1125 N 13th St

    Shelton, WA 98584
    • $449,950
    • STATUS: Active
    • ON SITE: 7 days
    • ID#: 1410203
    UPDATED: 49 min ago
    $449,950
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1977
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of Blue Ridge Realty, Inc..

    Description

    GREAT INVESTMENT OPPORTUNITY + 7% CAP RATE (rate of return) A very stable building w/ long term tenants. Recent major systems upgrades: All NEW Vinyl windows & forced air wall heaters, newer architectural roof & lifetime stucco sidings. Large 2br/1ba units: 975 sq-ft PLUS 300 sq-ft garage spaces each unit. Situated in a private culdesac of 5 other 4-plex privately owned buildings. A Rare offering & best building in complex; sits on its own w/ greenbelt & yard spaces. (No Sign) Must see!

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Costello Team | ReMax Integrity are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-02-19T18:16:00.23.

    www.costelloteam.com/homes/91737919

    1125 N 13th St Shelton, WA 98584

    • Price: $449,950
    • Status: Active
    • Updated: 49 min ago
    • ID#: 1410203
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    1977
    Built
    Neighborhood:
    Shelton
    County:
    Mason
    Area:
    Shelton
    School District:
    Shelton
    Property Description
    GREAT INVESTMENT OPPORTUNITY + 7% CAP RATE (rate of return) A very stable building w/ long term tenants. Recent major systems upgrades: All NEW Vinyl windows & forced air wall heaters, newer architectural roof & lifetime stucco sidings. Large 2br/1ba units: 975 sq-ft PLUS 300 sq-ft garage spaces each unit. Situated in a private culdesac of 5 other 4-plex privately owned buildings. A Rare offering & best building in complex; sits on its own w/ greenbelt & yard spaces. (No Sign) Must see!
    Exterior Features

    Building Condition Good Carport Spaces 4 Exterior Stucco Foundation Poured Concrete Garage Spaces 4 Lot Details Corner LotCul-de-sacPaved Street Roof Composition Stories In Building 2 Style 54 - 4-Plex Total Parking Spaces 12 Uncovered Spaces 4

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling Wall Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 975 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 975 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 975 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 975 Unit4 Washer Dryer N Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Amenities StorageThermal Windows Bank Owned No Cap Rate 7.00 Electrical Expenses 1200 Energy Source Electric EPSEnergy 0 Form17 Exempt General Zoning Classification Multi-Family Gross Adjusted Income 43184 Gross Rent Multiplier 10 Gross Scheduled Income 44520 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1718 Leased Items None Net Operating Income 31557 New Construction YN No Other Expenses 1581 Possession ClosingSub. Tenant's Rights Power Company Mason Co Pud Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company City Shelton Tax Amount 3889 Tax Year 2018 Terms Cash OutConventionalFHA Third Party Approval Required None Total Expenses EXP 11628 Total Expenses TEX 11628 Total Monthly Income 3705 Unit1 Monthly Rent 930 Unit2 Monthly Rent 895 Unit3 Monthly Rent 985 Unit4 Monthly Rent 895 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 3 Water Company City Shelton Water Sewer Garbage 3240 Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Costello Team | ReMax Integrity and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Costello Team | ReMax Integrity are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-02-19T18:16:00.23.

     
    Costello Team | ReMax Integrity
    371 NE Gilman Blvd.
    Issaquah WA, 98027
    Listing Courtesy of Blue Ridge Realty, Inc..