Property Details
2507 Erlands Point Road NW
Bremerton, WA 98312
$409,900
Active
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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
