$995,000
$995,000
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4,791 SqFt
SOLD DATE : 05/16/2025
Key Details
Sold Price $995,000
Property Type Multi-Family
Sub Type Five Plus
Listing Status Sold
Purchase Type For Sale
Square Footage 4,791 sqft
Price per Sqft $207
MLS Listing ID 25068
Sold Date 05/16/25
Annual Tax Amount $1,940
Lot Size 4,791 Sqft
Property Sub-Type Five Plus
Property Description
A rare opportunity awaits at this prime downtown Ketchikan property, offering five rental units across two well-maintained buildings with stunning views of the Narrows. Whether you're an investor looking to expand your portfolio or searching for an owner-occupy opportunity with rental income, this turnkey property delivers strong cash flow and immediate returns. Building 1 features three 2BR/1BA units, each with bright natural light, beautifully renovated kitchens, and upscale finishes like granite, quartz, and tile. Building 2 has a spacious 4BR/3BA unit above a 1BR/1BA unit, providing versatility for long-term or short-term rental options. Designed for low-maintenance, high-yield investment, the property includes monitor & electric heating, on-demand propane hot water, separate electric meters, and a coin-op laundry for added revenue. With private entrances for each unit and an unbeatable downtown location, this high-demand rental property generates consistent cash flow, making it a smart addition to any portfolio. Opportunities like this don't last long—schedule your private tour today and start maximizing your investment!
Location
State AK
Area Ketchikan-In City
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