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$435,800 For Sale

123 W Birch St
Shelton, WA 98584

6 units | Multi Family Home
14810 sq ft - MLS# 1362748
Property Photo
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Description

Don't miss out on the opportunity to own this great 6 unit multi-family building located on a corner lot in downtown Shelton. Great investment property with one 2 bedroom Unit and 5 1 bedroom units all within walking distance from stores and restaurants. Property could be short platted to create an extra build able level lot for another multi-family unit. Unit square footage's are estimates and the purchaser to verify all square footage's to their satisfaction. Cap Rate 5.5% with room to improve

Features

  • Area: Shelton
  • Area Number: 175
  • Bathrooms Unit 1: 1.00
  • Bathrooms Unit 2: 1.00
  • Bathrooms Unit 3: 1.00
  • Bathrooms Unit 4: 1.00
  • Bathrooms Unit 5: 1.00
  • Bathrooms Unit 6: 1.00
  • Bedrooms Unit 1: 1
  • Bedrooms Unit 2: 1
  • Bedrooms Unit 3: 1
  • Bedrooms Unit 4: 2
  • Bedrooms Unit 5: 1
  • Bedrooms Unit 6: 1
  • County/Area: Mason County
  • Elementary School: Buyer To Verify
  • Energy Source(heat): Electric
  • Floor Covering: Vinyl, Wall to Wall Carpet
  • General Zoning Class: Multi-Family
  • Gross Adjusted Income: $35372
  • Gross Rent Multiplier: $10
  • Gross Scheduled Income: $42600
  • Heating/Cooling: Baseboard
  • High School: Shelton High
  • Listing Status: Active
  • Lot Details: Alley, Corner Lot, Paved Street
  • Lot Dimensions: 100 X 149
  • Lot Size: 0.3400
  • Middle School: Buyer To Verify
  • Net Operating Income: $23910
  • Number of Stories in Building: 2
  • Other Expenses: $652
  • Power Company: Pud #3
  • Property Type: Multi Family Home
  • Rent Unit 1: $575
  • Rent Unit 2: $575
  • Rent Unit 3: $575
  • Rent Unit 4: $725
  • Rent Unit 5: $575
  • Rent Unit 6: $525
  • Roof: Composition
  • School District: Shelton
  • Sewer Company: City Of Shelton
  • Site Features: Cable TV, High Speed Internet
  • Sq.Ft.: 3369
  • Square Feet Unit 1: 500
  • Square Feet Unit 2: 500
  • Square Feet Unit 3: 500
  • Square Feet Unit 4: 500
  • Square Feet Unit 5: 500
  • Square Feet Unit 6: 500
  • Sub Type: Multi Family Home
  • Subdivision: Jb Sheltons 1st Add
  • Subdivision/Neighborhood: Jb Sheltons 1st Add
  • Total Expenses: $11416, $11416
  • Total Monthly Income: $3550
  • Units: 6
  • Vacancy Rate: 1
  • Water Company: City Of Shelton
  • Water Source: Public
  • Water/Sewer/Garbage: 8101
  • Year Built: 1955
  • Zip Code: 98584
  • View: City, Territorial

Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

agent photo
Richard Beckman Realty Group
Richard Beckman Realty Group LLC
117 N 8th St
Shelton, WA 98584
Phone: 360-426-5521
Email: leads@richadbeckman.com

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Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

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