952 Highland Avenue

Bremerton, WA 98337

$948,000
Price
3
Beds
5
Baths
2,546 Sq. Ft.
$372 / Sq. Ft.
2,546
Sq. Ft.
$372
per Sq. Ft.

Description

Seize this rare chance to own a 5-unit property with water views, perfectly located in the heart of downtown Bremerton. Situated on a charming corner lot just steps from the Manette Bridge, this property offers unparalleled rental appeal. Walk to the Bremerton ferry, making it ideal for commuters, PSNS employees and those who enjoy a vibrant downtown atmosphere. Updated with fresh paint and appliances, the building features two upstairs units, two on the main floor, and a basement apartment. Additional...Seize this rare chance to own a 5-unit property with water views, perfectly located in the heart of downtown Bremerton. Situated on a charming corner lot just steps from the Manette Bridge, this property offers unparalleled rental appeal. Walk to the Bremerton ferry, making it ideal for commuters, PSNS employees and those who enjoy a vibrant downtown atmosphere. Updated with fresh paint and appliances, the building features two upstairs units, two on the main floor, and a basement apartment. Additional income potential with basement storage and coin-operated laundry. With rents below market and a low vacancy rate, this is a prime addition to any portfolio!
  1. Listed by Erik W Hunter • Coldwell Banker Bain

Property Details for 952 Highland Avenue

Community Name
West Bremerton
School District
Bremerton #100c
View
Sound
Number of Assigned Spaces
1
Total Covered Parking
0
Entry Date
12-17-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 12/17/2024 02:21 PM

Property Details for 952 Highland Avenue

StatusActive
MLS #2317109
Days on MarketListed Today
Cumulative Days on Market5
Taxes$6,102 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1935
Lot Size0.05 AC / 2,178 SF
CountyKitsap County

Building Information for 952 Highland Avenue

Stories3Residences5Year Built1935Building Size-Lot Size0.05 AC / 2,178 SF

Property Information for 952 Highland Avenue

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 148 - West Bremerton
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: From Warren Ave, East on 11th Street - property at the corner of 11th and Highland (North side)
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Ceramic Tile, Hardwood, Carpet
  • Features: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Amenities: Coin Op Laundry
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Radiator
  • FIRPTA: No
Exterior Features
  • Exterior: Cement/Concrete, Stucco
  • Roof: Composition
  • Security Features: SecuritySystem
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 2201
  • Power Company: PSE
  • Sewer Company: City of Bremerton
  • Water Company: PUD
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1935
  • Photos Count: 23
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 13240120502007
  • Building Condition: Good
  • Calculated Square Footage: 2546
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2546.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 1
  • Number of Stories in Building: 3
  • Vacancy Rate: 1
  • Number Of Units Total: 5
  • Units Below Grade: true
  • Units In Building Total: 5
Financing / Income and Expenses
  • Electric Expense: $347
  • Total Expenses: 13780
  • Gross Adjusted Income: 64098
  • Gross Rent Multiplier: 11.88
  • Gross Scheduled Income: $79,800
  • Insurance Expense: $2,158
  • Net Operating Income: $5,571
  • Other Expenses: $500
  • Total Monthly Income: 6650
  • Fuel Expense: $2,472
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 511
  • Rent Unit 1: $1,350.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 511
  • Rent Unit 2: $1,200.00
  • Bedrooms Unit 2: 0
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: C
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 512
  • Rent Unit 3: $1,400.00
  • Bedrooms Unit 3: 1
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: D
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 512
  • Rent Unit 4: $1,190.00
  • Bedrooms Unit 4: 0
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: E
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: false
  • Square Feet Unit 5: 500
  • Rent Unit 5: $1,035.00
  • Bedrooms Unit 5: 1
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3053.0
  • Leasable Area Units: Square Feet

Property History for 952 Highland Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 952 Highland Avenue

Taxable ValueLand$72,530Additions$644,520Total$717,050
Tax Record2024$6,101 ($508 / month)
Home Facts
Baths5Total Finished SqFt2,030 SqFtAbove Ground SqFt2,030 SqFtStories1Lot Size2,178 SqFtStyleMulti-Family Dwelling (2-4)Year Built1935ZoningCITYCountyKITSAPAPN132401-2-050-2007

Schools near 952 Highland Avenue

This home is within Bremerton School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 11 to 12
Rating
School
Distance
Naval Avenue Elementary School
PublicPK to 5

Mountain View Middle School
Public6 to 8

Bremerton High School
Public9 to 12

West Sound Technical Skills Center
Public11 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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952 Highland Avenue is a multi-family home for sale in Bremerton, WA 98337. This property was listed for sale on December 17, 2024 by Coldwell Banker Bain, it's currently listed at $948,000. It has been on the market for a total of 5 days and was last sold on December 31, 2020. This listing's school district is Bremerton School District. Nearby schools include Naval Avenue Elementary School, Mountain View Middle School and Bremerton High School. 952 Highland Avenue is a 3-bed, 5-bath, 2,546 sqft multi-family home built in 1935.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Bain

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.