Estimated payment $5,593/month
7-plex features four units with 0 bedroom and 1 bathroom, two units with 1 bedroom and 1 bathroom, and one unit with 2 bedrooms and 2 bathrooms. Current long-term tenants are on month-to-month lease. This investment offers a unique opportunity to add value without any updates to the building or units. The rents are significantly below market and can be increased by an average of 15% to meet current market rents. Current Cap Rate of 6.92% would be raised to 8.43%! Opportunity to renovate and increase rent even more in the future. DSCR loans available. DO NOT DISTURB TENANTS!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2425557
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | For Sale | $949,900 | 0.0% | $338 / Sq Ft |
| 05/30/2025 05/30/25 | For Rent | -- | -- | -- |
$948,000
Seize this rare chance to own a 5-unit property with water views, perfectly located in the heart of downtown Bremerton. Situated on a charming corner lot just steps from the Manette Bridge, this property offers unparalleled rental appeal. Walk to the Bremerton ferry, making it ideal for commuters, PSNS employees and those who enjoy a vibrant downtown atmosphere. Updated with fresh paint and
Erik Hunter Coldwell Banker Bain
$715,000
Mid-century modern charm meets functional versatility in this updated 1-story home on two tax parcels, offering a main residence 1530 Sqft, & detached legal ADU, 800 Sqft, above the 960 Sqft garage. Hardwood floors & abundant light flow through an open-concept main house with renovated kitchen, solar tubes, and French door that lead to an entertainer’s deck and patio. The permitted ADU offers
Jana Salmans John L. Scott, Inc.
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2425557
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