2001 11th Street, Bremerton, WA 98337

$1,250,000
6,032
SqFt

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Listing courtesy of John L. Scott, Inc.

List Price
$1,250,000
Status
ACTIVE
MLS#
2509353
Price Change
▼ $75,000 1778797240
Days on Market
96
Style
55 - 5-9 Units
Finished SqFt
6,032
Area Total SqFt
6032
Annual Tax Ammount
9768
Lot Size (sq ft)
9,148
Sewer
Sewer Connected

Property Description

Bremerton 6 offers high quality, well maintained, and spacious 2 Bedroom-1 Bathroom units. Units are approximately 1000 SF each and include W/D hookups which positions a buyer for a very easy value-add opportunity. The property includes 6 covered parking spaces and 6 storage rooms, making it a very easily rentable asset. Local economic drivers create a strong rental market in Bremerton with historically low vacancy rates. Bremerton 6 positions itself as the perfect property for entry-level or experienced investors through its large, high-quality units and ability to capture additional upside without extensive renovations.

Additional Information

List Date
2026-04-21 17:40:13
Community
Bremerton
Net Operating Income
$96,218
Gross Adjusted Income
$136,098
Gross Scheduled Income
$136,800
Total Monthly Income
$11,882
Insurance Expenses
$4,800
Water/Sewer/Garbage Expenses
$8,998
Gross Rent Multiplier
9.69
Total Expenses
$39,880
Cap Rate
7.26
Vacancy Rate
5
Total Number of Units
6
Unit Name
2001
Potential Terms
Cash, Conventional
Year Built
1981
Roof
Torch Down
Site Features
Cable TV, Deck
Other Expenses
16314
Energy Source
Electric
School District
Bremerton #100c
Total Monthly Income
$11,882
Gross Scheduled Income
$136,800
Vacancy Rate
5
Gross Adjusted Income
$136,098
Tax Year
2026
Insurance Expense
$4,800
W/S/G Expenses
$8,998
Total Expenses
$39,880
Net Operating Income
$96,218
Gross Rent Multiplier
9.69
Cap Rate
7.26
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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