Rare opportunity to own a quality multi-family building in one of the fastest growing markets in the Puget Sound. The property provides an incoming investor the potential to complete a value-add project while simultaneously achieving cash-flow, an exceedingly unique find in the PNW region. Situated within the largest cluster of Navy Bases in the NW, the area's largest employer and reliable source of tenants. Comprised of (six) 2bd/1bth units and features: in-unit W/D, private balconies, access to abundant nature, ample parking, and a peaceful setting. Solid operating history, no delinquencies, potential to achieve a 6.9 cap once stabilized at market expectations.
Sold
Listed by:
Tyler J. Bretz,
Urban Commercial Partners, LLC
$1,240,000
1690 NE Pleasant Street, Keyport, WA 98345
--beds
--baths
5,680sqft
Multi Family
Built in 1986
-- sqft lot
$1,354,500 Zestimate®
$218/sqft
$2,368 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 05, 2024 at 05:45am
Listed by:
Tyler J. Bretz,
Urban Commercial Partners, LLC
Bought with:
June Akiyama, 27357
John L. Scott, Inc.
Source: NWMLS,MLS#: 1931888

Facts & features
Interior
Features
- Flooring: Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 5,680
- Total interior livable area: 5,680 sqft
Property
Parking
- Total spaces: 9
- Parking features: Open
- Uncovered spaces: 9
Features
- Patio & porch: Forced Air, Wall to Wall Carpet
- Has view: Yes
- View description: Partial, Sound
- Has water view: Yes
- Water view: Sound
Lot
- Size: 0.35 Acres
- Features: Deck
Details
- Parcel number: 43660160130001
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Products
- Roof: Composition
Condition
- Average
- Year built: 1986
- Major remodel year: 1986
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Sewer Connected, Company: Kitsap County Public Works
- Water: Public, Company: PUD #1 of Kitsap County
- Utilities for property: Sewer Connected, Electric
Community & neighborhood
Location
- Region: Keyport
- Subdivision: Keyport
Other
Other facts
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 1011 days
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$1,354,500
2% more+ $27,090
With Zillow Showcase(estimated)
$1,381,590