38580 Kalifornsky Beach RD Kenai, AK 99611

This spacious one owner tri-Plex has been well cared for boasting $384,760.00 in renovations over the years (see upgrades list in the documents). Unit #1 is a 2 bed/1 bath going to be $1400.00 a month + electric, Unit #2 is a 2 bed/1 bath advertised at $1600.00 a month + electric and Unit #3 is the owners 2 bed/1.5 bath unit featuring a rec room and bonus storage room! All units have GARAGE! Live in one unit & earn income on the other 2! Now is your chance to invest in yourself and your future. Located in a paved year round maintained road in a fire service area.

Updates/Upgrades Below,

Unit 1
2018-New windows $2200.00
2018-Scrapped acoustic ceiling for update purposes $1300.00
2023-New carpet & vinyl throughout unit $3400.00
2025-Added oversized concrete pad $7500.00
Within last 3 years-New appliances $3300.00

Unit 2
2018-Had a carport and converted this area into a garage $26,900.00
2020-Added exterior entry and back deck $11,700.00
Within last 10 years-New appliances $3300.00
2023-New hot water heater $890.00

Unit 3
2004 New natural gas stove $880.00
2020-Added addition 14 by 22 (308 sq ft) main level & upper level gaining 616 square feet $117,040.00
2025-Add 14 by 22 upper back deck w/treated wood $25,500.00
Within last 10 years-New appliances $3300.00

Exterior Improvements
2000-Expanded driveway $27,000.00
2002-Enlarged & overbuilt septic $9700.00
2018-2ct Hi-Tunnels at $30,000.00 each; $60,000.00 total
2018-2 Storage sheds $16,000.00
2018-3 Small Green Houses $18,500.00
2018-1 Tarp Shed $1500.00
2018-4 Apple Trees & 2 Cherry Trees $3900.00
New bathroom building w/flushing toilet near greenhouse/shed area of property $5000.00

Exterior Building Improvements
2020-New Metal Roof $33,650.00

Total upgrades $382,460.00

Sellers Monthly Expenses
$182.69 Owners Unit Power/HEA Tenants Pay Their Power
$65.00 Garbage Service
$376.00 Enstar Auto Pay
$116.67 Building Insurance
$57.28 Property Taxes
______________________
$797.64 Total

Son in law mows the lawns, does general maintenance and plows the driveway.

Rents
Market shows rents can be as low as $1500 + Electric up to $1600.00 + electric for unit #1 & Unit #2 and Unit #3 can rent for $1900.00-$2200.00 due to the added massive bonus room (upper level off main living area) and multi-purpose storage bonus room (main level).

Rentals
Unit #1 is month to month
Unit #2 is available for rent $1600 a month + electric
Unit #3 is owner occupied