Share this with your friends
+12534953939
Real Broker LLC
117 Sheridan Road Unit #A & B, Bremerton, WA 98310
- $465,000
- 1,878
- SqFt
Listing Broker: Adelbern Real Estate LLC; Keegan Burmark; ; Selling Office: The Carver Real Estate Group.
- Sold Price
- $465,000
- List Price
- $469,000
- Status
- SOLD
- MLS#
- 2476002
- Closing Date
- May 15, 2026
- Style
- 52 - Duplex
- Finished SqFt
- 1,878
- Area Total SqFt
- 1878
- Annual Tax Ammount
- 3047
- Lot Size (sq ft)
- 8,712
- Sewer
- Sewer Connected
Property Description
Add this strong 7.5% cap rate property to your portfolio! Build wealth over time by having your tenants pay your mortgage. This property features two THREE bedroom units. The simple, ground floor layout is versatile to many different renters. Plenty of lawn space and the property is only a short walk to Lion's Park and the waterfront. Conveniently located between the shipyard and Bangor, vacancy is always low! Olympic College and Seattle ferries are also close by! Lots of electrical upgrades recently completed including the panels.
Additional Information
- Community
- East Bremerton
- Net Operating Income
- $35,888
- Gross Adjusted Income
- $43,976
- Gross Scheduled Income
- $45,336
- Total Monthly Income
- $3,664
- Insurance Expenses
- $2,741
- Water/Sewer/Garbage Expenses
- $1,800
- Gross Rent Multiplier
- 10.48
- Total Expenses
- $8,088
- Cap Rate
- 7.5
- Vacancy Rate
- 3
- Total Number of Units
- 2
- Unit Name
- 117
- Potential Terms
- Cash, Conventional, Rehab Loan, VA Loan
- Year Built
- 1943
- View
- Partial, Sea
- Roof
- Composition
- Site Features
- Fenced-Partially, Gas Available, High Speed Internet, Outbuildings
- Other Expenses
- 500
- Energy Source
- Electric, Natural Gas
- School District
- Bremerton #100c
- Total Monthly Income
- $3,664
- Gross Scheduled Income
- $45,336
- Vacancy Rate
- 3
- Gross Adjusted Income
- $43,976
- Tax Year
- 2025
- Insurance Expense
- $2,741
- W/S/G Expenses
- $1,800
- Total Expenses
- $8,088
- Net Operating Income
- $35,888
- Gross Rent Multiplier
- 10.48
- Cap Rate
- 7.5
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.