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1215 Gregory Way

Bremerton, WA 98337
  • $1,800,000
  • STATUS: Pending
  • ID#: 2195601
Under Contract
$1,800,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1959
County:

School Ratings & Info

School District:
Northwest MLS logoListing information ©2024 Northwest MLS. Listing courtesy of Kidder Mathews.
Mortgage Calculator is provided by BoomTown.

Description

Built in 1959, this two story 12-unit community is comprised of one and two-bedroom units averaging 625 SF. An extremely rare value-add opportunity, the Phillips apartments are being offered to investors roughly 84% vacant. New ownership will have the opportunity to begin their interior renovation program immediately upon purchase. Walking distance from the Bremerton shipyard, Navy Museum, Bremerton ferry and most local retail the Phillips apartments are extremely centrally located. This value-add offering is well positioned to provide new ownership with immediate equity upon completing interior renovations and the releasing of vacant units.

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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 Olsen Team | Keller Williams West Sound 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 2024-02-24T00:15:20.9. 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 2024-02-24T00:15:20.9. 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.findkitsaphomes.com/homes/147114674
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1215 Gregory Way Bremerton, WA 98337

  • Price: $1,800,000
  • Status: Pending
  • On Site: Days
  • ID#: 2195601
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1959
Built
Neighborhood:
Bremerton
County:
Kitsap
Area:
West Bremerton
School District:
Bremerton #100c
Property Description
Built in 1959, this two story 12-unit community is comprised of one and two-bedroom units averaging 625 SF. An extremely rare value-add opportunity, the Phillips apartments are being offered to investors roughly 84% vacant. New ownership will have the opportunity to begin their interior renovation program immediately upon purchase. Walking distance from the Bremerton shipyard, Navy Museum, Bremerton ferry and most local retail the Phillips apartments are extremely centrally located. This value-add offering is well positioned to provide new ownership with immediate equity upon completing interior renovations and the releasing of vacant units.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Brick Open Parking Spaces 10 Open Parking YN Yes Parking Total 10 Parking Uncovered Spaces 10 Roof Flat Structure Type Multi Family Style Code 56 - 10+ Units View YN No Waterfront YN No

Interior Features

Building Area Total 0 Cooling None Cooling YN No Fireplace YN No Flooring Laminate Heating Forced Air Heating YN Yes Interior Features Laminate Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Energy Source Electric First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Conventional Net Operating Income 151570 New Construction YN No Possession Closing Possible Use Residential Power Production Type Electric Property Condition Fixer Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 13140 Tax Year 2024 Units In Building Total 12 Year Built Effective 1959 Zoning Class Residential 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 Olsen Team | Keller Williams West Sound 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 2024-02-24T00:15:20.9. 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 2024-02-24T00:15:20.9. 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.
 
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Olsen Team | Keller Williams West Sound
3888 NW Randall Way, Suite #100
Silverdale WA, 98383
Northwest MLS logoListing information ©2024 Northwest MLS. Listing courtesy of Kidder Mathews.
Mortgage Calculator is provided by BoomTown.