15
See all 15 photos
Listed by COMPASS
$450,000
Est. payment /mo
4 Beds
2 Baths
1,848 SqFt
Active
1602 1604 King ST Shelton, WA 98584
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,848 sqft
Price per Sqft $243
Subdivision Mountain View
MLS Listing ID 2339344
Style 52 - Duplex
Bedrooms 4
Year Built 1975
Annual Tax Amount $4,290
Lot Size 9,356 Sqft
Property Sub-Type Multi Family
Property Description
Presenting a fully occupied 1,848 SF DUPLEX on a generous 14,810 SF lot, currently operating as transitional housing with strong potential for future conversion into market-rate rentals. This property generates an impressive $21,429 in annual NOI. This property features two 2-bed, 1-bath units, each with a comfortable living room, dining area, and spacious galley kitchen. Additional amenities include private patios, fully fenced yards, in-unit laundry, one-car garages for each unit, and ample parking for residents and guests. Conveniently located near restaurants, grocery stores, and major highways, this property offers strong rental potential and represents a solid investment opportunity for both experienced and first-time investors.
Location
State WA
County Mason
Area 175 - Shelton
Interior
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Amenities Available Fenced-Fully, RV Parking
View Y/N No
Roof Type Composition
Building
Lot Description Corner Lot, Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Shelton
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, Rehab Loan
Listing Terms Cash Out, Conventional, Rehab Loan
"Three Trees" icon indicates a listing provided courtesy of NWMLS.