325 N Cambrian, Bremerton, WA 98312

$429,000

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Listing courtesy of Pellego, Inc.. Selling Office: PRO RLTYSRVCS Eastside.

Sold Price
$429,000
List Price
$429,000
Status
SOLD
MLS#
2530841
Closing Date
Jun 30, 2026
Days on Market
2
Style
52 - Duplex
Annual Tax Ammount
3129.3
Lot Size (sq ft)
10,454
Sewer
Sewer Connected

Property Description

Excellent investment opportunity with owner-occupant flexibility and future upside. This duplex sits on a large lot with potential for at least one DADU, creating even more income potential or re-sale value down the road. Each unit offers 2 bedrooms and 1 bathroom, with recent updates including newer vinyl windows, waterproof flooring, fresh interior paint, updated fixtures, new exterior door, chain link fencing, and slope-support between backyards to ensure tenant safety. The lower unit is occupied by a long-term tenant who would love to stay, providing immediate rental stability. Extensive off-street parking and two separate garages add convenience and value for both tenants and owners. Ideally located just minutes from the shipyard and within walking distance to local coffee shops, restaurants, and the rapidly growing Callow Ave district. The heavy lifting has already been done, allowing you to cash flow now while positioning yourself for future development potential. Listing agent also has a trusted DADU contractor available for buyers interested in maximizing the property’s value. Upper unit rent is very reasonable pro-forma. Proforma cap rate 8.7%

Additional Information

List Date
2026-06-28 00:00:00
Community
West Bremerton
Net Operating Income
$37,337
Gross Adjusted Income
$43,200
Gross Scheduled Income
$43,200
Total Monthly Income
$3,600
Insurance Expenses
$2,534
Water/Sewer/Garbage Expenses
$200
Gross Rent Multiplier
9.9
Total Expenses
$5,863
Cap Rate
8.7
Total Number of Units
2
Unit Name
325
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1939
Roof
Composition
Energy Source
Electric
School District
Bremerton #100c
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$3,600
Gross Scheduled Income
$43,200
Gross Adjusted Income
$43,200
Tax Year
2026
Insurance Expense
$2,534
W/S/G Expenses
$200
Total Expenses
$5,863
Net Operating Income
$37,337
Gross Rent Multiplier
9.9
Cap Rate
8.7
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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