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$1,975,000
2563357 MLS ⋅ ACTIVE Status
INVESTOR ALERT! $$$ Turnkey 8-unit multifamily property located in a quiet Bremerton neighborhood near Naval Base Kitsap and the Puget Sound Naval Shipyard. The property and surrounding neighborhood show exceptionally well. Comprised of two well-maintained buildings, the property features four bright, townhouse-style units in each, all offering 2 bedrooms, 1 bathroom, an in-unit washer and dryer, and plenty of on-site parking. All eight units have been updated with a cohesive design and consistent color palette throughout. Ownership has invested approximately $590,000 in renovations, repairs, and capital improvements since 2022, including new roofs on both buildings, new furnaces in all units, updated kitchens and bathrooms, LVP flooring, interior and exterior paint, plumbing and electrical improvements, siding repairs, and select new windows, exterior doors, water heaters, and appliances. The property offers a stabilized 6.15% cap rate based on the existing leases and stated operating expenses, with additional upside as rents move toward market rates. A solid, turnkey investment ready to perform from day one!

2821 2831 NE Center Street Unit #1-8, Bremerton

Listing courtesy of Keller Williams Downtown Sea.

$159,000
2561882 MLS ⋅ ACTIVE Status
Private 1.77 Acres near Manette’s Art District and Illahee State Park! Binding Water Availability Letters just purchased from North Perry Avenue Water District for 6 lots that can be assumed by new Buyer! Begin laying out your site with your development team to build cottages, duplexes, multi-family, or single-family homes! Brand new privacy fence with gate for secure access. Parcel surveyed, corners staked, wetland delineated, and soil feasibility completed by ACME Septic Design to speed up the process! Water, electricity, and natural gas are available on NE 30th St & due South on Hillside Drive NE. Level-to-gentle building areas in the front with lightly sloped terrain toward the South of parcel. Adventure the outdoors with boating, fishing, paddle boarding, kayaking, swimming, and wildlife just steps away! Walk to Illahee State Park & explore Port Orchard Bay. Mins to Bremerton/Seattle Ferry Terminal, Manette District, naval base, schools, and shopping!

3 XXX NE 30th Street, Bremerton

Listing courtesy of Keller Williams Rlty Bellevue.

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