• Listing status icon

    $1,107,500

  • Sold 9/15/17 | MLS#: 1134194
  • 7,464Sq Ft

114 11th & Highland Ave Bremerton, WA 98337

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Overview

Rare 120 waterfront development site! 9 units in 3 parcels (4th parcel also avail for 200K). $175K last 6 yrs: roofs, gutters, windows, HVAC, elec, plumb, etc. Water/mtn views, long-term tenants, rent increases in 30 days! Hold or develop now, this is a special block between Evergreen Park & Downtown. Zoned MF1 (40 ht), potential 4-story bldg. Fast ferry (28 min Brem-to-Seattle) coming July 2017 will boost values more! Great opportunity to get in on Bremerton renaissance!

Listing provided courtesy of: Brown Real Estate Group LLC

General Features

  • County Kitsap
  • Zoning Code Multi-Family
  • Style 55-5-9 Units
  • Number of Stories 2
  • Number of Units 9
  • Year Built 1917
  • Lot Details Corner Lot, Curbs, Paved Street, Sidewalk
  • Lot Square Footage 19,166
  • Site Features Fenced-Partially, Patio
  • Waterfront Bank-High
  • View Bay, City, Mountain, Sound, Territorial
  • County Kitsap

Building Features

  • Approx SqFt 7,464
  • Roof Built-Up, Compostion
  • Exterior Wood
  • Amenities Basement, Coin Op Laundry, Thermal Windows
  • Floor Covering Hardwood, Laminate Hardwood, Vinyl, Wall to Wall Carpet
  • Foundation Post and Pillar, Poured Concrete, See Remarks

Financials

  • Total Monthly Income $7,030
  • Net Operating Income $52,824
  • Gross Scheduled Income $84,360
  • Gross Adjusted Income $82,672
  • Total Expenses $29,848
  • Other Expenses $11,934
  • Insurance Expenses $2,796
  • Expenses $29,848
  • Gross Rent Multiplier 12

Utilities and Taxes

  • Tax Year 2016
  • Tax Amount $8,892
  • Energy Source Electric, Natural Gas
  • Heating and Cooling Baseboard, Forced Air, Ductless HP MiniSplit
  • Water Company City of Bremerton
  • Sewer Company Sewer Connected

Schools

  • School District Bremerton #100c

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Days on Market

  • This property was listed on the market for 11 days
  • Average days-on-market for homes between $799,996 - $1,199,994 = 39 (in zip code 98337)

Location

The property map location is: Approximated, identified to the street.

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Community Demographics for Zip Code 98337 (Bremerton)

Housing Occupancy
  • Home Owners: 1,130 (31%)
  • Renters: 1,853 (51%)
  • Vacant: 661 (18%)
  • Total Housing Units: 3,644
Households
  • Average Household Size: 2.14
  • Housing Density (People per square mile): 6,507
Age Range (number of people)
  • Age 0-14: 1,312
  • Age 15-24: 675
  • Age 25-39: 1,264
  • Age 40-59: 2,071
  • Age 60-79: 1,227
  • Age 80+: 218
  • Total: 6,767

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 98337 (Bremerton)

Public Schools in Zip Code 98337 (Bremerton)

* This list of schools may not match the property above.

BREMERTON HIGH SCHOOL 1500 13TH ST BREMERTON, WA 98337 Phone: 3604786033 9th-12th
Grade Size Distribution
  • 9th: 365
  • 10th: 343
  • 11th: 336
  • 12th: 366
School Population
  • Teachers: 73
  • Students per Teacher: 19.3
  • Students: 1410
  • Male/Female: 684/644
School District
  • BREMERTON SCHOOL DISTRICT
  • 134 MARION AVE NORTH BREMERTON, WA 98312
  • Phone: 3604731040
District Population
  • Schools: 13
  • Full-Time Teachers: 314
  • Students per Teacher: 16.1
  • Staff: 588
  • Students: 5061
MORGAN CENTER SCHOOL 1500 13TH ST BREMERTON, WA 98337 Phone: 3604785135 8th-12th
Grade Size Distribution
  • 9th: 2
  • 10th: 1
  • 12th: 6
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 9
  • Male/Female: 6/2
School District
  • BREMERTON SCHOOL DISTRICT
  • 134 MARION AVE NORTH BREMERTON, WA 98312
  • Phone: 3604731040
District Population
  • Schools: 13
  • Full-Time Teachers: 314
  • Students per Teacher: 16.1
  • Staff: 588
  • Students: 5061

Private Schools in Zip Code 98337 (Bremerton)

* This list of schools may not match the property above.

ALTA VISTA 245 4TH ST SUITE 502 Bremerton, WA 98337 Phone: 3604797438 8th-12th
Grade Size Distribution
  • 8th: 2
  • 9th: 3
  • 10th: 6
  • 11th: 3
  • 12th: 5
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 19
OUR LADY STAR OF THE SEA CATHO 511 Veneta Ave Bremerton, WA 98337 Phone: 3603735162 K-8th
Grade Size Distribution
  • Knd: 21
  • 1st: 26
  • 2nd: 26
  • 3rd: 17
  • 4th: 24
  • 5th: 13
  • 6th: 17
  • 7th: 16
  • 8th: 6
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 166

* School data provided by US Department of Education


This property search is part of the RE/MAX Pacific Northwest website. Listing information is courtesy of the WA-NWMLS and RE/MAX Pacific Northwest. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2017. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.
NWMLS DCMA Notice



* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional

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