All about location, location, location & what a great investment opportunity as well!!Located on a corner lot offers a lot of extra yard space & the adjacent public park gives you more space to roam & enjoy its amenities.Each unit has 1 bdrm/unit's entrance is on a different street.Cute & efficient, units are rented at $1200.00/month.A few years back Unit B (address on Reid Ave side) was updated w/flooring, kitchen with stainless steel appliances,and a bathroom update. Unit A (Lebo Blvd address side) some recent updates as well w/hardwood flooring in living room, efficient kitchen w/dishwasher, a full bath & 1 bedroom. Unit A also has a free-standing natural gas fireplace. Both units have stackable washer & dryers & a small pantry area.
Rare opportunity to own a Historic building in downtown Bremerton. The Castle Park Apartments have been a part of downtown Bremerton for decades. Walking distance to PSNS, ferry, restaurants, movie theater, and parks. This nine-plex apartment complex has alley carport parking and has been professionally managed for years. The Castle Park Apartments has had a 0% vacancy rate with long term tenants for years. Rents would be easy to increase. New 150-gallon hot water tank and TPO Roof.
Duplex features 2 units with 1 bedroom and 1 bathroom each. Current long-term tenants are on month-to-month lease. One unit is freshly renovated unit the other unit has not been updated giving opportunity to renovate and increase rent in the future. Seller can credit cost to renovate. Preferred lender Guild Mortgage will cover a total interest rate reduction of 1% for the first year at no cost to the buyer. Seller is willing to negotiate a credit towards a total interest rate reduction of 2% for the first year in which case lender will cover a total interest rate reduction of 1% for the second year at no cost to the buyer. Lender will waive lender fees for future refinance to lower rate until 12/31/2025.
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 appliances, the building features two upstairs units, two on the main floor, and a basement apartment. Additional income potential with basement storage and coin-operated laundry. With rents below market and a low vacancy rate, this is a prime addition to any portfolio!
All about location, location, location & what a great investment opportunity as well!!Located on a corner lot offers a lot of extra yard space & the adjacent public park gives you more space to roam & enjoy its amenities.Each unit has 1 bdrm/unit's entrance is on a different street.Cute & efficient, units are rented at $1200.00/month.A few years back Unit B (address on Reid Ave side) was updated w/flooring, kitchen with stainless steel appliances,and a bathroom update. Unit A (Lebo Blvd address side) some recent updates as well w/hardwood flooring in living room, efficient kitchen w/dishwasher, a full bath & 1 bedroom. Unit A also has a free-standing natural gas fireplace. Both units have stackable washer & dryers & a small pantry area.
Investors Wanted! Demolition Done and Ready for a New Look. Down to studs. Transform this possible Waterfront Duplex into what it deserves! Architectural Plans Available and Permits to approve. Windows ready to install. City Sewer and Water connected. High Bank Waterfront, Private setting, Great Location close to Parks, Ice Skate Rink, Bowling, Ferry to Seattle, DownTown Bremerton, Shopping. Amazing Rental Income to be had.
The Wedgewood Apartments is a 1938 vintage 15-unit apartment building with so much character and potential. The property is centrally located near Olympic College, Bremerton High School & Evergreen Rotary Park. It is also only a few minutes from downtown Bremerton, the ferry and the shipyard. The Wedgewood has a great unit mix of mostly studio and 1-bedroom units along with one 2-bedroom apartment. This is an extremely rare opportunity for a mid-sized multifamily in Kitsap County. Properties this size do not trade very frequently. This is a heavy value-add prospect that allows new ownership to rehabilitate and capture top rents in a low supply market.
6-Plex - Amazing opportunity, perfectly located in downtown Bremerton. Wonderful tenants. New fire alarm system' heating system, hot water, updated electrical, plumbing. half of the units are completely refurbished. detached garage on property. This may be your best investment yet.
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Bremerton is located in Washington. Bremerton, Washington has a population of 43,345. Bremerton is less family-centric than the surrounding county with 25.29% of the households containing married families with children. The county average for households married with children is 29.93%.
The median household income in Bremerton, Washington is $61,741. The median household income for the surrounding county is $84,600 compared to the national median of $69,021. The median age of people living in Bremerton is 33.2 years.
The average high temperature in July is 76 degrees, with an average low temperature in January of 35.8 degrees. The average rainfall is approximately 48.9 inches per year, with 3.3 inches of snow per year.