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900 Olympic Ave, Shelton, WA 98584
900 Olympic Ave, Shelton, WA 98584
900 Olympic Ave, Shelton, WA 98584
900 Olympic Ave, Shelton, WA 98584
900 Olympic Ave, Shelton, WA 98584
900 Olympic Ave, Shelton, WA 98584
Listing courtesy of: Kevin Gordham, Exit Realty Boardwalk
For Sale (MLS-listed)
$499,000

900 Olympic Ave Shelton, WA 98584

Beds: 11
Baths: -
Sq. Ft.: 6,200
$/Sq. Ft.: $80
Lot Size: 0.43 Acres
Property Type:Multi-Family
Style:10+ Units
Stories:3
View(s):Territorial
Year Built: 1942
Community: Angleside
County: Mason
MLS#: 29113753
Source: NWMLS
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 113 days
Cumulative: 165 days
10 unit apartment building. Seven 2BD/1BA units and three 1BD/1BA units. New roof in 2006. Several units have new carpeting and appliances.

Flooring Information

  • Vinyl Floor
  • Wall-to-Wall Carpet

Utility Information

  • Energy Source: Electric
  • Energy Source: Natural Gas
  • Public Water Source
  • Sewer Connected
  • Power Company: PUD 3
  • Water Company: City of Shelton
  • Sewer Company: City of Shelton

Property Features

  • Basement
  • Coin Operated Laundry
  • Cable Television
  • Partially Fenced

Unit 3 Information

  • # of Bedrooms: 2
  • # of Baths: 1
  • Sq. Ft.: 600
  • Has Range/Oven
  • Has Refrigerator
  • Monthly Rent: $575
  • Unit Number: 3

Unit 6 Information

  • # of Bedrooms: 1
  • # of Baths: 1
  • Sq. Ft.: 600
  • Has Range/Oven
  • Has Refrigerator
  • Monthly Rent: $525
  • Unit Number: 6

Property Information

  • Tax ID #: 320196001001
  • Vacancy Rate: 5

Equipment

  • Leased Washer/Dryer

Building Information

  • # of Units: 10
  • Building Condition: Good
  • Wood Products Exterior
  • Poured Concrete Foundation
  • Composition Roof

Unit 1 Information

  • # of Bedrooms: 2
  • # of Baths: 1
  • Sq. Ft.: 600
  • Has Range/Oven
  • Has Refrigerator
  • Monthly Rent: $575
  • Unit Number: 1

Unit 4 Information

  • # of Bedrooms: 2
  • # of Baths: 1
  • Sq. Ft.: 600
  • Has Range/Oven
  • Has Refrigerator
  • Monthly Rent: $575
  • Unit Number: 4

Lot Information

  • Lot on Dead-End Street
  • Lot Is On Paved Street
  • Zoning Jurisdiction: City
  • General Zoning Class: Multi-Family

Financial Information

  • Cash Out
  • Conventional
  • Annual Taxes: $4,431
  • Tax Year: 2008
  • Cap Rate (NOI/LP): 9.11
  • Gross Rent Multiplier: 7
  • Total Monthly Income: $5,600
  • Gross Scheduled Income: $67,200
  • Gross Adjusted Income: $63,840
  • Net Operating Income: $45,435
  • Electrical Expenses: $818
  • Heating Expenses: $1,440
  • Insurance Expenses: $4,400
  • Water/Sewer/Garbage Expenses: $7,318
  • Total Expenses: $18,405
  • Total Expenses: $18,405

Heating & Cooling

  • Baseboard Heat

Parking Information

  • # of Parking Spaces (Total): 11
  • # of Carport Spaces: 4
  • # of Uncovered Spaces: 7

Unit 2 Information

  • # of Bedrooms: 2
  • # of Baths: 1
  • Sq. Ft.: 600
  • Has Range/Oven
  • Has Refrigerator
  • Monthly Rent: $575
  • Unit Number: 2

Unit 5 Information

  • # of Bedrooms: 2
  • # of Baths: 1
  • Sq. Ft.: 600
  • Has Range/Oven
  • Has Refrigerator
  • Monthly Rent: $575
  • Unit Number: 5

Location Information

  • Map Book: Road Runner (Mason County)
  • Shelton

School Information

  • School District: Shelton

Listing last changed

August 10, 2009, 12:05 PM

Overhead View of 900 Olympic Ave, Shelton, WA 98584

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Property History for 900 Olympic Ave

Date Event Price Appreciation Source
Aug 07, 2009 Listed $499,000 -- NWMLS #29113753

Public Facts for 900 Olympic Ave

Beds: -
Baths: -
Finished Sqft: -
Unfinished Sqft: -
Total Sqft: -
Floors: -
Lot Size: -
Style: Multi-Family (5+ Unit)
Year Built: -
Year Renovated: -
County: Mason County
APN: 320196001001
Last Updated: November 16, 2009

These facts may not match MLS-provided listing facts. Learn more.
Source: Public Records

Property Tax

Taxable Value
Land $115,000
Additions $275,000
Total $390,000
Tax (2009) $4,163

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