Bremerton, WA 98310 201 SHORE Drive
$15,000,000
35 more
Presented By: Paramount Real Estate Group and NWMLS
- MLS# 2416288
- 08/05/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 45,904
Home Details
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 $4,500 a month. The building is mere feet away from the water with over 2000 sq ft of patio, 6 gazebos covering the outdoor kitchen with 2 bbqs, 14 ft bar, firepit & more. There is a small gym, 28 cameras, & the rec room has a full kitchen, several seating areas, 70″ TV, office & business center. ONCE IN A LIFE TIME PROPERTY!
Presented By: Paramount Real Estate Group and NWMLS
Interior Features for 201 SHORE Drive
Bedrooms
Bedrooms Possible50
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringCeramic Tile, Laminate
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories3
General for 201 SHORE Drive
AmenitiesClubhouse, Coin Op Laundry, Elevator, See Remarks, Storage, Thermal Windows
Building Area UnitsSquare Feet
Building NameThe Waterside
Cap Rate10
Carport Spaces
Carport Y/NNo
CityBremerton
CoolingOther See Remarks, Window Unit(s)
CountyKitsap
DirectionsFrom Downtown Bremerton, cross Manette Bridge, take 1st exit out of traffic circle then right on Pitt, right on 11st that turns into Shore Dr. Property is green building with copper awning on water
Electric Expense65158
Energy EfficientThermal Windows
Fuel Expense
HOANo
HOA Fee$
HeatingWall Unit(s)
High School DistrictBremerton #100c
Insurance Expense65556
Leasable Area37000
Listing TermsCash Out, Conventional
Lot Size Square Feet37897
Lot Size UnitsSquare Feet
MLS Area149 – East Bremerton
ModificationTimestamp2025-08-12T18:52:12.965Z
NWM_ShowMapLinkY
Net Operating Income1473489
New ConstructionNo
Number Of Units Total50
Open Parking Spaces24
PossessionSubject to Tenant Rights
Possible UseMulti-Family
Property ConditionGood
Property Style56 – 10+ Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksWATERFRONT 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
RoofFlat
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameManette
Tax Annual Amount90030
Tax Year2025
Units Below Gradefalse
Units In Building Total50
ViewCity, Mountain(s), Sound
Water CompanyCity of Bremerton
Water Sewer Garbage54679
Waterfront FeaturesLow Bank, Bulkhead, Saltwater, Sound
Year Built1976
Zoning DescriptionMulti-Family
Exterior for 201 SHORE Drive
Building Area Total45904
Covered Spaces
Exterior AmenitiesWood
Foundation DetailsPillar/Post/Pier
Irrigation Water Rights Y/NNo
Lot FeaturesCurbs, Dead End Street, Paved, Sidewalk
Lot Number6, 7, 8, 9
Lot Size Acres0.87
Parking Uncovered Spaces24
Site FeaturesCabana/Gazebo, Cable TV, Deck, Fenced-Partially, High Speed Internet, Outbuildings, Patio, Propane
Total Parking24
Water SourceCommunity
Waterfront Y/NYes
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®