2821 NE Center Street #1-8, Bremerton, WA 98310

Bremerton
Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
Listed by: nicholas t. vilvandre
Office: keller williams downtown sea
MLS#:2563357
Source:NWMLS
2821 NE Center Street #1-8,Bremerton, WA 98310
$1,925,000
  • - Beds
  • - Baths
  • 6,080 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,925,000
  • Price per sq. ft.:$316.61

About this home

INVESTOR ALERT! $$$ Turnkey 8-unit multifamily property located in a quiet Bremerton neighborhood near Naval Base Kitsap and the Puget Sound Naval Shipyard. Comprised of two well-maintained buildings with four bright, townhouse-style units in each, all offering 2 bedrooms, 1 bathroom, in-unit washer/dryer and ample on-site parking. All eight units have been updated with a cohesive design and consistent finishes throughout. Ownership has invested approximately $590,000 in renovations, repairs and capital improvements since 2022, including new roofs on both buildings, new furnaces in all units, updated kitchens and bathrooms, LVP flooring, interior/exterior paint, plumbing and electrical improvements, siding repairs, and select new windows, exterior doors, water heaters and appliances. With all eight units leased, current scheduled rents total approximately $160,200 annually, supporting a stabilized cap rate of approximately 6.31% based on stated operating expenses. Additional upside...

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Home facts

  • Year built:1941
  • Subdivision & Development:Enetai
  • Listing ID #:2563357
  • Updated:September 25, 2026 at 11:29 AM

Rooms and interior

  • Flooring:Vinyl Plank
  • Living area:6,080 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1941
  • Building area:6,080 sq. ft.
  • Lot area:0.36 Acres
  • Lot Features:Dead-end Street, Paved
  • Construction Materials:Wood Exterior Finish, Wood Products Exterior Finish

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Community, Public
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$1,925,000
  • Price per sq. ft.:$316.61
  • Tax amount:$11,420 (2025)

Parking

  • Total parking spaces:18
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