Property Details
2996 Northlake Way NW
Bremerton, WA 98312
$775,000
Pending
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Property Overview
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.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending
County
Kitsap
Neighborhood
Chico
Listed
Jul 10, 2026
Structure Type
Multi Family
Parcel Number
08240120302009
Tax & HOA
Annual Property Tax
$6,985 (2026)
Est. Monthly Tax
$582/mo
Financial Summary
Cap Rate
9.00%
Net Operating Income
$73,170
Gross Scheduled Income
$87,276
Gross Rent Multiplier
8.80
Total Expenses
$14,106
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
3,242
Leasable Area
3,242 sqft
Total Units
5
Lot Size
36,155 sqft
Year Built
1938
Exterior & Lot
Lot Size
0.83 sqft
Year Built
1938
Garage
1 spaces
Exterior Materials
Metal/Vinyl, Wood
Sewer
Septic Tank
Water Source
Public
Lot Features
Dead End Street, Paved
Exterior Features
Metal/Vinyl, Wood
Community & Access
Directions
Southbound: Chico Way to right on Northlake Way Northwest to left at address (between Northlake Self Storage and Northlake Mobile Home Park. North bound, Kitsap Way to left on Northlake Way NW
Location
City
Bremerton
County
Kitsap
Coordinates
47.59004, -122.71232
Additional Information
Tax Year
2026
Annual Taxes
$6,985
Possession
Array
Based on information submitted to the MLS GRID as of August 13, 2026 2:15 PM. 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
