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  • 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

    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.

    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#: 1931888MLS Logo

    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