Great 22%+ Flip Opportunity in Shelton with 4.40 Acres Lot!

Mason County, Shelton, WA, 98584
Sold
Listed at: April 4th, 2022
Price
$199,997
ARV
$630,000
Gross Margin
$430,003
Sq. Footage
2919
Type
Single-Family
Parking
Detached Garage
Year build
1928
Lot size
4.40 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Enjoy the potential of this spacious 2,919 sqft home on a huge 4.40 acres lot in Shelton! Shelton boasts beautiful sceneries, amazing community feels, and majestic evergreen trees that you'll see at the forests, hills, and pristine shorelines! Prepare your tools and bring back the beauty of this wonderful home! The lot is expansive, offering you endless opportunities--be it an ADU, a new separate home, or any other structure of your desire! Get on a 13-minute drive and you'll find yourself at one of the city's commercial districts--with dining places, parks, schools, groceries & supermarkets, banks, pharmacies, and a hospital! The bay is also only 5 miles away!


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ARV: $630,000

ROI: 22.32%

Cash on Cash: 146.25%

Profit Analysis: $106,690

Closing date: April 21st or sooner


SUGGESTED REHAB: Interior & exterior paint, sidings, flooring, kitchen & bathroom, doors & windows, wall touchups, roof, trimmings, landscaping, plumbing, electrical.

Rehab Estimate: $250,000


All of the properties we send out are typically sold very quickly, so if you don't want to miss this deal, please email or text your offer ASAP!

**IF YOU WANT THIS DEAL, SUBMIT YOUR PRELIMINARY OFFER BY CLICKING THE BLUE BUTTON "Make An Offer". This notifies us you are serious and ready to move forward.** DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract is signed with the Seller giving our company exclusive rights to purchase the property. Our company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/ SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action against you. Our company makes no warranty or representation about the content of this post. It is your responsibility to independently confirm the accuracy and competencies. Any projections, opinions, or assumptions used are for example only and do not represent the current or future performance of this property.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Viktor Rybachuk

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Disposition manager