About this property

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.