60 E -63 Hemlock Court, Shelton, WA 98584
- $732,500
- 3,536
- SqFt
Listing courtesy of Better Properties NW. Selling Office: AgencyOne.
- Sold Price
- $732,500
- List Price
- $750,000
- Status
- SOLD
- MLS#
- 2238795
- Closing Date
- Jun 17, 2024
- Days on Market
- 11
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 3,536
- Area Total SqFt
- 3536
- Annual Tax Ammount
- 4518
- Lot Size (sq ft)
- 13,068
- Sewer
- Septic Tank
Property Description
Great investment opportunity in Shelton. Sitting at a 7.4 cap these 2 duplexes won't last long. The buildings sit on one large 13,000 sqft lot with ample space for parking. These updated duplexes consist of four 900 sqft 2-bedroom 1-bath units built in 1973 with recent updates that include newer vinyl floor, carpet, and interior and exterior paint. Updated appliances, double pane vinyl windows, newer doors and trim. Both duplex’s have a beautiful backyard, small laundry closet with hook ups, covered parking and a small storage Close proximity to schools & convenient location.
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Additional Information
- List Date
- 2024-06-06 00:00:00
- Community
- Shelton
- Net Operating Income
- $55,408
- Gross Adjusted Income
- $73,143
- Total Monthly Income
- $6,398
- Insurance Expenses
- $3,100
- Water/Sewer/Garbage Expenses
- $3,859
- Total Expenses
- $17,734
- Cap Rate
- 7.39
- Vacancy Rate
- 5
- Total Number of Units
- 4
- Unit Name
- 60
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1973
- Roof
- Composition
- Other Expenses
- 6257
- Energy Source
- Electric
- School District
- Shelton
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $6,398
- Vacancy Rate
- 5
- Gross Adjusted Income
- $73,143
- Tax Year
- 2023
- Insurance Expense
- $3,100
- W/S/G Expenses
- $3,859
- Total Expenses
- $17,734
- Net Operating Income
- $55,408
- Cap Rate
- 7.39
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.