4410 NW Wedgewood Lane Unit #1-4, Bremerton, WA 98312
- $885,000
- 3,796
- SqFt
Listing courtesy of Destination Homes Northwest. Selling Office: John L. Scott, Inc..
- Sold Price
- $885,000
- List Price
- $895,000
- Status
- SOLD
- MLS#
- 2186705
- Closing Date
- Feb 20, 2024
- Days on Market
- 12
- Style
- 54 - 4-Plex
- Building Condition
- Very Good
- Finished SqFt
- 3,796
- Area Total SqFt
- 3796
- Annual Tax Ammount
- 5350
- Lot Size (sq ft)
- 3,485
- Sewer
- Sewer Connected
Property Description
FULLY RENOVATED in 2018. Major improvements to exterior include new 30-year comp roof, new gutters, waterproof balconies, paint. Interiors renovated with NEW solid wood cabinetry, wide-plank laminate flooring, countertops w/tile backsplash, BEAUTIFUL tile showers, hardware, LED lighting, plumbing fixtures, etc. Modern systems: copper plumbing & copper electrical. GREAT LOCATION! Proximity to Silverdale/Bremerton, desirable CK Schools, naval bases, & easy access to freeway have kept vacancy near 0% for entire length of ownership. New owner will get a TURNKEY ASSET with all the heavy lifting done. Most recent lease signed at $1,705 which leaves new owner opportunity to raise other 3 units to market rent & possibility of charging for parking.
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Additional Information
- List Date
- 2024-02-08 00:00:00
- Community
- Erlands Point
- Net Operating Income
- $62,902
- Gross Adjusted Income
- $79,260
- Gross Scheduled Income
- $79,260
- Total Monthly Income
- $6,555
- Insurance Expenses
- $1,993
- Water/Sewer/Garbage Expenses
- $5,055
- Gross Rent Multiplier
- 11.29
- Total Expenses
- $16,358
- Cap Rate
- 7.03
- Total Number of Units
- 4
- Unit Name
- 4410
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1986
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
- Other Expenses
- 3960
- Energy Source
- Electric
- School District
- Central Kitsap #401
- Total Monthly Income
- $6,555
- Gross Scheduled Income
- $79,260
- Gross Adjusted Income
- $79,260
- Tax Year
- 2023
- Insurance Expense
- $1,993
- W/S/G Expenses
- $5,055
- Total Expenses
- $16,358
- Net Operating Income
- $62,902
- Gross Rent Multiplier
- 11.29
- Cap Rate
- 7.03
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.