123 W Alder Street, Shelton, WA 98584
- $375,000
- 3,276
- SqFt
Listing courtesy of Keller Williams South Sound. Selling Office: AgencyOne.
- Sold Price
- $375,000
- List Price
- $400,000
- Status
- SOLD
- MLS#
- 2259584
- Closing Date
- Aug 26, 2024
- Days on Market
- 8
- Style
- 54 - 4-Plex
- Finished SqFt
- 3,276
- Area Total SqFt
- 3276
- Lot Size (sq ft)
- 6,098
- Sewer
- Sewer Connected
Property Description
Attention Investors! Discover this spacious four-plex in downtown Shelton, boasting over 3,000 square feet. With income potential from four units, this property is ripe for restoration to its former glory. Enjoy endless possibilities in a prime location near shopping, hiking, lakes, the canal, and more. Just 25 minutes from Olympia and an easy commute to JBLM. Seize this opportunity today!
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Additional Information
- List Date
- 2024-08-18 00:00:00
- Community
- Shelton
- Net Operating Income
- $20,490
- Gross Scheduled Income
- $25,800
- Total Monthly Income
- $2,150
- Water/Sewer/Garbage Expenses
- $3,910
- Gross Rent Multiplier
- 15.5
- Total Expenses
- $5,310
- Cap Rate
- 5
- Vacancy Rate
- 50
- Total Number of Units
- 4
- Unit Name
- 123
- Potential Terms
- Cash Out, Conventional, FHA, USDA Loan, VA Loan
- Year Built
- 1940
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV
- Electric Expenses
- 750
- Energy Source
- Electric, Natural Gas
- School District
- Shelton
- Total Monthly Income
- $2,150
- Gross Scheduled Income
- $25,800
- Vacancy Rate
- 50
- Tax Year
- 2023
- W/S/G Expenses
- $3,910
- Total Expenses
- $5,310
- Net Operating Income
- $20,490
- Gross Rent Multiplier
- 15.5
- Cap Rate
- 5
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.