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403 N 3rd Street Shelton, WA $ 485,000
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$ 485,000 Get more info
403 N 3rd Street
$ 485,000
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403 N 3rd Street

Shelton, WA, 98584
$ 485,000
Baths0.0 Sq 2,976

Monthly Estimate*

$ 3,223

Listed by Keller Williams Realty PS
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Studio

Multi-Family Home for sale in Shelton, WA

for $485,000. This 2,976 square foot home was built in 1901 on a lot size of 0.14.

Zoned Commercial/Residential - Vally, current use approved. Home has 10 bedrooms currently rented as individual residences. Each unit rents for $900-1000/mo. Can also be rented as office spaces. Electrical recently updated. Hardwood floors throughout. Large kitchen w/ plenty of storage. Great corner lot location. Covered deck. Detached garage, plus carport, & adjacent storage area - possible value add opportunity w/ addition of coin laundry/storage rental. Walking distance to grocery stores, restaurants, hospital, & transit station. More profitable & less management than STR/AirBNB! Opportunity to own a piece of Shelton's history, 1901 Victorian built by Sol Simpson

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Multi-Family Pending

Price

$ 485,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,283

Style

10+ Units

Lot Size

0.14

Year Built

1901

Town/City

Shelton

County/Region

Mason

MLS | Web ID

2075300
Features
General
Interior Features Ceramic Tile Hardwood
Sewer Sewer Connected
Heating Baseboard Stove/Free Standing
Cooling None
Possession Closing See Remarks
Roof Composition
Exterior Features Wood Wood Products
HOA 0
Year Built 1901
View Territorial
Property SubType Multi-Family
Tax Year 2022
Building Name Downtown
County Mason
Net Operating Income 88417
Insurance Expense 1
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Shelton
Possible Use Multi-Family
Special Listing Conditions None
Status Pending Inspection
Directions Downtown Shelton. Corner of 3rd and W. Pine.
City Shelton
Buyer Agent Compensation 2.5
View Y/N Y
Senior Community Y/N N
High School District Shelton
Open Parking Spaces 5
NumberOfUnitsTotal 10
MLS Area 175 - Shelton
Lot Size Units Square Feet
Lot Size Square Feet 6098
Waterfront Y/N N
Carport Spaces 1
Carport Y/N N
Listing Terms Cash Out Conventional See Remarks
Tax Annual Amount 2283
Electric Expense 2998
Fuel Expense 1
Property Condition Good
Public Remarks Zoned Commercial/Residential - Vally current use approved. Home has 10 bedrooms currently rented as individual residences. Each unit rents for $900-1000/mo. Can also be rented as office spaces. Elect
Leasable Area 2976
Structure Type Multi Family
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Water Company City of Shelton
Units Below Grade false
Units In Building Total 10
Zoning Class Multi-Family
Water Sewer Garbage 3500
Property Style 56 - 10+ Units
Cap Rate 16
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Interior
Flooring Ceramic Tile Hardwood
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 9
Power Production Type Electric Wood
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Corner Lot Curbs Paved
Water Source Public
Total Parking 7
Foundation Details Poured Concrete
Building Area Total 2976
Lot Dimensions 100' x 59'
Lot Size Acres 0.14
Covered Spaces 1
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Gas Available High Speed Internet Outbuildings Patio Shop
Parking Uncovered Spaces 5
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Internal Only
OriginalMLSID NWM2075300
Street Number 1 403
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* Excluded Features
List By
Susan Volz

Listing Agent

Keller Williams Realty Ps

Broker

Affordability Calculator

$3,414
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,223
Monthly Property Taxes
$190
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
257521 Elementary School
258133 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/11/2023$485,000 -2.99% Price Down
6/1/2023$499,950 Listed Price

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403 N 3rd Street, Shelton, WA, 98584 is a Multi-Family Home for sale at $485,000 with 2,976 sqft and a lot size of 0.14. 403 N 3rd Street is a studio with 0.0 baths and was built in 1901. The property's zip code is 98584 which is in Shelton, WA

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