21380 N US Highway 101, Shelton, WA 98584

$1,500,000
4
BD
1
BA
1,396
SqFt

Listing courtesy of COMPASS.

List Price
$1,500,000
Status
ACTIVE
MLS#
2211635
Days on Market
29
Bedrooms
4
Finished SqFt
1,396
Area Total SqFt
1396
Annual Tax Ammount
3072
Lot Size (sq ft)
24,829
Fireplace
Yes
Sewer
Sewer Connected

Property Description

Are you seeking an ultra-rare short term rental investment? This 8-unit compound is the one for you! Situated on 95 ft of Hood Canal shoreline is a waterfront home, four 1-bedroom apartments, and three studios…ALL OF WHICH ARE CONNECTED TO SEWER!! Take on the comprehensive remodel and update this property into a cash machine. The shoreline is protected by a bulkhead and includes a private dock that can be improved to a usable condition within the existing dock footprint. A private artesian well supplies all units. There are no restrictions for STR or long-term rentals to offset the cost of ownership. Located just minutes South of Hoodsport, you will never find another Hood Canal waterfront property with this much rental income potential!

Additional Information

Community
Hood Canal
Style
10 - 1 Story
Basement
None
Year Built
1935
Total Covered Parking
2
Waterfront
Yes
Waterfront Description
Bank-Low, Bulkhead, Canal Access, Creek, Saltwater
View
Canal, See Remarks, Territorial
Roof
Composition, Metal
Site Features
Dock, Fenced-Partially, Moorage, Outbuildings, RV Parking, Shop
Tax Year
2023
School District
Hood Canal #404
Potential Terms
Cash Out, Rehab Loan
Interior Features
Concrete, Walk-In Closet(s), Fireplace, Water Heater
Flooring
Concrete, See Remarks, Vinyl
Driving Directions
From I-5, take Exit 104 for US 101. Take the US-101 N exit toward Shelton/Port Angeles, stay on US-101, property is on Right just North of Potlach State Park.
Appliance
Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Appliances Included
Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Water Heater Location
Utility Room
Water Heater Type
Electric
Energy Source
Electric, Wood
Buyer Agency Compensation
2.5
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Data last updated at .

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks