691 Pearl Place, Bremerton, WA 98310

$500,000
1,632
SqFt

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Listing courtesy of Westmoreland Properties. Selling Office: John L. Scott, Inc..

Sold Price
$500,000
List Price
$499,000
Status
SOLD
MLS#
2487084
Closing Date
Apr 06, 2026
Days on Market
3
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,632
Area Total SqFt
1632
Annual Tax Ammount
3567
Lot Size (sq ft)
8,276
Sewer
Sewer Connected

Property Description

691 & 693 Pearl Place. Looking for a turn key investment with flexibility for owner occupied? Look no further. Both units are in fantastic shape with brand new remodel in 693 and similar condition in 691. Each unit is comprised of 2 bedrooms and a graciously sized full bath. All appliances included. Ample parking and full carport with exterior storage rooms on both sides. 693 is vacant and 691 is currently month to month. 691 rental income is below market rate. The property has been meticulously maintained and is ready for new ownership without any headaches. This duplex is in a prime location in East Bremerton with close proximity to schools, parks and restaurants. Don't miss out on this solid investment opportunity.

Additional Information

List Date
2026-04-03 00:00:00
Community
East Bremerton
Net Operating Income
$30,981
Gross Adjusted Income
$37,248
Gross Scheduled Income
$38,400
Total Monthly Income
$3,200
Insurance Expenses
$1,500
Water/Sewer/Garbage Expenses
$1,200
Gross Rent Multiplier
12.99
Total Expenses
$6,267
Cap Rate
6.2
Vacancy Rate
3
Total Number of Units
2
Unit Name
691
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1970
Roof
See Remarks
Site Features
Cable TV, Fenced-Partially, High Speed Internet, Patio
Energy Source
Electric
School District
Bremerton #100c
Total Monthly Income
$3,200
Gross Scheduled Income
$38,400
Vacancy Rate
3
Gross Adjusted Income
$37,248
Tax Year
2025
Insurance Expense
$1,500
W/S/G Expenses
$1,200
Total Expenses
$6,267
Net Operating Income
$30,981
Gross Rent Multiplier
12.99
Cap Rate
6.2
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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