Back to Saved Search
Listing 14 out of 27
Sold for $370,000 Sold

123 W Birch St
Shelton, WA 98584

6 units | Multi Family Home
14810 sq ft lot - MLS# 1362748 Courtesy of Richard Beckman Realty Group
Property Photo

Sold

Sold for $370,000 on Jun 13, 2019

Description

Don't miss out on the opportunity to own this great 6 unit multi-family building located on a corner lot in downtown Shelton. Great investment property with one 2 bedroom Unit and 5 1 bedroom units all within walking distance from stores and restaurants. Property could be short platted to create an extra build able level lot for another multi-family unit. Unit square footage's are estimates and the purchaser to verify all square footage's to their satisfaction. Cap Rate 5.5% with room to improve

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Sold
  • Listing Price: $435,800
  • County/Area: Mason County
  • Zip Code: 98584
  • Year Built: 1955
  • Subdivision/Neighborhood: Jb Sheltons 1st Add
  • School District: Shelton
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Shelton High
  • Sq.Ft.: 3,369 sq ft
  • Units: 6 units
  • Lot Size: 14810 sq ft lot
  • View: City, Territorial
  • Area: Shelton
  • Area Number: 175
  • Bathrooms Unit 1: 1.00
  • Bathrooms Unit 2: 1.00
  • Bathrooms Unit 3: 1.00
  • Bathrooms Unit 4: 1.00
  • Bathrooms Unit 5: 1.00
  • Bathrooms Unit 6: 1.00
  • Bedrooms Unit 1: 1
  • Bedrooms Unit 2: 1
  • Bedrooms Unit 3: 1
  • Bedrooms Unit 4: 2
  • Bedrooms Unit 5: 1
  • Bedrooms Unit 6: 1
  • Cap Rate - NOI div LP: 5.50
  • Energy Source(heat): Electric
  • Floor Covering: Vinyl, Wall to Wall Carpet
  • General Zoning Class: Multi-Family
  • Gross Adjusted Income: $35372
  • Gross Rent Multiplier: $10
  • Gross Scheduled Income: $42600
  • Heating/Cooling: Baseboard
  • Lot Details: Alley, Corner Lot, Paved Street
  • Lot Dimensions: 100 X 149
  • Net Operating Income: $23910
  • Number of Stories in Building: 2
  • Other Expenses: $652
  • Power Company: Pud #3
  • Rent Unit 1: $575
  • Rent Unit 2: $575
  • Rent Unit 3: $575
  • Rent Unit 4: $725
  • Rent Unit 5: $575
  • Rent Unit 6: $525
  • Roof: Composition
  • Selling Agent: Andre Scott
  • Selling Office: Better Properties Meridian Inc
  • Sewer Company: City Of Shelton
  • Site Features: Cable TV, High Speed Internet
  • Square Feet Unit 1: 500
  • Square Feet Unit 2: 500
  • Square Feet Unit 3: 500
  • Square Feet Unit 4: 500
  • Square Feet Unit 5: 500
  • Square Feet Unit 6: 500
  • Total Expenses: $11416, $11416
  • Total Monthly Income: $3550
  • Vacancy Rate: 1
  • Water Company: City Of Shelton
  • Water Source: Public
  • Water/Sewer/Garbage: 8101
  • Sold Date: 2019-06-13 00:00:00
  • Sold Price: 370000.00
Courtesy of Richard Beckman Realty Group
©NorthWest MLS 2019. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website is provided courtesy of NorthWest MLS. Real estate listings held by brokerage firms other than Richard Beckman Realty Group LLC are marked with the three trees logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-06-17

Terms of Usage Agreement

Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

Richard Beckman
Richard Beckman Realty Group LLC
117 N 8th Street
Shelton, WA 98584
Phone: 360-426-5521
Email: leads@richardbeckman.com

Quick Search


view all


Any

Any

No Min.

No Max.

Contact Me





* fields are required

Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu