1602 1604 King ST Active

Shelton,WA 98584

$ 450000

4 Beds

2 Baths

1848 SqFt


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

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

Acceptable Financing Cash Out,Conventional,Rehab Loan

Listing Terms Cash Out,Conventional,Rehab Loan

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