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!
Listing Courtesy of Northwest MLS / Coldwell Banker Bain / Brett Warner
$205,000
Bremerton Area Condominium
Active
3600 NE Narrows View Lane 204 Bremerton, WA 98310
2 Bed
1 Baths
814 sqft
MLS# 2345279
Seize the chance to own an affordable home in the Narrows View Community! This cozy 2-bedroom, 1-bath unit features a warm and inviting fireplace—perfect for those chilly PNW nights. Your private deck, surrounded by lush trees for added privacy, offers plenty of space to relax or dine outdoors. The building has recently been upgraded with new siding and windows for a modern look. Convenient storage is on the deck and additional storage nearby in building 3400. Enjoy community amenities, including an outdoor pool, clubhouse, and open parking. HOA dues cover water, sewer, garbage, earthquake insurance, and exterior maintenance.Seller will pay off Community HOA special assessment prior to closing.
Northwest MLS / Coldwell Banker Bain / Brett Warner