Kitsap Homes with 56 - 10+ Units Style

Kitsap Homes with 56 - 10+ Units Style

Kitsap County, located in the state of Washington, is a charming and picturesque area with a rich history and natural beauty. Situated in the heart of the Pacific Northwest, Kitsap County offers residents a unique combination of small-town charm and easy access to big-city amenities.

Bremerton, the largest city in Kitsap County, is a vibrant and thriving community that serves as the county seat. Known for its naval history, Bremerton is home to the Puget Sound Naval Shipyard, which has been a major employer in the area for decades. The city also boasts a bustling downtown area with a variety of shops, restaurants, and entertainment options.

When it comes to real estate, Kitsap County offers a diverse range of housing options, including homes with 56-10+ units style. These properties are ideal for investors looking to capitalize on the growing demand for rental housing in the area. Whether you're interested in apartment buildings, condominium complexes, or townhome communities, Kitsap County has plenty of options to choose from.

Investing in homes with 56-10+ units style can provide a steady stream of rental income and the potential for long-term appreciation. With a strong rental market and a growing population, Kitsap County is an attractive destination for real estate investors looking to expand their portfolios.

If you're considering purchasing a property in Kitsap County, it's important to work with a knowledgeable real estate agent who can guide you through the process and help you find the perfect investment opportunity. With its beautiful scenery, thriving economy, and diverse housing options, Kitsap County is a fantastic place to invest in real estate.

Newest Kitsap Homes with 56 - 10+ Units Style

$1,950,000
2520059 MLS ⋅ ACTIVE Status
Investor Alert!!! This 11 unit complex on 2 tax parcels is ideally located minutes away from the PSNS State Street Gate offering convenient access to Ferries, PSNS, and all that downtown Bremerton has to offer (fabulous new restaurants, shops, nightlife, Beautiful waterfront parks and marina....MORE). This Stabilized asset boasts a TRUE 6.4% cap rate INCLUDING: Management (10%), Maintenance and Repairs, Utilities, Taxes and Insurance....you won't find many properties that pencil this well when you are honest about your expenses. Self managing these units would provide a cap rate over 7.3%!! Storage available for tenants to rent for additional income as well as 5 garage spaces. Fully updated in the 2010's these units show well and rent easily. Dual paned windows in all units, Heat pump in one unite and Gas heat in the 6 unit building. These units show well and rent easily due to the location and condition. No internal showings until mutual acceptance.

1215 Burwell Street, Bremerton

Listing courtesy of REally Properties Inc.

$5,250,000
2431025 MLS ⋅ ACTIVE Status
Waterfront Park Apartments offers a rare turnkey investment on the Silverdale waterfront. This fully renovated 20-unit community boasts a 5.97% cap rate and a 6.08% cash-on-cash return on current rents. The property features 16 spacious two-bedroom townhome-style units and 4 one-bedroom units, averaging 758 SF. Ownership has invested over $1.1M in capital improvements, delivering modern finishes and durable systems throughout—new roofs, Hardie siding, cabinetry, stainless steel appliances, in-unit washers/dryers, upgraded electrical and mechanical systems, and stylish interior updates. The result is a low-maintenance, high cash-flowing asset poised to capture long-term rent growth in one of Kitsap's most desirable waterfront locations.

8755 Shore Place NW, Silverdale

Listing courtesy of Blake Investment Advisors.

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