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Three Duplex Residential Income

54 W Pine Acres Way Shelton, WA 98584

54 W Pine Acres Way, Shelton, WA, 98584
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For Sale
Contact for pricing
Pending

Three fully rented duplexes on the site, with utilities available in the street for proposed expansion.

Days on Market102

Property Features for 54 W Pine Acres Way

General Information

Standard status
Pending
Property subtype
Mixed Use
Listing agency Coldwell Banker BAIN Gig Harbor
Listed by Richard Kemp · License #WA
Source Crexi
Added: Apr 12 Updated: Jul 22 at 6:22AM Checked: Jul 22 at 6:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker BAIN Gig Harbor


Investment Insights

Based on property information with market context.

The property currently includes three duplexes, all described as fully rented. The seller has completed a preliminary feasibility study indicating room to add two additional duplexes on the site, for a total of five duplexes.

The adjacent vacant Lot 12 is included as part of the offering and is described in the feasibility study as having the possibility of supporting the construction of approximately 3.5 additional duplexes. Water, power, and sewer are located in the street and are indicated as available.

Set in Shelton, the offering is presented for contractors, investors, and/or owner-occupants looking for existing rental units alongside an identified expansion concept supported by the seller’s preliminary study.

Key Highlights

  • 3 fully rented duplexes on the property
  • Preliminary feasibility study indicates 2 additional duplexes could be built, totaling 5 duplexes
  • Adjacent included vacant Lot 12 has the possibility of building 3.5 duplexes

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Big Box & Wholesale Store Auto Repair Shop Garden Center Department Store Car Rental Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Three fully rented duplexes on the site, with utilities available in the street for proposed expansion.
Where is this apartment building located?
The property is located at 54 W Pine Acres Way Shelton, WA.
What are key features of this property?
This property features: 3 fully rented duplexes on the property; Preliminary feasibility study indicates 2 additional duplexes could be built, totaling 5 duplexes; Adjacent included vacant Lot 12 has the possibility of building 3.5 duplexes
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