leasable Area Units: Square Feet
Leased Items: None
Net Operating Income: 23750
Possession: Closing
Sale Type: MLS
Seller Disclosure: Provided
Special Listing Conditions: None
Tax Annual Amount: 3886
Tax Year: 2020
Total Expenses: 7686
Total Monthly Income: 2575

Zoning Info

Area Info

The database information herein is provided from the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. The information contained in this listing has not been verified by Heaton Dainard, LLC (2412) and should be verified by the buyer. © 2023 NWMLS. All rights reserved. Data last updated: Sunday, March 26th, 2023 05:47:41 PM.
Closed Listing courtesy of Fathom Realty WA, LLC
Closed Listing courtesy of Fathom Realty WA, LLC

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