21380 N US HIGHWAY 101
SHELTON, WA 98584

$1,500,000

4 Beds

1 Baths

1,396 Sq Ft

Status Active

MLS# 2211635

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!

Details for 21380 N US HIGHWAY 101

Built in 1935

$1,074 / Sq Ft

2 parking spaces

None

Stove/Free Standing

No Info

0.57 acres lot

Interior

Appliances

Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

Bathrooms Full

Bathrooms Total

Bedrooms Total

Fireplace Features

Wood Burning

Flooring

Concrete, See Remarks, Vinyl

Interior Features

Concrete, Walk-In Closet(s), Fireplace, Water Heater

Living Area

1,396 SqFt.

Building And Construction

Property Sub Type

Single Family Residence

Property Type

Residential

Security Features

FullyFenced

Year Built

1935

Exterior And Lot

Exterior Features

Brick, Cement/Concrete, Wood, Wood Products

Garage Spaces

Lot Features

Paved

Lot Size Acres

0.57

Lot Size Square Feet

24829

Lot Size Units

Square Feet

Parking Features

RV Parking, Driveway, Detached Garage

Parking Total

Waterfront Features

Bank-Low, Bulkhead, Canal Access, Creek, Saltwater

Utilities

Cooling

None

Heating

Stove/Free Standing

Area And Schools

City

Shelton

County Or Parish

Mason

School District

Hood Canal #404

Subdivision Name

Hood Canal

Financial Info

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$3,072

Tax Year

2023