133 N Marion ST, Bremerton, WA 98312
133 N Marion ST, Bremerton, WA 98312
133 N Marion ST, Bremerton, WA 98312
133 N Marion ST, Bremerton, WA 98312
133 N Marion ST, Bremerton, WA 98312
133 N Marion ST, Bremerton, WA 98312
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Listed by:Real Broker LLC • Charles Burnett
Martha Irving

Martha Irving

Goldhouse Realty

+1(253) 999-8267
Listed by:Real Broker LLC • Charles Burnett
$ 635,500
Est. payment | /mo

4 Beds

4 Baths

2,738 SqFt


Save
$ 635,500
Est. payment | /mo
Save

4 Beds

4 Baths

2,738 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,738 sqft

Price per Sqft $232

Subdivision Bremerton

MLS Listing ID 2603099

Style 54 - 4-Plex

Bedrooms 4

Year Built 1942

Annual Tax Amount $6,208

Lot Size 10,890 Sqft

Property Sub-Type Multi Family

Property Description

4 Units | 8% Current Cap Rate. West Bremerton investment property consisting of a triplex plus detached one-bedroom cottage on a 10,890 SF lot. Strong in-place income with additional upside from scheduled rent increases and potential adjustments to market rents. Three of the four units have been cosmetically renovated, including the 2-bedroom unit in 2026. Major improvements include fresh exterior paint, extensive roof replacement, foundation, and updated plumbing and electrical. Separate electrical meters, coin-operated laundry, and off-street parking. Three units are leased on 12-month terms, while one is month-to-month, offering potential flexibility for an owner-occupant buyer. Conveniently located near PSNS, Olympic College, downtown Bremerton, Seattle ferry service, shopping, and major employers. An opportunity to acquire a four-unit property with an 8% current cap rate, established rental income, and significant capital improvements already completed.

Location

State WA

County Kitsap

Area 148 - West Bremerton

Interior

Flooring Ceramic Tile, Engineered Hardwood, Carpet

Fireplace false

Exterior

Exterior Feature Wood

View Y/N Yes

View Territorial

Roof Type Composition

Building

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Bremerton #100C

Others

Senior Community No

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Northwest MLS (NWMLS)

NEARBY SCHOOL & BUSINESS

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133 N Marion ST