101 S 1st St

    Shelton, WA 98584
    • $3,250,000
    • STATUS: Active
    • ON SITE: 34 days
    • ID#: 1556143
    UPDATED: 33 min ago
    $3,250,000
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,536
      SQFT
    • $209
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1908
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of Pettit Realty Llc.

    Description

    Built in 1908 & designated a Historic Building in 2003. Only mixed use property in downtown Shelton & largest of similar vintage bldgs. Dominates premier location/address-Intersection of First & Railroad, aka Hwy 3,heavily traveled commuter arterial. Parcel numbers 320195015001& 320195015008.Building was renovated following the 2000 earthquake inc seismic improvements & cosmetic updating. Apartments new carpeting, vinyl flooring & appliances in 2000 & updated and maintained w/turnovers.

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    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 Real Estate Solutions Group - NWRE LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-02-22T00:15:19.427.

    www.resg.com/homes/102415545

    101 S 1st St Shelton, WA 98584

    • Price: $3,250,000
    • Status: Active
    • Updated: 33 min ago
    • ID#: 1556143
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    15,536
    SQFT
    $209
    $/SQFT
    1908
    Built
    Neighborhood:
    Shelton
    County:
    Mason
    Area:
    Shelton
    School District:
    Shelton
    Property Description
    Built in 1908 & designated a Historic Building in 2003. Only mixed use property in downtown Shelton & largest of similar vintage bldgs. Dominates premier location/address-Intersection of First & Railroad, aka Hwy 3,heavily traveled commuter arterial. Parcel numbers 320195015001& 320195015008.Building was renovated following the 2000 earthquake inc seismic improvements & cosmetic updating. Apartments new carpeting, vinyl flooring & appliances in 2000 & updated and maintained w/turnovers.
    Exterior Features

    Building Condition Restored Carport Spaces 0 Exterior Stucco Foundation Poured Concrete Garage Spaces 0 Lot Details AlleyCorner LotCurbsSidewalk Roof Torch Down Stories In Building 3 Style 56 - 6-9 Units Total Parking Spaces 8 Uncovered Spaces 8

    Interior Features

    Floor Covering Ceramic TileVinylWall to Wall Carpet Heating And Cooling Forced Air Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 445 Unit2 Bathrooms 1.00 Unit2 Bedrooms 0 Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 250 Unit3 Bathrooms 0.00 Unit3 Bedrooms 0 Unit3 Fireplaces 0 Unit3 Sq Ft 3400 Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 490 Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 680 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 792 Units Below Grade N

    Property Features

    Amenities Coin Op LaundryElevatorFire SprinklersThermal WindowsSee Remarks Bank Owned No Cap Rate 7.00 Electrical Expenses 21000 Energy Source ElectricNatural Gas EPSEnergy 0 Form17 Provided General Zoning Classification CommercialMulti-Family Gross Adjusted Income 369227 Gross Rent Multiplier 8 Gross Scheduled Income 394512 Heating Expenses 4800 Hers Index 0 Home Owner Dues 0 Insurance Expenses 9989 Leased Items None Net Operating Income 222094 New Construction YN No Other Expenses 2565 Possession See RemarksSub. Tenant's Rights Power Company Mason Pud Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Shelton Site Features Cable TVGas AvailableHigh Speed InternetSprinkler System Tax Amount 16230 Tax Year 2019 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 147133 Total Expenses TEX 147133 Total Monthly Income 394512 Unit1 Monthly Rent 849 Unit2 Monthly Rent 645 Unit3 Monthly Rent 2800 Unit4 Monthly Rent 500 Unit5 Monthly Rent 835 Unit6 Monthly Rent 975 Vacancy Rate 4 Water Company Shelton Water Sewer Garbage 39300 Water Source Public Zoning Jurisdiction City

    Listing information © 2020 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 Real Estate Solutions Group - NWRE LLC 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 Real Estate Solutions Group - NWRE LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-02-22T00:15:19.427.

     
    Real Estate Solutions Group - NWRE LLC
    1027 State Ave, Suite 102
    Marysville WA, 98270
    Listing Courtesy of Pettit Realty Llc.