$1,800,000
256 Burwell Street
Listing Type: For Sale
Property Type: Multi-Family
Status: Available
CBA ID#: 676246
256 Burwell St
Bremerton, WA 98337

View Map
Commercial Property

Marketing Description:

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.

Land Features:

  • Lot Size: 6970 SqFt
  • Lot Acreage: 0.16 Acres
  • Zoning: DSAP
  • Total Parking: 7
  • Covered Parking: 7

Building Features:

  • Building Size: 7452 SqFt
  • Available Space: 7452 SqFt
  • Number of Floors: 3
  • Cap Rate: 3.56%
  • Year Built: 1933
This Listing Supplied Courtesy of Reid Property Management, LLC
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity