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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
1/25

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
  • Cap Rate - NOI div LP: 5.50
  • 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
©NorthWest MLS 2019. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Real estate listings held by brokerage firms other than Richard Beckman Realty Group LLC are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-01-20

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