2996 Northlake Way NW, Bremerton, WA 98312

$775,000
3,242
SqFt

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Listing courtesy of Windermere Prof Partners.

List Price
$775,000
Status
PENDING INSPECTION
MLS#
2531550
Days on Market
16
Style
55 - 5-9 Units
Building Condition
Average
Finished SqFt
3,242
Area Total SqFt
3242
Annual Tax Ammount
6985
Lot Size (sq ft)
36,155
Sewer
Septic Tank
Offer Review Date
2026-07-20

Property Description

Great investment opportunity! Check out this Bremerton/Chico multi-unit property conveniently located on a .83 acre parcel not far from the local military bases, downtown Bremerton and the Silverdale area. Four cabin style stick built homes plus one manufactured home. Each unit has their own inside laundry area. Most have newer roofs and updated windows. These are the only homes on this dead-end street. Owner terms: on approved credit, seller will carry back with 25% down, 6% interest on the balance, 25 year amortization with a 8 year cash out. Properties like this are rare and don't come available often. Now is a good time to take advantage of this great opportunity.

Additional Information

List Date
2026-07-10 22:51:12
Community
Chico
Net Operating Income
$73,170
Gross Adjusted Income
$82,912
Gross Scheduled Income
$87,276
Total Monthly Income
$7,273
Insurance Expenses
$4,736
Water/Sewer/Garbage Expenses
$2,100
Gross Rent Multiplier
8.8
Total Expenses
$14,106
Cap Rate
9
Vacancy Rate
5
Total Number of Units
5
Unit Name
2996
Potential Terms
Cash, Owner Will Carry
Year Built
1938
Roof
Composition, Metal
Other Expenses
285
Energy Source
Electric
School District
Central Kitsap #401
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$7,273
Gross Scheduled Income
$87,276
Vacancy Rate
5
Gross Adjusted Income
$82,912
Tax Year
2026
Insurance Expense
$4,736
W/S/G Expenses
$2,100
Total Expenses
$14,106
Net Operating Income
$73,170
Gross Rent Multiplier
8.8
Cap Rate
9
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.
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