1345 Elizabeth Avenue
Bremerton, WA 98337
3662 sqft | 0.07 acres | #2343185
Description
Discover a prime investment opportunity with this 7-unit apartment complex, offering consistent rental income potential year-round.The property's location ensures a steady flow of tenants, with Olympic College, the Bremerton-Seattle ferry, and the Puget Sound Naval Shipyard all within minutes of the property. A new roof was installed in 2015 and select units were remodeled in 2018.There is a spacious laundry room with coin operated machines for additional revenue. Each unit has additional storage available. Three of the units have designated parking spaces available. Evergreen Park is a block from the property for tenants who enjoy outdoor activities. Currently at an 8% cap rate!
Property Details
- Lot DescriptionCurbs, Paved, Sidewalk
- Exterior MaterialsWood, Wood Products
- InteriorWall to Wall Carpet
- Elementary SchoolNaval Avenue Elem
- FoundationPoured Concrete
- Sewer InformationSewer Connected
- School DistrictBremerton #100c
- Style55 - 5-9 Units
- High SchoolBremerton High
- Date ListedMarch 12, 2025
- Middle SchoolMtn View Mid
- Property SubtypeMulti Family
- Structure TypeMulti Family
- SubdivisionBremerton
- Original List Price$895,000
- MLS #2343185
- MLS #2343185
- Utility SourcePublic
- CountyKitsap
- Taxes Annual$6,189
- Cost895000
- Acres0.07
- Square Feet3662
- Year Built1920
- Property ConditionGood
- Days on Market (Cumulative)27
- Stories2
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-04-09 01:51:10. 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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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Brett W Warner (#NWM77873)
Listing Office: Coldwell Banker Bain (#NWM9325)
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