Discover a prime investment opportunity with this 7-unit apartment complex, offering consistent rental income potential year-round.The property's location ensures a steady flow of tenants, with Olympic College, the Bremerton-Seattle ferry, and the Puget Sound Naval Shipyard all within minutes of the property. A new roof was installed in 2015 and select units were remodeled in 2018.There is a spacious laundry room with coin operated machines for additional revenue. Each unit has additional storage available. Three of the units have designated parking spaces available. Evergreen Park is a block from the property for tenants who enjoy outdoor activities. Currently at an 8% cap rate!
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LAST UPDATED
|
4/18/2025
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NEIGHBORHOOD
|
Bremerton
|
|
YEAR BUILT
|
1920
|
COMMUNITY
|
Bremerton
|
|
COUNTY
|
Kitsap
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
| Elementary School |
Naval Avenue Elem |
| Jr. High School |
Mtn View Mid |
| High School |
Bremerton High |
| AIR |
None |
| AREA |
148 - West Bremerton |
| BASEMENT |
Yes |
| CONSTRUCTION |
Wood Siding |
| HEAT |
Electric, Forced Air |
| LOT |
3049 sq ft |
| LOT DESCRIPTION |
Curbs, Paved, Sidewalk |
| MLS STATUS |
Active |
| STORIES |
2 |
| STYLE |
55 - 5-9 Units |
| SUBDIVISION |
Bremerton |
| TAXES |
6189 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
| ZONING |
Multi-Family,Residential |
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