629 Highland, Bremerton, WA 98337
629 Highland, Bremerton, WA 98337
629 Highland, Bremerton, WA 98337
629 Highland, Bremerton, WA 98337
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Nicole Aleshchenko

Nicole Aleshchenko

+1(206) 412-1930
Listed by:Kidder Mathews • David A. Kelley
$ 685,000
Est. payment | /mo

4 Beds

6 Baths

4,792 Sqft Lot

Save
$ 685,000
Est. payment | /mo
Save

4 Beds

6 Baths

4,792 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Bremerton

MLS Listing ID 2571193

Style 55 - 5-9 Units

Bedrooms 4

Year Built 1910

Annual Tax Amount $5,652

Lot Size 4,792 Sqft

Property Sub-Type Multi Family

Property Description

627 Highland Ave — Bremerton, WA 98337 This offering presents a 6-unit value-add multifamily opportunity in Bremerton, priced at $685,000 and offered at a 7% cap rate on in-place income. Built in 1910, the property represents classic older-vintage Bremerton housing stock, offering a clear opportunity for new ownership to drive rents through unit-by-unit renovations and modernization 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, 627 Highland Ave offers an efficient, well-priced entry point into the Bremerton multifamily market.

Location

State WA

County Kitsap

Area 148 - West Bremerton

Interior

Fireplace false

Exterior

Exterior Feature Wood Products

View Y/N Yes

View Partial

Roof Type Flat

Building

Sewer Sewer Connected

New Construction No

Schools

School District Bremerton #100C

Others

Senior Community No

Acceptable Financing Conventional

Listing Terms Conventional

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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629 Highland