201 SHORE Drive Bremerton, WA $ 15,000,000
201 SHORE Drive
$ 15,000,000
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201 SHORE Drive

Bremerton, WA, 98310
$ 15,000,000
Baths0.0 Sq 45,904

Monthly Estimate*

$ 93,580

Listed by Paramount Real Estate Group
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Studio

Multi-Family Home for sale in Bremerton, WA

for $15,000,000. This 45,904 square foot home was built in 1976 on a lot size of 0.87.

WATERFRONT ALERT!! Not only is this 50 unit apartment building located on 200 ft of waterfront across from the Seattle Ferry & PSNS but it has an elevator, new roof & UV windows and is furnished. That's right, every apartment is fully furnished for our corporate housing clients. This unique business model allows each of the 1 bed, 1 bath apartments to collect $3,300 a month with 3 units having been upgraded getting $4,500 a month. The building is mere feet away from the water with over 2000 sq ft of patio, 6 gazebos covering the outdoor kitchen with 2 bbqs, 14 ft bar, firepit & more. There is a small gym, 28 cameras, & the rec room has a full kitchen, several seating areas, 70" TV, office & business center. ONCE IN A LIFE TIME PROPERTY!

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Multi-Family Pending

Price

$ 15,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 90,030

Style

10+ Units

Lot Size

0.87

Year Built

1976

Town/City

Bremerton

County/Region

Kitsap

MLS | Web ID

2416288

Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Unit(s)
Cooling Other See Remarks Window Unit(s)
Possession Subject to Tenant Rights
Roof Flat
HOA Fee 0
Security Features Partially Fenced
Year Built 1976
View City Mountain(s) Sound
Property Subtype Multi Family
Tax Year 2025
Waterfront Features Low Bank Bulkhead Saltwater Sound
Building Name The Waterside
County Kitsap
Net Operating Income 1473489
Insurance Expense 65556
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
Subdivision Name Manette
Possible Use Multi-Family
Special Listing Conditions None
Status Pending
Directions From Downtown Bremerton cross Manette Bridge take 1st exit out of traffic circle then right on Pitt right on 11st that turns into Shore Dr. Property is green building with copper awning on water
City Bremerton
Senior Community Y/N N
High School District Bremerton #100c
Zoning Description Multi-Family
Open Parking Spaces 24
Number Of Units Total 50
MLS Area 149 - East Bremerton
Lot Size Units Square Feet
Lot Size Square Feet 37897
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 90030
Electric Expense 65158
Fuel Expense 0
Property Condition Good
Public Remarks WATERFRONT ALERT!! Not only is this 50 unit apartment building located on 200 ft of waterfront across from the Seattle Ferry & PSNS but it has an elevator new roof & UV windows and is furnished. That
Leasable Area 37000
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Pending
Amenities Clubhouse Coin Op Laundry Elevator See Remarks Storage Thermal Windows
Water Company City of Bremerton
Units Below Grade false
Units In Building Total 50
Water Sewer Garbage 54679
Property Style 56 - 10+ Units
Cap Rate 10
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Exterior
Exterior Amenities Wood
Lot Features Curbs Dead End Street Paved Sidewalk
Water Source Community
Total Parking 24
Foundation Details Pillar/Post/Pier
Building Area Total 45904
Lot Size Acres 0.87
Waterfront Y/N Y
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cabana/Gazebo Cable TV Deck Fenced-Partially High Speed Internet Outbuildings Patio Propane
Parking Uncovered Spaces 24
Lot Number 6 7 8 9
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Interior
Flooring Ceramic Tile Laminate
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 50
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2416288
Street Number 1 201
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* Excluded Features
List By
Lou Ann Quast

Listing Agent

Paramount Real Estate Group

Broker

Affordability Calculator

$101,083
Per Month
93%
7%
0%
Monthly Principal & Interest
$93,580
Monthly Property Taxes
$7,503
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
257097 Elementary School
257301 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/5/2025$15,000,000 Listed Price

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201 SHORE Drive, Bremerton, WA, 98310 is a Multi-Family Home for sale at $15,000,000 with 45,904 sqft and a lot size of 0.87. 201 SHORE Drive is a studio with 0.0 baths and was built in 1976. The property's zip code is 98310 which is in Bremerton, WA