1345 Elizabeth Avenue

Bremerton, WA 98337

  • Bed

  • Bath

  • 3662 SqFt

  • 87 DOM

  • Built: 1920

  • Status: Active

$895,000

X

1345 Elizabeth Avenue

Bremerton 98337

$895000

  • Bed

  • Bath

  • 3662 SqFt

  • 87 DOM

  • Built: 1920

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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!

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Residence Information

  • 3662

  • Composition

  • 55 - 5-9 Units

  • 1920

  • Poured Concrete

  • Basement, Coin Op Lau

Features and Utilities

  • Wood, Wood Products

  • Public

  • Sewer Connected

  • 0

Financial

  • 6189

  • Cash Out, Conventional

  • 03-12-2025

Comparable Information

  • 87

  • 87

  • Cash Out, Conventional

  • $895,000

  • $895,000

  • Jun 18, 2025 01:23

Schools

Elementary : Naval Avenue El N/A Ratings
Middle : Mtn View Mid N/A Ratings
High : Bremerton High N/A Ratings

Map

Listing courtesy of Coldwell Banker Bain.

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 © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Jul 17, 2025 22:27 | Listing last modified Jun 18, 2025 01:23. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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