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  • Listed by: 

    Brett W Warner,

    Coldwell Banker Bain,

    Betsy Tarpley,

    Coldwell Banker Bain

    $895,000

    1345 Elizabeth Avenue, Bremerton, WA 98337

    1beds
    7baths
    3,662sqft
    : 
    Multi Family
    Built in 1920
    -- sqft lot
    $873,000 Zestimate®
    $244/sqft
    $-- HOA

    What's special

    Spacious laundry roomDesignated parking spacesCoin operated machines
    Discover a prime investment opportunity with this 7-unit apartment complex, offering consistent rental income potential year-round.The property's location ensures a steady flow of tenants, with Olympic College, the Bremerton-Seattle ferry, and the Puget Sound Naval Shipyard all within minutes of the property. A new roof was installed in 2015 and select units were remodeled in 2018.There is a spacious laundry room with coin operated machines for additional revenue. Each unit has additional storage available. Three of the units have designated parking spaces available. Evergreen Park is a block from the property for tenants who enjoy outdoor activities. Currently at an 8% cap rate!
    45 days
    on Zillow
    |
    154
    |
    5
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 18, 2025 at 03:28pm

    Listed by:

    Brett W Warner,

    Coldwell Banker Bain,

    Betsy Tarpley,

    Coldwell Banker Bain

    Source: NWMLS,MLS#: 2343185MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1345 Elizabeth Avenue.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 7
    Heating
    • Forced Air
    Cooling
    • None
    Features
    • Flooring: Vinyl, Carpet, Wall to Wall Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 3,662
    • Total interior livable area: 3,662 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Open
    • Uncovered spaces: 3
    Lot
    • Size: 3,049.2 Square Feet
    • Features: Curbs, Paved, Sidewalk
    Details
    • Parcel number: 37640000020008
    • Zoning description: Multi-Family,Residential,Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding, Wood Products
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Good
    • Year built: 1920
    • Major remodel year: 1920

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Sewer Connected, Company: City of Bremerton
    • Water: Public, Company: City of Bremerton
    • Utilities for property: Xfinity, Xfinity

    Community & HOA

    Community
    • Subdivision: Bremerton
    Location
    • Region: Bremerton

    Financial & listing details

    • Price per square foot: $244/sqft
    • Annual tax amount: $6,189
    • Date on market: 3/22/2025
    • Listing terms: Cash Out,Conventional
    • Cumulative days on market: 36 days
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