900 E Phillips Lake Road, Shelton, WA 98584

$330,000
2,772
SqFt

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Listing courtesy of Westmoreland Properties. Selling Office: AgencyOne.

Sold Price
$330,000
List Price
$330,000
Status
SOLD
MLS#
2125154
Closing Date
Aug 11, 2023
Days on Market
5
Style
52 - Duplex
Building Condition
Fair
Finished SqFt
2,772
Area Total SqFt
2772
Annual Tax Ammount
3193
Lot Size (sq ft)
14,810
Sewer
Septic Tank

Property Description

!Investor Special! 2 units total. Both leases are month to month with income of $2,200. 4 bedroom septic but both units live as 3 bedrooms. Rents have not been raised since prior to 2019. With minor improvements market rents would be closer to $1600 per unit. Both units include garage, stove, fridge. Unit B includes dishwasher and washer/dryer. Priced for a competitive cap rate as a passive investment or bring your work boots to unlock unrealized value. Same seller offering 2 more duplexes close by at MLS#2101894

Additional Information

List Date
2023-08-06 00:00:00
Community
Shelton
Gross Scheduled Income
$26,400
Total Monthly Income
$2,200
Total Expenses
$3,193
Total Number of Units
2
Unit Name
900
Potential Terms
Cash Out, Conventional
Year Built
1995
Roof
Composition
Site Features
Deck, High Speed Internet
Energy Source
Electric
School District
Shelton
Total Monthly Income
$2,200
Gross Scheduled Income
$26,400
Tax Year
2021
Total Expenses
$3,193
Based on information submitted to the MLS GRID as of . 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.
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