Property Details

2507 Erlands Point Road NW
Bremerton, WA 98312
$409,900
MLS# 2494904 courtesy of NWMLS Listing firm: Ison Realty

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2507 Erlands Point Road NW, Bremerton, WA 98312, Bremerton

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2507 Erlands Point Road NW, Bremerton, WA 98312, Bremerton

1 / 8
Multi-Family
Property Type
1,222
Bldg Sq Ft
2
Units
7.50%
Cap Rate
1944
Year Built

Property Overview

Centrally located duplex in the desirable Erlands Point Community and 1 block from the Kitsap Golf & Country Club! EZ property to rent! 2505 is a 1 bedroom / 1 bath unit with a long-term tenant and in great shape. 2507 is 2 bedroom / 1 bath with new "Life Proof" flooring and a modest remodel. Both units have newer dbl pane vinyl windows. This property can be purchased together with the neighboring property located at 3500 Dyes Inlet Rd, MLS# 2456797 and the owner is willing to consider owner financing with agreeable terms, OAC. Great opportunity for the first time home buyer or an investor!

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Kitsap
Neighborhood Chico
Listed Mar 19, 2026
Original Price $413,900

Financial Summary

Cap Rate 7.50%
Net Operating Income $30,464
Gross Scheduled Income $36,000
Gross Rent Multiplier 11.70
Total Expenses $5,536

Building & Use

Building Sq Ft 1,222
Leasable Area 1,222 sqft
Total Units 2
Zoning Multi-Family
Possible Use Multi-Family
Lot Size 3,920 sqft
Year Built 1944

Exterior & Lot

Lot Size 0.09 sqft
Year Built 1944
Exterior Materials Cement, Wood
Parking RV Parking
Sewer Septic Tank
Water Source Community
Lot Features Community Golf Course, Corner Lot, Cul-De-Sac, Dead End Street, Paved
Exterior Features Cement/Concrete, Wood

Location

City Bremerton
County Kitsap
Coordinates 47.59637, -122.70144

Additional Information

Tax Year 2025
Annual Taxes $2,678
Possession Array
Listed By
Shane Ison
Ison Realty

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