1215 Burwell St

Bremerton, WA 98337
  • $1,950,000

    Price
  • 13

    Bed
  • 12

    Bath
  • 7,579

    SqFt

About the Listing 6805 - 10698

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.

Listing Highlights

Status Active
Days on Site 17
Property Type Multi-Family
MLS ® 2520059
Year Built 1908
Total Square Footage 7,579
Lot/Acreage 0.29
County Kitsap
Neighborhood Bremerton
School District Bremerton #100c

Interior Details

  • Bedrooms: 13
  • Bathrooms: 12 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces: 0
  • Floor: Ceramic Tile,Hardwood,Laminate,Vinyl,Carpet
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: City of Bremerton

Exterior Details

  • Lot Description: Alley,Curbs,Paved,Sidewalk,Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Patio,Zoning: Multi-Family,Residential
  • Garage Capacity: 5 car
  • Parking Spaces: 11
  • Zoning: Multi-Family,Residential
  • Roof: Composition
  • Others: Cement Planked,Wood,Good
  • Sewer: City of Bremerton

Financial Details

  • Tax Amount: $14,779
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 37850020200007
  • Tax Year: 2026

Payment Calculator

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Questions About..

1215 Burwell St Bremerton, WA 98337

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Originating MLS: nwmls

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