Sold

Listed by: Kidder Mathews

Bought with: Solution Partners NW

$1,575,000

1215 Gregory Way, Bremerton, WA 98337

16beds

12baths

--sqft

Multi Family

Built in 1959

-- sqft lot

$1,464,600 Zestimate^®

$--/sqft

$2,352 Estimated rent

Home value

$1,464,600

$1.26M - $1.71M

$2,352/mo

Zestimate^® history

Owner options

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$2,352/mo

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$2,352/mo

Rent Zestimate^®

Refinance and save

$9,535/mo

Est. payment

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$9,535/mo

Est. payment

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What's special

Built in 1959, this two story 12-unit community is comprised of one and two-bedroom units averaging 625 SF. An extremely rare value-add opportunity, the Phillips apartments are being offered to investors roughly 84% vacant. New ownership will have the opportunity to begin their interior renovation program immediately upon purchase. Walking distance from the Bremerton shipyard, Navy Museum, Bremerton ferry and most local retail – the Phillips apartments are extremely centrally located. This value-add offering is well positioned to provide new ownership with immediate equity upon completing interior renovations and the releasing of vacant units.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 16
Bathrooms: 12

Heating

Forced Air, Electric

Cooling

None

Features

Flooring: Laminate
Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Total spaces: 10
Parking features: Open
Uncovered spaces: 10

Lot

Size: 8,712 sqft

Details

Parcel number: 3785001005008
Zoning description: Residential,Jurisdiction: City
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick
Foundation: Poured Concrete
Roof: Flat

Condition

Fixer
Year built: 1959
Major remodel year: 1959

Utilities & green energy

Sewer: Sewer Connected

Community & neighborhood

Location

Region: Bremerton
Subdivision: Bremerton

Other

Other facts

Listing terms: Conventional
Cumulative days on market: 103 days

Price history

Date	Event	Price
3/29/2024	Sold	$1,575,000-12.5%
Source: NWMLS as distributed by MLS GRID #2195601 Report a problem
2/12/2024	Pending sale	$1,800,000
Source: NWMLS as distributed by MLS GRID #2195601 Report a problem
1/31/2024	Listed for sale	$1,800,000+380%
Source: NWMLS as distributed by MLS GRID #2195601 Report a problem
6/5/2001	Sold	$375,000
Source: NWMLS as distributed by MLS GRID #20148060 Report a problem