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Listed by:NW Elite Home Brokers • Douglas Biggs
$ 949,000
Est. payment | /mo
4 Beds
4 Baths
6,534 Sqft Lot
$ 949,000
Est. payment | /mo
4 Beds
4 Baths
6,534 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision West Bremerton
MLS Listing ID 2508584
Style 54 - 4-Plex
Bedrooms 4
Year Built 1940
Annual Tax Amount $4,662
Lot Size 6,534 Sqft
Property Sub-Type Multi Family
Property Description
Turnkey fourplex Investment in Bremerton – Strong Cash Flow + Upside PotentialThis well-maintained and thoughtfully upgraded fourplex offers a rare opportunity to acquire a fully stabilized asset in one of Kitsap County's most desirable rental corridors. With 100% occupancy throughout ownership, premium rents, and multiple value-add opportunities, this property is positioned for both immediate income and long-term appreciation. Consistent Performance: 100% occupancy with no vacancy gaps—demonstrating strong rental demand. Prime Location: Walking distance to Puget Sound Naval Shipyard, downtown, and ferry access to Seattle. Future Demand Driver: Expected arrival of the USS John F. Kennedy (CVN-79) in 2029, bringing additional workforce demand. Private Off-Street Parking: Dedicated tenant parking—no reliance on street parking. Turnkey Condition: Professionally maintained with landscaping and pest control in place. Recent Capital Improvements (2023–Present)New Laundry Facility ($20K+ Investment): Fully built-out with new power, venting, plumbing, and hot water system. Entire parking area re-graveled in 2026 for improved access and durability. Exterior Enhancements: Landscaping upgrades improving curb appeal and tenant satisfaction. Property Identity Upgrade: Added new official address representing the full complex.
Location
State WA
County Kitsap
Area 148 - West Bremerton
Interior
Flooring Laminate
Fireplace false
Exterior
Exterior Feature Wood Products
View Y/N No
Roof Type Composition
Building
Lot Description Sidewalk
Sewer Sewer Connected
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Central Kitsap #401
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
NEARBY SCHOOL & BUSINESS