Provided by NWMLS, Bought with Emerald Real Estate Group, Inc and Listed by The Foundation Group LLC

Sold

136 S Cambrian Avenue

Bremerton WA, 98312

$1,485,000


$377.19 per sqft

Sold

3,937 sqft

Multi-family

Built in 1940

Cambrian Apartments - located in the Charleston neighborhood of Bremerton is a fully-occupied top performer property with 9 efficient 1B/1B units. Market cap rate of 6.52% with easily achieved market rent of $1,175. Charming interiors which have remained relatively untouched since 1940 adorned with arched entries into kitchens and cozy floor plans. The property has been owner managed and well-maintained but a few significant updates to the property include new roof in 2022, gutters replaced in 2022, and a Weil-McLain boiler three years ago. Property has four uncovered parking spaces and five garages (4 vacant). Value-add component lies with implementing utility billbacks, lease the garages, and increase rents to market rate.

1933748

MLS ID

May 16, 2022

Listed

October 24, 2024

Updated

Map

136 S Cambrian Avenue
Bremerton WA, 98312

Interior Features

Total Stories

2


Interior Features

Wall to Wall Carpet


Floor Description

Carpet


Fireplace

No


Cooling

No


Heating

Yes

Exterior/Building Features

Lot Size

0.21 Acres


Exterior Features

Wood


Roof

Composition


Sewer

Sewer Connected

School Information

School District

Bremerton #100c

Other Property Details

Area Name

148 - West Bremerton


Taxes

$7,813


Tax Frequency

Annually


Garage

No


Parking Total

9


View

No


County

Kitsap


Water Source

Community


Pool

No

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 11/21/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 11/21/2024 at 7:00 AM UTC . 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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Data last updated on 11/21/2024 at 7:00 AM UTC 

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