1818 Olympic Highway S, Shelton, WA 98584
- $404,900
- 2,500
- SqFt
Listing courtesy of AgencyOne. Selling Office: Seattle Works Real Estate.
- Sold Price
- $404,900
- List Price
- $399,900
- Status
- SOLD
- MLS#
- 2207470
- Closing Date
- Feb 28, 2025
- Days on Market
- 269
- Style
- 53 - Tri-plex
- Building Condition
- Good
- Finished SqFt
- 2,500
- Area Total SqFt
- 2500
- Annual Tax Ammount
- 1660
- Lot Size (sq ft)
- 10,019
- Sewer
- Septic Tank
Property Description
Fantastic cash flowing tri-plex with solid tenants in place. Great location close to bus lines and shopping. major remodel completed less then 3 years ago, new hot water heater in last year so this place is good to go. Don't miss this amazing investment opportunity.
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Additional Information
- List Date
- 2024-06-04 00:00:00
- Community
- Shelton
- Net Operating Income
- $36,156
- Gross Adjusted Income
- $42,600
- Gross Scheduled Income
- $3,550
- Total Monthly Income
- $3,850
- Insurance Expenses
- $881
- Water/Sewer/Garbage Expenses
- $100
- Gross Rent Multiplier
- 13.7
- Total Expenses
- $2,891
- Cap Rate
- 7.4
- Total Number of Units
- 3
- Unit Name
- 1818
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1940
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially, RV Parking
- Electric Expenses
- 250
- Energy Source
- Electric
- School District
- Shelton
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $3,850
- Gross Scheduled Income
- $3,550
- Gross Adjusted Income
- $42,600
- Tax Year
- 2023
- Insurance Expense
- $881
- W/S/G Expenses
- $100
- Total Expenses
- $2,891
- Net Operating Income
- $36,156
- Gross Rent Multiplier
- 13.7
- Cap Rate
- 7.4
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.