2135 4th ST, Bremerton, WA 98312
2135 4th ST, Bremerton, WA 98312
2135 4th ST, Bremerton, WA 98312
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Nicole Aleshchenko

Nicole Aleshchenko

+1(206) 412-1930
Listed by:Kidder Mathews • David A. Kelley
$ 725,000
Est. payment | /mo

3 Beds

7 Baths

0.25 Acres Lot

Save
$ 725,000
Est. payment | /mo
Save

3 Beds

7 Baths

0.25 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Bremerton

MLS Listing ID 2568500

Style 55 - 5-9 Units

Bedrooms 3

Year Built 1932

Annual Tax Amount $5,164

Lot Size 10,890 Sqft

Property Sub-Type Multi Family

Property Description

This offering presents a 7-unit value-add multifamily opportunity in Bremerton, priced at $725,000 and offered north of a 7% cap rate on in-place income. Like much of the surrounding submarket's older housing stock, the property offers dated interiors and a clear path for new ownership to drive rents through unit-by-unit renovations and modernization — positioning the asset for meaningful upside as units turn. Bremerton's rental fundamentals remain anchored by Puget Sound Naval Shipyard, one of the region's largest employers, supporting steady renter demand and a durable tenant base for well-located multifamily product in the submarket. For an investor seeking an attractive going-in yield with a manageable-scale renovation opportunity, 2135 4th St offers an efficient, well-priced entry point into the Bremerton multifamily market.

Location

State WA

County Kitsap

Area 149 - East Bremerton

Interior

Flooring Ceramic Tile

Fireplace false

Exterior

Exterior Feature Wood

View Y/N No

Roof Type Composition

Building

Lot Description Paved

Sewer Sewer Connected

New Construction No

Schools

School District Bremerton #100C

Others

Senior Community No

Acceptable Financing Cash

Listing Terms Cash

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

Nicole Aleshchenko

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(206) 412-1930

nicole@teamnsrg.com

1400 112th Ave SE, Suite 100, Bellevue, WA 98004, United States

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2135 4th ST