218 N First St

    Shelton, WA 98584
    • $200,000
    • STATUS: Pending
    • ON SITE: 65 days
    • ID#: 1393874
    Under Contract
    $200,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1938
    County:
    Area:

    School Ratings & Info

    Listing Courtesy of Century 21 Northwest.

    Description

    Ideally located investment property with two storefronts right on First Street in Shelton with 4-apartments upstairs. This is a rare opportunity to be able to buy a great cash flowing commercial property or to buy a building to run your business and have the apartments offset the cost of financing. This property is fully leased currently and generates around $3,100 per month in income!

    Monthly Payment Calculator

    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate McKenzie Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-02-17T00:15:13.847.

    www.bhgmckenzie.com/homes/90061963

    218 N First St Shelton, WA 98584

    • Price: $200,000
    • Status: Pending
    • ID#: 1393874
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    1938
    Built
    Neighborhood:
    Downtown
    County:
    Mason
    Area:
    Shelton
    Property Description
    Ideally located investment property with two storefronts right on First Street in Shelton with 4-apartments upstairs. This is a rare opportunity to be able to buy a great cash flowing commercial property or to buy a building to run your business and have the apartments offset the cost of financing. This property is fully leased currently and generates around $3,100 per month in income!
    Exterior Features

    Building Condition Average Exterior Cement/ConcreteWood Foundation Slab Lot Depth 0 Lot Dimensions 60*60 Lot Topography And Vegetation Level Roof Flat Site Frontage 60 Style 75 - Retail Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 0 Waterfront Footage 0

    Interior Features

    Building Sq Ft 4800 Office Sq Ft 2400 Total Sq Ft Rented 0

    Property Features

    Assessed Value Improvements 0 Assessed Value Land 0 Assessed Value Total 0 Assessed Value Year 0 Available Pads 0 Bank Owned No Boundary Survey 14.00 Electrical Expenses 0 EPSEnergy 0 Form17 Provided General Zoning Classification BusinessMulti-FamilyOfficeRetail Gross Adjusted Income 28274 Gross Rent Multiplier 19 Gross Scheduled Income 37200 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1200 Net Operating Income 28274 Other Expenses 0 Possession Sub. Tenant's Rights Power Company Pud 3 Power Service Amps 0 Right Of First Refusal No Sewer Company Shelton Tax Amount 766 Tax Year 2017 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 8626 Total Expenses TEX 8626 Total Monthly Rent 3100 Vacancy Rate 0 Water Company Shelton Water Sewer Garbage 6960 Water Source PublicSee Remarks Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Better Homes and Gardens Real Estate McKenzie Group and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate McKenzie Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-02-17T00:15:13.847.

     
    Better Homes and Gardens Real Estate McKenzie Group
    19188 Eighth Avenue NE
    Poulsbo WA, 98370
    Listing Courtesy of Century 21 Northwest.