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1215 Burwell Street, Bremerton, WA 98337

Bremerton
Local realty services provided by:CENTURY 21 Real Estate Center
Listed by: dennis balduf, sydney stahr
Office: really properties inc
MLS#:2520059
Source:NWMLS
1215 Burwell Street,Bremerton, WA 98337
$1,950,000
  • - Beds
  • - Baths
  • 8,602 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,950,000
  • Price per sq. ft.:$226.69

About this home

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.

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Home facts

  • Year built:1908
  • Subdivision & Development:Bremerton
  • Listing ID #:2520059
  • Updated:October 28, 2026 at 12:22 AM

Rooms and interior

  • Flooring:Carpet, Ceramic Tile Floor, Hardwood, Laminate, Vinyl Floor
  • Living area:8,602 sq. ft.

Heating and cooling

  • Heating:Baseboard, Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1908
  • Building area:8,602 sq. ft.
  • Lot area:0.29 Acres
  • Lot Features:Alley, Curbed Lot, Paved, Sidewalk
  • Construction Materials:Cement Planked, Wood Exterior Finish
  • Exterior Features:Deck, Fenced-Partially, Patio

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,950,000
  • Price per sq. ft.:$226.69
  • Tax amount:$14,779 (2026)

Features and amenities

  • Amenities:Cable TV, Gas Available, High Speed Internet

Parking

  • Total parking spaces:11
  • Garage:Yes
  • Garage spaces:5
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 28, 2026. 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 for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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