140 S Cambrian Avenue, Bremerton, WA 98312
- $436,999
- 2,192
- SqFt
Listing courtesy of COMPASS.
- List Price
- $436,999
- Status
- ACTIVE
- MLS#
- 2556224
- Days on Market
- 32
- Style
- 52 - Duplex
- Finished SqFt
- 2,192
- Area Total SqFt
- 2192
- Annual Tax Ammount
- 3796
- Lot Size (sq ft)
- 6,098
- Sewer
- Sewer Connected
Property Description
Investor or owner-occupant opportunity in the heart of Bremerton. This two-unit property offers 2,192 sq ft of livable space minutes from Puget Sound Naval Shipyard and Naval Base Kitsap — one of the region's most reliable rental markets.The larger unit is a spacious 3-bed/1-bath at 1,523 sq ft, with room for roommates, while the second is an efficient 1-bed/1-bath at 669 sq ft — ideal for a single tenant or a low-maintenance rental. Both come equipped with range/oven, refrigerator, and dishwasher, plus shared on-site laundry. Covered parking and additional street parking mean tenants always have a spot. Both units are vacant and ready now — a clean slate to set rents at today's market, or live in one side while the other helps cover your mortgage. Projected rents pencil to $3,050/month, driving $36,600 gross scheduled income, $26,114 NOI, and a 5.67% cap rate at list. Steady military and civilian demand keeps vacancy low and tenants dependable. House-hack into ownership or run it turnkey from day one. Double listed MLS#
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Additional Information
- List Date
- 2026-06-24 23:13:14
- Community
- Navy Yard City
- Net Operating Income
- $26,114
- Gross Adjusted Income
- $34,770
- Gross Scheduled Income
- $36,600
- Total Monthly Income
- $3,050
- Insurance Expenses
- $2,160
- Water/Sewer/Garbage Expenses
- $900
- Gross Rent Multiplier
- 12.56
- Total Expenses
- $8,656
- Cap Rate
- 5.67
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 140
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1916
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Patio
- Electric Expenses
- 900
- Energy Source
- Electric, Natural Gas
- School District
- Bremerton #100c
- Elementary School
- West Hills Elem
- Middle School
- Mtn View Mid
- High School
- Bremerton High
- Total Monthly Income
- $3,050
- Gross Scheduled Income
- $36,600
- Vacancy Rate
- 5
- Gross Adjusted Income
- $34,770
- Tax Year
- 2025
- Insurance Expense
- $2,160
- W/S/G Expenses
- $900
- Total Expenses
- $8,656
- Net Operating Income
- $26,114
- Gross Rent Multiplier
- 12.56
- Cap Rate
- 5.67
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.