509 W B Street Shelton, WA 98584
$375,000
Features:
6.22 acres
Zoned for six duplexes, totaling 12 future units
Parcel 420241500964
Zoning Neighborhood Residential
Rare development and investment opportunity in the heart of Mason county! This parcel is 6.22 acres and zoned for six duplexes totaling 12 future units. Whether you want to just do the development phase and sell the project from there or take it from infrastructure to rental portfolio - you can't go wrong. Ideal location near shopping, schools & amenities all while being on a quiet street. Preliminary plat approval was issued 5/15/23 and is valid for 5 years - 2028. Developer will need to construct civil improvements and have them approved/accepted by the city to get the final plat issued. Selling for less than $65k/duplex making this a killer investment!
