I'm licensed as a real estate agent in NJ and as far as I know you can not market it as a legal bedroom if there is no access to the outdoors from the basement itself, i.e: a walk out basement or bilco door.

I would definitely not entertain an inflated price for a 15% carry ... if you do the math, you would probably be better off financing elsewhere and paying a price supported by the property's operations.

This area is also the stepping stone for all sorts of outdoor activities on the Kitsap Peninsula.

@Tina S.NEMA - National Electric Manufacturer AssociationNEMA 3R is a standard for electrical equipment that allows the equipment to used outdoors.

If she wasn’t In Her 70s I wouldn’t even entertain the idea.

Entertaining read.  

They had buried lines and connected them to outdoor faucet and a 220 electrical box inside another property of mine adjacent to that property?

Please reach out or reply if you would entertain a conversation.

Spacious Bedrooms, bright den/office, large utility room, ductless heat & AC, tankless H2O heater, covered outdoor living area, huge patio & fully landscaped yard.

So, I have decided to list it for sale for about 3.5x what I paid for it 20 years ago, and I will roll that money into a different opportunity, that will most likely produce 2x the rent roll.I had traded up in NYC over the years, and finally bought the big condo with statue of Liberty views, outdoor spaces, deeded parking, etc., and honestly I now regret it.