1327 Park Avenue, Bremerton, WA 98337

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Listing Broker: The Joseph Group; Ryan Gardner; 425-346-0597; ryan.gardner@thejosephgroup.com

List Price
$475,000
Status
ACTIVE
MLS#
2587191
Days on Market
7
Style
52 - Duplex
Finished SqFt
3,480
Area Total SqFt
3480
Annual Tax Ammount
4154
Lot Size (sq ft)
8,712
Sewer
Sewer Connected

Property Description

Incredible opportunity to own this 3,000+ SF Cape Cod duplex with water views, leased and ready for you! Located across from Evergreen Park with views of the Port Washington Narrows. Wonderful location with beach access and activities all around. This home offers 5 bedrooms, 3 baths, plus extra rooms. Spacious daylight basement with plenty of storage and 2 garages. Both units are rented at a great cap rate, with room to raise rents for added upside. Also an excellent owner-occupied option: live in one unit and rent out the other. Minutes to the ferry, downtown Bremerton, and all amenities.

Additional Information

List Date
2026-09-25 20:28:12
Community
Bremerton
Net Operating Income
$31,520
Gross Scheduled Income
$34,920
Total Monthly Income
$2,910
Gross Rent Multiplier
13.6
Total Expenses
$4,154
Cap Rate
6.6
Vacancy Rate
5
Total Number of Units
2
Unit Name
1327
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1930
View
Territorial
Roof
Composition
Site Features
Fenced-Partially, Outbuildings
Energy Source
Electric, Natural Gas
School District
Bremerton #100c
Elementary School
Naval Avenue Elem
Middle School
Mtn View Mid
High School
Bremerton High
Total Monthly Income
$2,910
Gross Scheduled Income
$34,920
Vacancy Rate
5
Tax Year
2025
Total Expenses
$4,154
Net Operating Income
$31,520
Gross Rent Multiplier
13.6
Cap Rate
6.6
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.
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