2135 4th Street Bremerton WA 98312 MLS #NWM2425557

2135 4th Street
Bremerton, WA, 98312
$949,900
Beds
0 Baths
2,812 SqFt
0.25 Acres
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Listing Provided Courtesy of Lumin Brokers of Washington
7-plex features four units with 0 bedroom and 1 bathroom, two units with 1 bedroom and 1 bathroom, and one unit with 2 bedrooms and 2 bathrooms. Current long-term tenants are on month-to-month lease. This investment offers a unique opportunity to add value without any updates to the building or units. The rents are significantly below market and can be increased by an average of 15% to meet current market rents. Current Cap Rate of 6.92% would be raised to 8.43%! Opportunity to renovate and increase rent even more in the future. DSCR loans available. DO NOT DISTURB TENANTS!

Property Details

Price:
$949,900
MLS #:
NWM2425557
Status:
Active
Beds:
0
Baths:
0
Address:
2135 4th Street
Type:
Multi Family
Subdivision:
West Bremerton
Neighborhood:
148 – West Bremerton
City:
Bremerton
Listed Date:
Aug 26, 2025
State:
WA
Finished Sq Ft:
2,812
Total Sq Ft:
2,812
ZIP:
98312
Lot Size:
10,890 sqft / 0.25 acres (approx)
Year Built:
1932
Units:
7
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As a seasoned realtor with an advanced background in tech, I offer a unique market advantage above the rest. Whether you’re a first-time buyer navigating the complicated world of home purchasing, or an experienced investor looking for a solid investment property, I provide in-depth analytics, expert strategy, and a thorough understanding of contracts to ensure informed decision-making every step of the way.

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Schools

School District:
Bremerton #100c

Interior

Cooling
None
Flooring
Ceramic Tile, Carpet
Heating
Baseboard

Exterior

Construction Materials
Wood
Exterior Features
Wood
Parking Spots
7
Roof
Composition

Financial

Net Operating Income
$65,722
Tax Year
2025
Taxes
$5,138

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Community

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