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Listed by:Keller Williams Downtown Sea • Nicholas T. Vilvandre
$ 1,825,000
Est. payment | /mo
12 Beds
6 Baths
0.36 Acres Lot
$ 1,825,000
Est. payment | /mo
12 Beds
6 Baths
0.36 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Enetai
MLS Listing ID 2590023
Style 61 - Comm Bldg Ovr 10K
Bedrooms 12
Year Built 1941
Annual Tax Amount $11,420
Lot Size 0.360 Acres
Property Sub-Type Commercial Industrial
Property Description
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.
Location
State WA
County Kitsap
Area 149 - East Bremerton
Interior
Flooring Vinyl Plank
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Roof Type Composition
Building
Sewer Septic Tank
Water Community, Public
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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