1108 Highland Avenue, Bremerton, WA 98337
- $717,000
- 3,005
- SqFt
Listing courtesy of Windermere RE West Sound Inc.. Selling Office: Evolution Real Estate Company.
- Sold Price
- $717,000
- List Price
- $719,000
- Status
- SOLD
- MLS#
- 2454678
- Closing Date
- Apr 24, 2026
- Days on Market
- 126
- Style
- 53 - Tri-plex
- Building Condition
- Good
- Finished SqFt
- 3,005
- Area Total SqFt
- 3005
- Annual Tax Ammount
- 5378
- Lot Size (sq ft)
- 9,148
- Sewer
- Sewer Connected
Property Description
Cash-flowing waterfront Tri-Plex with panoramic Dyes Inlet views and a proven rental history. This 3,005 sq ft property on a .21-acre lot delivers strong income today & value in the land with zoning for future 5 story condo development. Unit A is a 2-story approx 1,100 sqft 2 BD/2 BA with sweeping views, open living & kitchen space, private laundry & 300sqft+ of private basement storage. Unit B: Main floor 2 BD/1 BA, 512 sq ft. Unit C: Top-floor 2 BD/2 BA, 815 sq ft with large kitchen and stunning vistas. Location is perfect, sitting just steps from Evergreen Waterfront Park and walking distance to shops, ferries and the shipyard. This property is a solid addition to any portfolio with both short and long-term upside.
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Additional Information
- List Date
- 2025-12-19 00:00:00
- Community
- West Bremerton
- Net Operating Income
- $46,235
- Gross Adjusted Income
- $61,140
- Gross Scheduled Income
- $61,140
- Total Monthly Income
- $5,095
- Insurance Expenses
- $2,484
- Water/Sewer/Garbage Expenses
- $4,163
- Gross Rent Multiplier
- 13
- Total Expenses
- $14,905
- Cap Rate
- 5.6
- Total Number of Units
- 3
- Unit Name
- 1108
- Potential Terms
- Cash, Conventional, VA Loan
- Year Built
- 1912
- Waterfront
- Yes
- View
- Bay, Canal, Sound, Strait
- Roof
- Composition
- Site Features
- Fenced-Partially, Gas Available, Patio
- Other Expenses
- 2880
- Energy Source
- Electric
- School District
- Bremerton #100c
- Total Monthly Income
- $5,095
- Gross Scheduled Income
- $61,140
- Gross Adjusted Income
- $61,140
- Tax Year
- 2025
- Insurance Expense
- $2,484
- W/S/G Expenses
- $4,163
- Total Expenses
- $14,905
- Net Operating Income
- $46,235
- Gross Rent Multiplier
- 13
- Cap Rate
- 5.6
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.