2821 NE Center Street #1-8, Bremerton, WA 98310
Local realty services provided by:ERA Skyview Realty
Listed by: nicholas t. vilvandre
Office: keller williams downtown sea
MLS#:2563357
Source:NWMLS
2821 NE Center Street #1-8,Bremerton, WA 98310
$1,925,000
- - Beds
- - Baths
- 6,080 sq. ft.
- Multi-family
- Active
Price summary
- Price:$1,925,000
- Price per sq. ft.:$316.61
About this home
INVESTOR ALERT! $$$ Turnkey 8-unit multifamily property located in a quiet Bremerton neighborhood near Naval Base Kitsap and the Puget Sound Naval Shipyard. Comprised of two well-maintained buildings with four bright, townhouse-style units in each, all offering 2 bedrooms, 1 bathroom, in-unit washer/dryer and ample on-site parking. All eight units have been updated with a cohesive design and consistent finishes 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/exterior paint, plumbing and electrical improvements, siding repairs, and select new windows, exterior doors, water heaters and appliances. With all eight units leased, current scheduled rents total approximately $160,200 annually, supporting a stabilized cap rate of approximately 6.31% based on stated operating expenses. Additional upside remains as rents move toward market rates. A solid, turnkey investment positioned to perform from day one....
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Home facts
- Year built:1941
- Subdivision & Development:Enetai
- Listing ID #:2563357
- Updated:September 29, 2026 at 04:24 PM
Rooms and interior
- Flooring:Vinyl Plank
- Living area:6,080 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1941
- Building area:6,080 sq. ft.
- Lot area:0.36 Acres
- Lot Features:Dead-end Street, Paved
- Construction Materials:Wood Exterior Finish, Wood Products Exterior Finish
Schools
- High school:Buyer To Verify
- Middle school:Buyer To Verify
- Elementary school:Buyer To Verify
Utilities
- Water:Community, Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,925,000
- Price per sq. ft.:$316.61
- Tax amount:$11,420 (2025)
Parking
- Total parking spaces:18
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