Listed by Dennis Balduf, REally Properties Inc
- 8,602
- Square feet
- $227
- Per sq ft
- Multi Family
- Type
- 1908
- Year built
- 12,632 sq ft
- Lot
- 67
- Days on market
About this property
Investor Alert!!! This 11 unit complex on 2 tax parcels is ideally located minutes away from the PSNS State Street Gate offering convenient access to Ferries, PSNS, and all that downtown Bremerton has to offer (fabulous new restaurants, shops, nightlife, Beautiful waterfront parks and marina....MORE). This Stabilized asset boasts a TRUE 6.4% cap rate INCLUDING: Management (10%), Maintenance and Repairs, Utilities, Taxes and Insurance....you won't find many properties that pencil this well when you are honest about your expenses. Self managing these units would provide a cap rate over 7.3%!! Storage available for tenants to rent for additional income as well as 5 garage spaces. Fully updated in the 2010's these units show well and rent easily. Dual paned windows in all units, Heat pump in one unite and Gas heat in the 6 unit building. These units show well and rent easily due to the location and condition. No internal showings until mutual acceptance.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2520059
- Listed
- May 7, 2026
- Days on market
- 67
- Price per sq ft
- $227
Unit & building
- Stories in building
- 2
- Units in building
- 11
Parking
- Covered spaces
- 5
- Total spaces
- 11
Construction
- Year built
- 1908
- Style
- 56 - 10+ Units
- Structure
- Multi Family
- Roof
- Composition
Heating & cooling
- Heating
- BaseboardDuctlessForced AirWall Furnace
- Cooling
- DuctlessNone
- Energy source
- ElectricNatural Gas
Flooring
- Flooring
- Ceramic TileHardwoodLaminateVinylCarpet
Lot
- Lot features
- AlleyCurbsPavedSidewalk
- Lot size
- 12,632 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- City of Bremerton
- Sewer
- City of Bremerton
- Power
- Puget Sound Energy
Schools
- District
- Bremerton #100c
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Multi Family
- Composition
- Baseboard
- Ductless
- Forced Air
- Wall Furnace
- None
- Electric
- Natural Gas
- Ceramic Tile
- Hardwood
- Laminate
Listing history
Listed
$1,950,000
May 7, 2026
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$11,355
- Principal & interest
- $9,860
- Property tax (est.)
- $1,495
Assumes $390,000 down (20%), a $1,560,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
Similar nearby listings
$2,275,000
6254 Chico Way NW
Bremerton, WA
$1,500,000
11111 Seabeck Highway
Bremerton, WA
$2,475,000
1303 Lakehurst Drive
Bremerton, WA
$1,850,000
0 Highway 3
Bremerton, WA
$2,050,000
3026 Marine Drive
Bremerton, WA
$1,950,000
126 Lilac Lane
Bremerton, WA
Based on information submitted to the MLS GRID as of July 13, 2026 at 11:15 PM PDT. 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.