2510 Stephenson Avenue, Bremerton, WA 98310
- $690,000
- 1,728
- SqFt
Listing courtesy of Professional Realty Svcs Belv. Selling Office: Better Properties Kitsap.
- Sold Price
- $690,000
- List Price
- $699,000
- Status
- SOLD
- MLS#
- 2435953
- Closing Date
- Feb 13, 2026
- Days on Market
- 118
- Style
- 52 - Duplex
- Finished SqFt
- 1,728
- Area Total SqFt
- 1728
- Annual Tax Ammount
- 4165
- Lot Size (sq ft)
- 23,087
- Sewer
- Sewer Connected
Property Description
Rare opportunity to own a 6bd 2ba duplex on half an acre of prime beachfront property with your own private sandy beach on the Washington Narrows Strait. Zoned medium density residential (MR) this property allows for development of up to 9 units making an ideal investment for builders, developers or anyone looking for future value. Enjoy sweeping water views, direct access to the beach, and the flexibility to hold as an income-producing duplex now while you plan your next project. Adjacent to Lions Park, with sports courts, trails and recreation. This is a unique combination of immediate rental income, development potential and waterfront lifestyle. Units are vacant and ready for new tenants.
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Additional Information
- List Date
- 2025-10-18 00:00:00
- Community
- Sheridan Park
- Net Operating Income
- $44,435
- Gross Adjusted Income
- $52,800
- Gross Scheduled Income
- $52,800
- Total Monthly Income
- $4,400
- Insurance Expenses
- $700
- Water/Sewer/Garbage Expenses
- $1,700
- Gross Rent Multiplier
- 14.18
- Total Expenses
- $8,365
- Cap Rate
- 5.93
- Total Number of Units
- 2
- Unit Name
- 2510
- Potential Terms
- Assumable, Cash, Conventional, FHA, VA Loan
- Year Built
- 1942
- Waterfront
- Yes
- View
- Strait
- Roof
- Composition
- Site Features
- Fenced-Partially
- Electric Expenses
- 1200
- Energy Source
- Electric, Natural Gas
- School District
- Bremerton #100c
- Elementary School
- Armin Jahr Elem
- Middle School
- Bremerton Jnr High
- High School
- Bremerton High
- Total Monthly Income
- $4,400
- Gross Scheduled Income
- $52,800
- Gross Adjusted Income
- $52,800
- Tax Year
- 2025
- Insurance Expense
- $700
- W/S/G Expenses
- $1,700
- Total Expenses
- $8,365
- Net Operating Income
- $44,435
- Gross Rent Multiplier
- 14.18
- Cap Rate
- 5.93
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.