6 months on rocket

704 12th St Unit 1-15, Bremerton, WA, 98337

$1,700,000

Home List Price

$10,000*

Closing Credit

0 Baths
8,980 SqFt
$189/SqFt
House

Location

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704 12th St Unit 1-15, Bremerton$1,700,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Year Built1938
CoolingNone
MLS #2231487
Lot Size0.10 Acres
StatusActive

About 704 12th St Unit 1-15

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.

Property Details

Property Features

Property Information:

  • Year Built: 1938
  • Stories: 2
  • Living Area: 8,980 SqFt

Listing Office:

  • Office Name: Multifamily Properties
  • Office Phone: (206) 250-6961
  • Listing Agent: Brandon M Vukelich

Exterior Features

Exterior Information:

  • Exterior: Brick, Stucco

Lot Features

Lot Information:

  • Lot: Corner Lot, Paved, Sidewalk
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: WA-3 N. Take WA-304 E and Burwell St to 12th St in Bremerton

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,700,000
  • Price Per SqFt: $189/SqFt
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Housing Market Comparison

See how this home compares to others in Bremerton, WA.

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Bremerton, WA

City

Med. Sold Price

$468.3K

Med. Price/SqFt

$273

Avg. Days On Market

40

# of Sold Homes

110

704 12th St Unit 1-15 vs Bremerton

184 DAYS ON ROCKET

+144 Days

$1,700,000

+$1.2M More

$189/SqFt

-$84 Less

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $84/SqFt less than other homes in Bremerton, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2231487

Listing Office:

  • Office Name: Multifamily Properties
  • Office Phone: (206) 250-6961
  • Listing Agent: Brandon M Vukelich

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

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.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/16/2024, 1:47:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-72770
1
/10

  • Naval Avenue Elementary School

  • 900 Olympic Ave

  • 0.90 miles

  • Public District Grades PK-3

school-card-donut-72771
3
/10

  • Armin Jahr Elementary School

  • 800 Dibb St

  • 1.46 miles

  • Public District Grades KG-5

school-card-donut-72772
5
/10

  • View Ridge Elementary Arts Academy

  • 3250 Spruce Ave

  • 1.47 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,984. The most common annual income of people living in Bremerton, WA is less than $35k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 704 12th St Unit 1-15

What is the listing price of this property?

The listing price of 704 12th St Unit 1-15 property is $1,700,000.

What type of property is this?

The property 704 12th St Unit 1-15 is a house located in Bremerton, Washington, 98337.

Is this property for sale now?

Active Listing: 704 12th St Unit 1-15 is For Sale (Active/New) which means the seller is accepting offers.

What is the square footage of this property?

The property 704 12th St Unit 1-15 is 8,980 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 704 12th St Unit 1-15 is 1938.

Rocket Homes›Washington›Kitsap County›Bremerton›98337›704 12th St Unit 1-15

This home is located at 704 12th St Unit 1-15 in Bremerton, WA and zip code 98337 in the Park Place neighborhood. This 8,980 square foot home, which was built in 1938, sits on a 0.10 acre lot. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $1,700,000.

In October 2024 more than 34 listings in Bremerton, WA were sold above the asking price. During the same period more than 32 listings were sold at asking price, while more than 44 were sold below. The inventory of homes for sale in Bremerton, WA between September 2024 and October 2024 decreased by 2.1%. Listings spent 40 days on the market in October 2024, and had a median list price of $468,308 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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