212 A&B Elm Street Unit #A&B, Bremerton, WA 98310

$475,000
1,440
SqFt

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Listing courtesy of REally Properties Inc. Selling Office: Sterling Property Group.

Sold Price
$475,000
List Price
$485,000
Status
SOLD
MLS#
2479668
Closing Date
Mar 20, 2026
Days on Market
22
Style
52 - Duplex
Finished SqFt
1,440
Area Total SqFt
1440
Annual Tax Ammount
2718
Internet Provider
Astound
Lot Size (sq ft)
7,405
Sewer
Sewer Connected

Property Description

New since purchasing in 2018: Roof, siding, windows, electric, some plumbing, all NEW kitchens with granite counters, SS appliances, gas range/oven, built-in microwaves and more, Ductless heat pumps for efficient heating and A/C in the Summer, flooring and more. Discover a fantastic investment opportunity with this well-maintained/remodeled duplex. Each unit features 2 bedrooms and 1 bathroom. Whether you're looking to expand your rental portfolio or explore owner-occupancy options, this property delivers flexibility and value. Ideally located within walking distance to Lion's Field Park (waterfront park), and 7minutes to PSNS and Seattle Ferry. This area is undergoing major renovations from new roads and sidewalks to rehabbed units and new construction. One unit is currently vacant and ready for immediate occupancy or rental, while the other is tenant-occupied with a lease in place through May 2026, providing built-in income and stability. Don’t miss this versatile duplex with strong potential in a desirable setting--ideal for investors or those seeking a property with both current revenue and future possibilities. Quality of finishes, parking, and location make these units easy to rent. Tenants pay ALL utilities! Listing broker is owner.

Additional Information

List Date
2026-02-26 00:00:00
Community
Sheridan Park
Net Operating Income
$34,662
Gross Adjusted Income
$38,589
Gross Scheduled Income
$40,620
Total Monthly Income
$3,385
Insurance Expenses
$1,209
Gross Rent Multiplier
11.94
Total Expenses
$3,927
Cap Rate
7.15
Vacancy Rate
5
Total Number of Units
2
Unit Name
212 A&B
Potential Terms
Cash, Conventional, FHA, State Bond, VA Loan
Year Built
1943
Roof
Composition, See Remarks
Site Features
Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Patio
Energy Source
Electric, Natural Gas
School District
Bremerton #100c
Total Monthly Income
$3,385
Gross Scheduled Income
$40,620
Vacancy Rate
5
Gross Adjusted Income
$38,589
Tax Year
2026
Insurance Expense
$1,209
Total Expenses
$3,927
Net Operating Income
$34,662
Gross Rent Multiplier
11.94
Cap Rate
7.15
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.
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