Active · Residential Income

2821 2831 NE Center Street #1-8, Bremerton, WA 98310

Bremerton, WA 98310

$1,825,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Keller Williams Downtown Sea · MLS #2588884 · Active

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About this property

Updated 8-unit property in Bremerton near Naval Base Kitsap and the Puget Sound Naval Shipyard. Two buildings with four townhouse-style units each, all offering 2 bedrooms, 1 bathroom and approximately 760 SF. Total building area of 6,080 SF with 18 on-site parking spaces. In-unit washer/dryer in seven units. Approximately $590,000 invested in renovations, repairs and capital improvements since 2022, including roof replacements on both buildings, new furnaces, updated kitchens and bathrooms, LVP flooring, interior/exterior paint, plumbing and electrical improvements, siding repairs, and select replacement windows, doors, water heaters and appliances. Additional work includes septic repairs and maintenance, crawlspace improvements and insulation. -$$- Offering a stunning projected 6.72% cap rate based on reviewed income and expenses.

Property details

Property type: Multi Family
Year built: 1941
Lot size: 15,682 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $11,420 (2025)
Parking spaces: 18
School district: Bremerton #100c

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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