Great investment opportunity in Shelton.

Sitting at a 7.4 cap these 2 duplexes won't last long. The buildings sit on one large 13, 000 sqft lot with ample space for parking. These updated duplexes consist of four 900 sqft 2-bedroom 1-bath units built in 1973 with recent updates that i nclude newer vinyl floor, carpet and interior and exterior paint.

Updated appliances, double pane vinyl windows, newer doors and trim. Both duplexs have a pleasing backyard, small laundry closet with hook ups, covered prking and a small storage Close proximity to schools and convenient location.

Request Information
on 60 E 63 Hemlock Ct
in Shelton, WA
Presented by Andre Scott at
Better Properties NW.


Property MLS #2238795 from NWMLS

+ Reveal additional info including schools and tax history

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+ Interior Features

Wall to Wall Carpet
Flooring: Vinyl, Wall to Wall Carpet

+ Heating and Cooling

Heating Features: Wall
Heating Fuel: Electric
Heating: Yes

+ Exterior and Lot Features

Wood Products

+ Garage and Parking

Carport Spaces: 2
Parking Total: 4

+ Land Info

Lot Description: Cul-de-sac
Lot Size Acres: 0.3
Lot Size Dimensions: 13, 068
Lot Size Square Feet: 13068

+ School Information

Elementary School: Buyer To Verify
High School: Buyer To Verify
High School District: Shelton
Middle School: Buyer To Verify
+ Display Complete School Details

Shelton High School is a public high school located approximately 1.7 miles away.
Map directions

Oakland Bay Junior High School is a public middle school located approximately 1.8 miles away.
Map directions

Olympic Middle School is a public elementary school located approximately 1.9 miles away.
Map directions

Mason County Christian School is a private elementary and middle school located approximately 1.2 miles away.
Map directions

+ Multi-Unit Info

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Description: 60
Unit-2 Description: 61
Unit-3 Description: 62
Unit-4 Description: 63
Unit-1 Square Feet: 900
Unit-2 Square Feet: 900
Unit-3 Square Feet: 900
Unit-4 Square Feet: 900
Unit 1 Total Actual Rent: 1519
Unit 2 Total Actual Rent: 1519
Unit 3 Total Actual Rent: 1519
Unit 4 Total Actual Rent: 1519

+ Rental Info

Leasable Area: 3536
Leasable Area Units: Square Feet

+ Homeowners Association

Calculated Total Monthly Association Fees: 0

+ Other Property Info

Annual Tax Amount: 4518
Source Listing Status: Pending
Country Region: US
County: Mason
Cap Rate: 7.39
Directions: North on McReavy, right into Oak Park, right on Hemlock Dr.
Tax Year: 2023
Other Expense: 6257
Source Property Type: Multi-Family
Possible Use: Multi-Family
Insurance Expense: 3100
Area: 175 - Shelton
List Development Name: Shelton
Source Neighborhood: Shelton
Parcel Number: 320055000006
Street Suffix Modifier: Court
Subdivision: Shelton
Zoning: MultiFamily
Source System Name: C2C
Buyer Agent Commission: 2
+ Reveal Property Sale History

Listed 2024-05-17
$750,000
NWMLS

+ Commercial Info

Net Operating Income: 55408
Operating Expense: 17734

+ Utilities

Power Production Type: Electric
Sewer: Septic
Water Source: Community

+ Building and Construction

Building Area Total: 3536
Building Area Units: Square Feet
Construction Materials: StandardFrame
Foundation Details: Slab
Living Area Units: Square Feet
Property Age: 51
Property Condition: Good
Roof: Composition
Building Total Stories: 1
Structure Type: Quadruplex
House Style: 4-Plex
Elevation Units: Feet
Year Built Effective: 1973