See all 29 photos
29 photos
Additional details
$995,000
Est. payment /mo
11 Beds
7 Baths
7,100 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 7,100 sqft
Price per Sqft $140
MLS Listing ID 25-1167
Bedrooms 11
Full Baths 7
Construction Status Existing Structure
Originating Board Alaska Multiple Listing Service
Year Built 1940
Annual Tax Amount $5,031
Lot Size 5,077 Sqft
Acres 0.12
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 longschedule your private tour today and start maximizing your investment!
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 longschedule your private tour today and start maximizing your investment!
Location
State AK
Area 565 - Ketchikan Gateway Borough - All
Zoning RH - High Density Residential
Direction .
Exterior
View Ocean
Roof Type Shingle
Building
Foundation Poured Concrete
Lot Size Range 0.12
Sewer Public Sewer2
New Construction No
Construction Status Existing Structure
Schools
Elementary Schools Houghtaling
Middle Schools Schoenbar
High Schools Ketchikan
Others
Tax ID 011424005900
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