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Listed by: Dennis Balduf (360) 649-5053 | REally Properties Inc (360) 769-3333
$1,950,000
Monthly Est:$9,706
13 Beds
12 Baths
8,602sqft
1215 Burwell St, Bremerton, WA 98337
$1,950,000
$9,706/moEst:
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Multi Family
Built in 1908
$-- HOA
12,632 sqft lot
$227/sq.ft
Description
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.
- Houzeo last checked: 11 hours ago
- Listing updated: September 21, 2026 at 4:27 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2520059
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1908
HOA Fees
-
Finished Area
8,602 sqft
Lot Size
12,632 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2520059
MLS Status
Active
Days on Market
147
Cumulative Days on Market
147
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 13
Bathrooms: 12
Interior
Heating
Baseboard, Ductless, Forced Air, Wall Furnace
Cooling
Ductless, None
Sewer
Sewer Connected
Flooring
Ceramic Tile, Hardwood, Laminate, Vinyl, Carpet
Exterior Features
Cement Planked, Wood
Construction
Year Built
Year Built: 1908
Home type
Multi Family
Roof
Composition
Foundation Details
Poured Concrete
Property Condition
Good
Construction Materials
Cement Plank, Wood
Utilities & Energy
Water Source
Public
Security Features
Partially Fenced
Other Features
Lot Features
Alley, Curbs, Paved, Sidewalk
Subdivision Name
Bremerton
Price History
| Date | Event | Price |
|---|---|---|
05/08/2026 Source: | Listed for Sale | $1,950,000 +95.00% $227/sqft |
07/29/2016 Source: | Sold | $1,000,000 $116/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
Advertising Broker: Christy Lee-Naumann (267) 341-8337 | Houzeo Brokerage LLC