Provided by NWMLS, Listed by Multifamily Properties

Active

704 12th Street #1-15

Bremerton WA, 98337

$1,490,000


$165.92 per sqft

Active

8,980 sqft

Multi-family

Built in 1938

The Wedgewood Apartments is a 1938 vintage 15-unit apartment building with so much character and potential. The property is centrally located near Olympic College, Bremerton High School & Evergreen Rotary Park. It is also only a few minutes from downtown Bremerton, the ferry and the shipyard. The Wedgewood has a great unit mix of mostly studio and 1-bedroom units along with one 2-bedroom apartment. This is an extremely rare opportunity for a mid-sized multifamily in Kitsap County. Properties this size do not trade very frequently. This is a heavy value-add prospect that allows new ownership to rehabilitate and capture top rents in a low supply market.

2231487

MLS ID

May 15, 2024

Listed

December 4, 2024

Updated

Map

704 12th Street #1-15
Bremerton WA, 98337

Interior Features

Total Stories

2


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Other See Remarks

Exterior/Building Features

Lot Size

0.1 Acres


Exterior Features

Brick, Stucco


Lot Features

Corner Lot, Paved, Sidewalk


Roof

Composition


Sewer

Sewer Connected

School Information

School District

Bremerton #100c


High School

Buyer To Verify


Elementary School

Buyer To Verify

Other Property Details

Area Name

148 - West Bremerton


Taxes

$13,816


Tax Frequency

Annually


Garage

No


Parking Total

0


View

No


County

Kitsap


Water Source

Public


Pool

No

Listing History

Date

Event

Price

12/3/2024

Price change

$1,490,000

-13%

11/27/2024

Active

11/19/2024

Pending

8/6/2024

Active

6/22/2024

Pending

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 12/26/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 12/26/2024 at 2:00 PM UTC . 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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Data last updated on 12/26/2024 at 2:00 PM UTC 

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