Listing Provided Courtesy Of:
eXp Realty and NWMLS
703 Railroad Avenue Shelton, WA
$ 525,000
Property Attributes
  • ID#1874188
  • TypePending
  • CountyMASON
  • CityShelton
  • AreaShelton
  • NeighborhoodShelton
  • Zip98584
  • StyleDuplex
  • Year Built1928
  • Taxes$ 4329
  • Price$ 525,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4148
  • Lot Size7,288 SqFt
Listing Provided Courtesy Of:
eXp Realty and NWMLS
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

Phenomenal mixed use property with excellent fundamentals! Strong rental history with residential home above and commercial below. Excellent condition and cash flow. Superb construction - built by a prominent local Shelton family in 1928. Separate entrance for residential 2nd floor family home. Huge square footage and excellent condition. Large 4 car detached garage and interior space that is perfect for a car shop. Retail store-front - former Funeral Home. Great location in downtown Shelton business district. Hardwood floors, large interior living spaces, fireplace, classic style and architecture, solid construction. Flat roof. Excellent long term investment with cash flow and residential, owner occupancy or commercial uses. Invest today!

Elementary School Middle School High School
Buyer To Verify Elementary School Buyer To Verify Middle School Buyer To Verify High School
Price History
12/24/2021 Listed $525,000

General Features

Building Area Units Square Feet
Building Name D Shelton's First Add
Carport Y/N No
City Shelton
County Mason
Directions I-5 S to 101 N to City Center/Matlock Exit in Shelton - right on Railroad Avenue. Property is on the corner of Railroad and 7th.
Electric Expense 100
Elementary School Buyer To Verify
Exterior Features Stone
Fuel Expense 100
High School Buyer To Verify
High School District Shelton
Insurance Expense 1000
Leasable Area 4148
Lot Size Square Feet 7288
MLS Area 175 - Shelton
Middle/Junior High School Buyer To Verify
Net Operating Income 40441
New Construction No
Possession Closing
Property Style 52 - Duplex
Property SubType Multi-Family
Property Type Residential Income
PropertyCondition Good
Roof Flat
Senior Community Y/N No
Sewer Available
Special Listing Conditions None
Standard Status Pending
Status Pending Feasibility
Street Name Railroad
Structure Type Duplex
Subdivision Name Shelton
Tax Annual Amount 4329
Tax Year 2020
Terms Cash Out, Conventional
Total Units 3
Units Below Grade false
Utilities Electricity Available
Water Company City of Shelton
Water Sewer Garbage 200
Year Built 1928

Interior Features

Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Electric
Street Suffix Avenue
Total Stories 2

Exterior Features

Building Area Total 4148
Covered Spaces 4
Foundation Details Poured Concrete
Irrigation Water Rights Y/N No
Lot Dimensions 101x86
Lot Number 1
Lot Size Acres 0.1673
Lot Size Units Square Feet
Open Parking Y/N No
Total Parking 4
View Y/N No
Water Source Public
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 98584

AVG $340K
AVG $1,926
AVG 61
Year Built
AVG 1987
AVG 20
Data Provided by Walkscore ® not using MLS data