256 Burwell Street Bremerton, WA $ 1,800,000
256 Burwell Street
$ 1,800,000
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256 Burwell Street

Bremerton, WA, 98337
$ 1,800,000
Baths0.0 Sq 7,452

Monthly Estimate*

$ 12,574

Listed by Reid Property Management LLC
256 Burwell Street, Bremerton, WA 98337 - Image 1
256 Burwell Street, Bremerton, WA 98337 - Image 2
256 Burwell Street, Bremerton, WA 98337 - Image 3
256 Burwell Street, Bremerton, WA 98337 - Image 4
256 Burwell Street, Bremerton, WA 98337 - Image 5
256 Burwell Street, Bremerton, WA 98337 - Image 6
256 Burwell Street, Bremerton, WA 98337 - Image 7
256 Burwell Street, Bremerton, WA 98337 - Image 8
256 Burwell Street, Bremerton, WA 98337 - Image 9
256 Burwell Street, Bremerton, WA 98337 - Image 10
Studio

Multi-Family Home for sale in Bremerton, WA

for $1,800,000. This 7,452 square foot home was built in 1933 on a lot size of 0.16.

Rare opportunity to own a Historic building in downtown Bremerton. The Castle Park Apartments have been a part of downtown Bremerton for decades. Walking distance to PSNS, ferry, restaurants, movie theater, and parks. This nine-unit apartment complex has alley carport parking. The Castle Park Apartments have been professionally managed for years with a 0% vacancy rate, and rents that would be easy to increase. Last year a new TPO Roof was installed with a 20-year warranty.

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Multi-Family Active

Price

$ 1,800,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 11,654

Style

5-9 Units

Lot Size

0.16

Year Built

1933

Town/City

Bremerton

County/Region

Kitsap

MLS | Web ID

2187494

Features
General
Interior Features Hardwood Laminate Tile
Sewer Sewer Connected
Heating Stove/Free Standing
Cooling None
Possession Closing
Roof See Remarks
Exterior Features Brick Wood
HOA 0
Security Features FullyFenced
Year Built 1933
View City
Property SubType Multi-Family
Tax Year 2023
County Kitsap
Net Operating Income 64128
Insurance Expense 10237
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Bremerton
Possible Use Multi-Family See Remarks
Special Listing Conditions None
Status Active
Directions HWY 3 to West on Kitsap Way Kitsap Way turns into 6th Right on Warren Ave. Left / West on Burwell St. to address on the left (Brick Building).
High School Buyer To Verify
City Bremerton
Buyer Agent Compensation 2
View Y/N Y
Senior Community Y/N N
High School District Bremerton #100c
Open Parking Spaces 0
Total Units 9
MLS Area 148 - West Bremerton
Lot Size Square Feet 6970
Waterfront Y/N N
Carport Spaces 7
Carport Y/N N
Street Name Burwell
Listing Terms Cash Out Conventional
Elementary School Buyer To Verify
Tax Annual Amount 11654
Electric Expense 918
Fuel Expense 2452
Middle/Junior High School Buyer To Verify
Property Condition Good
Public Remarks Rare opportunity to own a Historic building in downtown Bremerton. The Castle Park Apartments have been a part of downtown Bremerton for decades. Walking distance to PSNS ferry restaurants movie thea
Leasable Area 7452
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Basement Storage
Water Company City of Bremerton
Units Below Grade true
Units In Building Total 9
Zoning Class Multi-Family See Remarks
Water Sewer Garbage 6940
Property Style 55 - 5-9 Units
Cap Rate 3.56
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Interior
Flooring Hardwood Laminate Vinyl
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Living Area Units Square Feet
Power Production Type Electric Natural Gas
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Exterior
Lot Features Alley Curbs Paved Sidewalk
Water Source Public
Total Parking 7
Foundation Details Block
Building Area Total 7452
Lot Size Acres 0.16
Lot Size Units Square Feet
Covered Spaces 0
Open Parking Y/N N
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially Gas Available
Parking Uncovered Spaces 0
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Internal Only
OriginalMLSID NWM2187494
Street Number 1 256
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* Excluded Features
List By
Matthew R. Berg

Listing Agent

Reid Property Management Llc

Broker

Affordability Calculator

$13,545
Per Month
93%
7%
0%
Monthly Principal & Interest
$12,574
Monthly Property Taxes
$971
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
3100681 Elementary School
3100533 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
1/16/2024$1,800,000 -7.69% Price Down
12/28/2023$1,950,000 Listed Price

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256 Burwell Street, Bremerton, WA, 98337 is a Multi-Family Home for sale at $1,800,000 with 7,452 sqft and a lot size of 0.16. 256 Burwell Street is a studio with 0.0 baths and was built in 1933. The property's zip code is 98337 which is in Bremerton, WA