1215 Burwell Street

Bremerton, WA 98337

  • Bed

  • Bath

  • 8602 SqFt

  • 2 DOM

  • Built: 1908

  • Status: Active

$1,950,000

X

1215 Burwell Street

Bremerton 98337

$1950000

  • Bed

  • Bath

  • 8602 SqFt

  • 2 DOM

  • Built: 1908

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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 pump in one unite and Gas heat in the 6 unit building. These units show well and rent easily due to the location and condition. No internal showings until mutual acceptance.

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Residence Information

  • 8602

  • Composition

  • 5,

  • 56 - 10+ Units

  • 1908

  • Poured Concrete

  • See Remarks, Storage,

Features and Utilities

  • Cement Planked, Wood

  • Public

  • Sewer Connected

  • 205

Financial

  • 14779

  • Cash, Conventional

  • 05-07-2026

Comparable Information

  • 2

  • 2

  • Cash, Conventional

  • $1,950,000

  • $1,950,000

  • May 08, 2026 03:16

Schools

Map

Listing courtesy of REally Properties Inc.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: May 09, 2026 02:45 | Listing last modified May 08, 2026 03:16. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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