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Jodie Guedon
31 Mill Creek Rd SE, Shelton, WA 

360-426-5555
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Listing 16 out of 79
$399,950 Pending Inspection

1125 N 13th St
Shelton, WA 98584

4 units | Multi Family Home
9257 sq ft - MLS# 1416976 Courtesy of Blue Ridge Realty, Inc.
Property Photo
1/20

Description

3-16 UPDATE: Multiple Offers. GREAT INVESTMENT OPPORTUNITY + 8% CAP RATE!! Large Mediterranean style building w/ long term tenants. Recent major systems: All NEW Vinyl Windows & new forced-air wall heaters, newer architectural roof & lifetime stucco sidings. Large 2br/1ba units: 975 sq-ft PLUS 300 sq-ft garage spaces for each unit. In a private cul-de-sac of 5 other 4-plex privately owned buildings.Rare offering best building; large lot w/greenbelt & yards. (NO SIGN)

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Pending Inspection
  • County/Area: Mason County
  • Zip Code: 98584
  • Year Built: 1977
  • School District: Shelton
  • Sq.Ft.: 5,200 sq ft
  • Units: 4 units
  • Garage: 4+-Car
  • # of Parking Spaces: 4, 12
  • Lot Size: 9257 sq ft
  • Area: Shelton
  • Amenities: Storage, Thermal Windows
  • Area Number: 175
  • Bathrooms Unit 1: 1.00
  • Bathrooms Unit 2: 1.00
  • Bathrooms Unit 3: 1.00
  • Bathrooms Unit 4: 1.00
  • Bedrooms Unit 1: 2
  • Bedrooms Unit 2: 2
  • Bedrooms Unit 3: 2
  • Bedrooms Unit 4: 2
  • Building Condition: Good
  • Cap Rate - NOI div LP: 7.90
  • Electrical Expenses: $1200
  • Energy Source(heat): Electric
  • Exterior: Stucco
  • Floor Covering: Vinyl, Wall to Wall Carpet
  • Foundation: Poured Concrete
  • General Zoning Class: Multi-Family
  • Gross Adjusted Income: $43184
  • Gross Rent Multiplier: $12
  • Gross Scheduled Income: $44520
  • Heating/Cooling: Wall
  • Insurance Expenses: $1718
  • Lot Details: Corner Lot, Cul-de-sac, Paved Street
  • Net Operating Income: $31557
  • Number of Carport Spaces: 4
  • Number of Stories in Building: 2
  • Number of Uncovered Spaces: 4
  • Other Expenses: $1581
  • Power Company: Mason Co Pud
  • Rent Unit 1: $930
  • Rent Unit 2: $895
  • Rent Unit 3: $985
  • Rent Unit 4: $895
  • Roof: Composition
  • Sewer Company: City Shelton
  • Square Feet Unit 1: 975
  • Square Feet Unit 2: 975
  • Square Feet Unit 3: 975
  • Square Feet Unit 4: 975
  • Total Expenses: $11628, $11628
  • Total Garage Capacity: 4
  • Total Monthly Income: $3705
  • Vacancy Rate: 3
  • Water Company: City Shelton
  • Water/Sewer/Garbage: 3240
Courtesy of Blue Ridge Realty, Inc.
©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 Shelton Land & Homes, 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 2019-03-23

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Shelton Land and Homes, LLC | 360-426-5555 | Contact Us 
P.O. Box 1639, SE 31 Mill Creek Road - Shelton, WA 98584
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