1345 Elizabeth AVE Active

Bremerton,WA 98337

$ 895000

1 Bed

7 Baths

3662 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,662 sqft

Price per Sqft $244

Subdivision Bremerton

MLS Listing ID 2343185

Style 55 - 5-9 Units

Bedrooms 1

Year Built 1920

Annual Tax Amount $6,189

Lot Size 3,049 Sqft

Property Sub-Type Multi Family

Property 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!

Location

State WA

County Kitsap

Area 148 - West Bremerton

Interior

Flooring Vinyl,Carpet

Exterior

Exterior Feature Wood,Wood Products

View Y/N No

Roof Type Composition

Building

Lot Description Curbs,Paved,Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Naval Avenue Elem

Middle Schools Mtn View Mid

High Schools Bremerton High

School District Bremerton #100C

Others

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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