Property Details
2001 11th Street
Bremerton, WA 98337
$1,250,000
Active
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Property Overview
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.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Kitsap
Neighborhood
Bremerton
Listed
Apr 21, 2026
Original Price
$1,325,000
Financial Summary
Cap Rate
7.26%
Net Operating Income
$96,218
Gross Scheduled Income
$136,800
Gross Rent Multiplier
9.69
Total Expenses
$39,880
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
6,032
Leasable Area
6,000 sqft
Total Units
6
Lot Size
9,148 sqft
Year Built
1981
Exterior & Lot
Lot Size
0.21 sqft
Year Built
1981
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Alley, Corner Lot, Curbs, Paved, Sidewalk
Exterior Features
Wood
Location
City
Bremerton
County
Kitsap
Coordinates
47.57079, -122.64530
Additional Information
Tax Year
2026
Annual Taxes
$9,768
Possession
Array
