Estimated Value: $542,204
Owner Finance with 20% down. Wonderful Midtown location. Investment property originally sold as a six plex, has been converted to a hostel or hotel type of setting with a front desk on the bottom floor. The common areas kitchen and bedrooms can be converted back to six separate units. Building has a sprinkler system, common laundry, surveillance system, each unit has its own electrical meters.Previous manager passed current management has no accounting. Please allow time for scheduling.
Seller will consider life safety repairs.
Owner will finance.
Last Agent to Sell the Property
Jack White Real Estate Kenai License #17885 Listed on: 03/08/2023
Home Type
Est. Annual Taxes
Year Built
Lot Details
Home Design
Flooring
Bedrooms and Bathrooms
Parking
Schools
Additional Features
Community Details
$685,000
This well-maintained 5-plex offers a prime location just minutes from scenic coastal trails, perfect for outdoor enthusiasts and tenants seeking a desirable lifestyle. The property delivers strong cash flow with long-term tenants and additional income from a coin-operated laundry facility.Several units have been recently updated, featuring modern finishes while maintaining a
Hanna Choi Herrington and Company, LLC
$567,000
Excellent investment property! Well maintained 6plex. Large units with private balconies. 5-2bedrooms & 1-1bedroom. Professionally managed. New high efficiency heating system, Nicely updated apartments, some with mountain views. Onsite laundry. Keyless entry in all units. Larger package deal available to include neighboring 6plexes (18 total units, offering a discount!). 734&736 W 34th Avenue.
Ayla Rogers Buyers Real Estate, LLC
$515,000
Fully occupied 6-plex, perfect for a beginner or experience investor. Property is in excellent condition with little deferred maintenance. All units are 2 bedroom, 1 bathroom units.
Manny Rodriguez Jack White Commercial
$649,900
Multifamily investment opportunity in a desirable neighborhood. Spacious duplex with upside potential, ideal for investors or owner-occupants. Large R2A lot offers potential to convert existing unfinished ground-level shop with private access into a third residential unit. Long term tenants on month to month leases at under market rents.Property has deferred maintenance and is priced accordingly.
Zach Menzel Boretide Properties
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Acorn Investments Llc | -- | None Listed On Document |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Jayavarma Jason | $62,500 | |
| Previous Owner | Jayavarman Jason | $30,000 | |
| Previous Owner | Jayavarman Jason | $185,000 | |
| Previous Owner | Steel Randall J | $74,400 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/12/2023 06/12/23 | Sold | -- | -- | -- |
| 05/06/2023 05/06/23 | Pending | -- | -- | -- |
| 05/03/2023 05/03/23 | Price Changed | $595,000 | -21.7% | $115 / Sq Ft |
| 03/25/2023 03/25/23 | Price Changed | $760,000 | -6.2% | $147 / Sq Ft |
| 03/09/2023 03/09/23 | For Sale | $810,000 | -- | $156 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,664 | $660,500 | $120,400 | $540,100 |
| 2023 | $10,819 | $635,300 | $120,400 | $514,900 |
| 2022 | $10,488 | $622,800 | $120,400 | $502,400 |
| 2021 | $10,873 | $603,400 | $120,400 | $483,000 |
| 2020 | $10,253 | $603,100 | $120,400 | $482,700 |
| 2019 | $9,908 | $605,600 | $120,400 | $485,200 |
| 2018 | $9,596 | $585,100 | $115,500 | $469,600 |
| 2017 | $9,017 | $575,800 | $115,500 | $460,300 |
| 2016 | $7,952 | $567,700 | $111,700 | $456,000 |
| 2015 | $7,952 | $557,600 | $106,100 | $451,500 |
| 2014 | $7,952 | $540,200 | $105,800 | $434,400 |
G
Seller's Agent in 2023
Gene Fitzgerald
Jack White Real Estate Kenai
(907) 351-9606
1 in this area
31 Total Sales
C
Buyer's Agent in 2023
Charles Blalock
Herrington and Company, LLC
(907) 562-6464
1 in this area
34 Total Sales
Source: Alaska Multiple Listing Service
MLS Number: 23-2101
APN: 00906234000
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