$1,975,000
 $10,602 est/mo Sourced by Back At You

2821 2831 NE Center Street 1-8,Bremerton, WA 98310

Bremerton, WA 98310

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Description

INVESTOR ALERT! $$$ Turnkey 8-unit multifamily property located in a quiet Bremerton neighborhood near Naval Base Kitsap and the Puget Sound Naval Shipyard. The property and surrounding neighborhood show exceptionally well. Comprised of two well-maintained buildings, the property features four bright, townhouse-style units in each, all offering 2 bedrooms, 1 bathroom, an in-unit washer and dryer, and plenty of on-site parking. All eight units have been updated with a cohesive design and consistent color palette throughout. Ownership has invested approximately $590,000 in renovations, repairs, and capital improvements since 2022, including new roofs on both buildings, new furnaces in all units, updated kitchens and bathrooms, LVP flooring, interior and exterior paint, plumbing and electrical improvements, siding repairs, and select new windows, exterior doors, water heaters, and appliances. The property offers a stabilized 6.15% cap rate based on the existing leases and stated operating expenses, with additional upside as rents move toward market rates. A solid, turnkey investment ready to perform from day one!

Details

MLS #2563357
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1941
Days On Site16
Listing Provided ByKeller Williams Downtown Sea | Nicholas T. Vilvandre

Features

SQ Feet6,080
Story(s)2
Units8
ZoningCommercial,Multi-Family
Acreage0.36

Taxes

Property11420

Area Information

StateWA
CountyKitsap
CityBremerton
Zip Code98310
Area149 East Bremerton
Community NameEnetai
School DistrictBuyer To Verify
Elementary SchoolBuyer To Verify
High SchoolBuyer To Verify
Listing VS Median (in Enetai)
Price:
$1,975,000
low | high
Med:
$1,225,000
87.974683544304% of Average
sqft:
6,080
low | high
Med:
3,922
85.493421052632% of Average
$ / sqft:
$325
low | high
Med:
$297
58.552197250208% of Average
On site:
16
low | high
Med:
15
100% of Average
Sourced by Back At You

Market Activity 98310

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Learn More About This Property

StateWA
CountyKitsap
CityBremerton
Zip Code98310
Area149 East Bremerton
Community NameEnetai
School DistrictBuyer To Verify
Elementary SchoolBuyer To Verify
High SchoolBuyer To Verify
Listing VS Median (in Enetai)
Price:
$1,975,000
low | high
Med:
$1,225,000
87.974683544304% of Average
sqft:
6,080
low | high
Med:
3,922
85.493421052632% of Average
$ / sqft:
$325
low | high
Med:
$297
58.552197250208% of Average
On site:
16
low | high
Med:
15
100% of Average
Sourced by Back At You
Listing Updated: August 5, 2026 at 5:03:38 PM PDT