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Real Broker LLC
2821 2831 NE Center Street Unit #1-8, Bremerton, WA 98310
- $1,825,000
- 6,080
- SqFt
Listing Broker: Keller Williams Downtown Sea; Nicholas T. Vilvandre; 206-612-7883; nvilvandre@kw.com
- List Price
- $1,825,000
- Status
- ACTIVE
- MLS#
- 2588884
- Days on Market
- 55
- Style
- 55 - 5-9 Units
- Finished SqFt
- 6,080
- Area Total SqFt
- 6080
- Annual Tax Ammount
- 11420
- Lot Size (sq ft)
- 15,682
- Sewer
- Septic Tank
Property Description
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.
Additional Information
- List Date
- 2026-08-11 16:43:11
- Community
- Enetai
- Net Operating Income
- $122,616
- Gross Adjusted Income
- $156,558
- Gross Scheduled Income
- $161,400
- Total Monthly Income
- $13,450
- Insurance Expenses
- $3,162
- Water/Sewer/Garbage Expenses
- $10,500
- Gross Rent Multiplier
- 11.31
- Total Expenses
- $33,942
- Cap Rate
- 6.72
- Vacancy Rate
- 3
- Total Number of Units
- 8
- Unit Name
- 2821 2831
- Potential Terms
- Cash, Conventional
- Year Built
- 1941
- Roof
- Composition
- Electric Expenses
- 1100
- Other Expenses
- 7160
- Energy Source
- Electric, Natural Gas
- School District
- Bremerton #100c
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $13,450
- Gross Scheduled Income
- $161,400
- Vacancy Rate
- 3
- Gross Adjusted Income
- $156,558
- Tax Year
- 2025
- Insurance Expense
- $3,162
- W/S/G Expenses
- $10,500
- Total Expenses
- $33,942
- Net Operating Income
- $122,616
- Gross Rent Multiplier
- 11.31
- Cap Rate
- 6.72
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.