Strong rental income today, exciting potential for tomorrow! This centrally located Shelton fourplex is a great investment opportunity or an ideal house hack-live in one unit and let rent from the others help cover your mortgage payment. Each well-kept unit features 2 bedrooms and 1 bath, with one currently vacant, creating an opportunity for owner-occupied financing. Great long-term tenants occupy the other three units, and vacancies have historically been easy to fill. Renovated just a few years ago with a new roof, windows, and siding, the building also generates washer and dryer income. Nearly 3,000 square feet of unused storage space offers exceptional potential for added revenue, and a property management company is available for ongoing management. Established income, major updates, and room to build value!
| MLS # | 2596172 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1945 |
| Days On Site | 18 |
| Listing Provided By | COMPASS | Zachary Lazo |
| SQ Feet | 6,320 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Acreage | 0.19 |
| Property | 4895 |
|---|
| State | WA |
|---|---|
| County | Mason |
| City | Shelton |
| Zip Code | 98584 |
| Area | 175 Shelton |
| Community Name | Downtown |
| Listing VS Median (in Downtown) | |
Price: $550,000 low | high Med: $744,500 sqft: 6,320 low | high Med: 1,075 $ / sqft: $87 low | high Med: $699 On site: 18 low | high Med: 43 | |
| State | WA |
|---|---|
| County | Mason |
| City | Shelton |
| Zip Code | 98584 |
| Area | 175 Shelton |
| Community Name | Downtown |
| Listing VS Median (in Downtown) | |
Price: $550,000 low | high Med: $744,500 sqft: 6,320 low | high Med: 1,075 $ / sqft: $87 low | high Med: $699 On site: 18 low | high Med: 43 | |