MLS: #NWM2520059, Listed By: Dennis Balduf, REally Properties Inc, Source:NWMLS - Northwest Multiple Listing Service
1215 Burwell Street
Bremerton, WA 98337
0
Bed
0
Bath
8,602Sqft
0.29Acre(Lot)
Investor Alert!!! This 11 unit complex on 2 tax parcels is ideally located minutes away from the PSNS State Street Gate offering convenient access to Ferries, PSNS, and all that downtown Bremerton has to offer (fabulous new restaurants, shops, nightlife, Beautiful waterfront parks and marina....MORE). This Stabilized asset boasts a TRUE 6.4% cap rate INCLUDING: Management (10%), Maintenance and Repairs, Utilities, Taxes and Insurance....you won't find many properties that pencil this well when you are honest about your expenses. Self managing these units would provide a cap rate over 7.3%!! Storage available for tenants to rent for additional income as well as 5 garage spaces. Fully updated in the 2010's these units show well and rent easily. Dual paned windows in all units, Heat pu
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: CompositionRoofing Information
Composition -
Flooring Information
Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl, Carpet Construction Materials: Cement Plank, Wood -
Heating & Cooling
Heating: Baseboard, Ductless, Forced Air, Wall Furnace Has Heating: Yes Cooling: Ductless, None Has Cooling: Yes WaterSource: Public
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Building Information
Year Built: 1908 -
Exterior Features
Cement Planked, Wood Construction Materials: Cement Plank, Wood Foundation Details: Poured Concrete
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Lot Information
Lot Description: Alley, Curbs, Paved, Sidewalk Lot Square Feet: 12632 Lot Acres: 0.29Property Information
Property Type: Residential Income Sub Type: Multi Family Structure Type: Multi Family
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Listing Price Information
Original List Price:$1950000
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Tax Information
Annual Tax: $14779 Tax Year: 2026 Parcel Number: 37850020200007
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Parking Information
Total Parking: 11Garage Information
Garage Space: 5
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Utility Information
Sewer: Sewer Connected Water Source: Public -
Location Information
Subdivision: Bremerton City: Bremerton Direction: From Hwy 3: Kitsap Way to 6th Street; Right on N Callow, Left on Burwell/304; Right on State Ave, Left into alley between Burwell and Gregory. Property/parking on left. No street parking on Burwell.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1536 Pennsylvania Avenue, Bremerton, WA, 98337 | $585,000 | -- | -- | 2,558 | 2,558 SqFt |
| 1728 5th Street, Bremerton, WA, 98337 | $520,000 | -- | -- | 1,952 | 1,952 SqFt |
| 2001 11th Street, Bremerton, WA, 98337 | $1,250,000 | -- | -- | 6,032 | 6,032 SqFt |
Similar Multifamily To 1215 Burwell Street
Nearby For Sale
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ByOwner last updated this listing 06/25/2026 @ 06:20
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