1032 5th Street, Bremerton WA

Location, Location, Location!!! Great investment property in the Downtown Core of Bremerton. Zoning allows many uses for future development or hold for a solid cash-flow investment. Huge 3bd unit on the main floor, large attic apartment w/ 1 bedroom and a den. Two more units in the basement, one with 2bd 1ba and the 4th unit is a large 1bd that was recently updated. 3 of the 4 units have been updated within the last year. 6.4% cap rate on actual rents and could be 7.4% at market rate. Great addition to your portfolio or owner occupy one and let the rest pay your mortgage and live for free! Close to the ferry, restaurants and PSNS; great for commuters to keep the vacancy rate low. Get in on the booming downtown of Bremerton!