Listed by The Foundation Group LLC, Bought with Emerald Real Estate Group Inc.
NOT LISTED FOR SALE

136 S Cambrian Ave Bremerton, WA 98312

-- Bed
-- Bath
3,937 Sq Ft
9,148 Sq Ft Lot

Last Sold July 26, 2022

Last sale price $1,485,000 $377 Per Sq Ft

10 Days on Market

Highlights

  • No HOA
  • Wall to Wall Carpet
  • 3-minute walk to Forest Ridge Park
  • Wood Siding

About This Home

As of July 2022

Cambrian Apartments - located in the Charleston neighborhood of Bremerton is a fully-occupied top performer property with 9 efficient 1B/1B units. Market cap rate of 6.52% with easily achieved market rent of $1,175. Charming interiors which have remained relatively untouched since 1940 adorned with arched entries into kitchens and cozy floor plans. The property has been owner managed and well-maintained but a few significant updates to the property include new roof in 2022, gutters replaced in 2022, and a Weil-McLain boiler three years ago. Property has four uncovered parking spaces and five garages (4 vacant). Value-add component lies with implementing utility billbacks, lease the garages, and increase rents to market rate.

Last Agent to Sell the Property

Ethan Szmania

The Foundation Group LLC License #125178 Listed on: 05/16/2022

Co-Listed By

Aaron Locke

The Foundation Group LLC License #107646

Last Buyer's Agent

Miriam Mayer

Emerald Real Estate Group Inc. License #18665

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1933748

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,813

Year Built

  • Built in 1940

Lot Details

  • 9,148 Sq Ft Lot
  • Property is in average condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,937 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet

Parking

  • 9 Parking Spaces
  • 5 Covered Spaces
  • Open Parking

Community Details

  • No Home Owners Association
  • Charleston Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37320030140007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,813

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1940
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3937
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 375

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 5
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 9
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Natural Gas Connected
  • WaterSewerGarbage: 8850

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bremerton #100c

Lot Info

  • Parcel Number: 37320030140007
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9148
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Kitsap County Parcel Viewer
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 9325

Multi Family

  • Gross Scheduled Income: 111900
  • Net Operating Income: 71917
  • Number Of Units Total: 9
  • Insurance Expense: 5000
  • Leasable Area: 4450
  • EnergySource: Natural Gas
  • UnitsInBuildingTotal: 9
  • UnitsBelowGrade: true
  • VacancyRate: 3

Tax Info

  • Year: 2022
  • Tax Annual Amount: 7813

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2022 07/26/22 Sold $1,485,000 +4.2% $377 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $1,425,000 -- $362 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ethan Szmania

    Seller's Agent in 2022

    Ethan Szmania

    The Foundation Group LLC

    (206) 774-5419

    31 Total Sales

    Ethan Szmania
    Section Image
  • Aaron Locke

    Seller Co-Listing Agent in 2022

    Aaron Locke

    The Foundation Group LLC

    (206) 774-5436

    22 Total Sales

    Aaron Locke
    Section Image

  • M

    Buyer's Agent in 2022

    Miriam Mayer

    Emerald Real Estate Group Inc.

    (360) 271-0284

    42 Total Sales

    Miriam Mayer
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1933748

Northwest Multiple Listing Service (NWMLS)
Washington Kitsap County Bremerton 98312

136 S Cambrian Ave, Bremerton, WA

This home is located at 136 S Cambrian Ave, Bremerton, WA 98312 since 16 May 2022. This property was built in 1940. 136 S Cambrian Ave is a home located in Kitsap County with nearby schools including West Hills S.T.E.M. Academy, Mountain View Middle School, and Bremerton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

Nearby Homes