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411/413 Mission Street

Ketchikan, AK 99901
  • $1,300,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 22-6892
UPDATED: 56 min ago
$1,300,000
  • 15
    BEDS
  • 0.09
    ACRES
  • 9
    BATHS
  • 0
    1/2 BATHS
  • 11,465
    SQFT
  • $113
    $/SQFT
Type:
Multi-Family
Built:
1920

School Information

Elementary School:
Middle School:
High School:

Description

Prime Downtown Mixed-Use Commercial/Residential Rental Property - Located in the heart of downtown Ketchikan, this property has two well established commercial rentals on the ground floor, 2 office spaces and 9 residential rentals. Residential units consist of 1 X Studio, 3 X 1-BR, 4 X 2-BR, and 1 X 3-BR with seasoned rental income. Commercial rentals are on Mission St and office/retail space isaccessible from Dock St. Seller has completed the following upgrades to the building: " Fire Sprinkler Main Water line replaced & Heated " New roof storm water drain system installed 2020 " Power meter room installation  landlord bills electrical to each unit " Apartment remodel " Exterior paint " 413 Mission St remodel Primary residential heat is from electric and landlord bills electric to tenants. Common area and domestic hot water heated by boiler controlled by owner. Coin operated Washer/Dryers on site available for tenants use. Landlord has an onsite maintenance super who receives free rent in lieu of wages. Projected gross revenues $181,500+. Pro forma income projections available for interested buyers.

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Alaska MLS logo DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than RMG Real Estate Network | Keller Williams Realty Alaska Group are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing information was last updated on: 2022-06-26T02:41:43.157.

www.alaskahomesearch.com/homes/129162221
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411/413 Mission Street Ketchikan, AK 99901

  • Price: $1,300,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 56 min ago
  • MLS #: 22-6892
15
Beds
9
Baths
0
½ Baths
0.09
Acres
11,465
SQFT
$113
$/SQFT
1920
Built
Neighborhood:
Ketchikan Gateway Borough
Area:
Ketchikan Gateway Borough
Elementary School:
Houghtaling
Middle School:
Schoenbar
High School:
Ketchikan
Property Description
Prime Downtown Mixed-Use Commercial/Residential Rental Property - Located in the heart of downtown Ketchikan, this property has two well established commercial rentals on the ground floor, 2 office spaces and 9 residential rentals. Residential units consist of 1 X Studio, 3 X 1-BR, 4 X 2-BR, and 1 X 3-BR with seasoned rental income. Commercial rentals are on Mission St and office/retail space isaccessible from Dock St. Seller has completed the following upgrades to the building: " Fire Sprinkler Main Water line replaced & Heated " New roof storm water drain system installed 2020 " Power meter room installation  landlord bills electrical to each unit " Apartment remodel " Exterior paint " 413 Mission St remodel Primary residential heat is from electric and landlord bills electric to tenants. Common area and domestic hot water heated by boiler controlled by owner. Coin operated Washer/Dryers on site available for tenants use. Landlord has an onsite maintenance super who receives free rent in lieu of wages. Projected gross revenues $181,500+. Pro forma income projections available for interested buyers.
Exterior Features

Carport Spaces 0 Construction Type Wood Frame Exterior Finish Wood Foundation Type Post On Pad Parking Spaces 0.00 Roof Type Built-Up Topography Level Waterfront Access Near None Waterfront Frontage None

Interior Features

Fuel Type Electric Heat Type Baseboard

Property Features

Assessed Value 690300.00 Borough Census Area 2C - Ketchikan Gateway Borough Construction Status Existing Structure Features Multifamily In City Limits Foreclosure Bank Owned No Income Gross Annual 181500.00 Multifamily Type Other - See Remarks Region 2 - Southeast Alaska Region Sewer Type Public Sewer Street Addl Info 430/432 Dock St Tax Year 2022 Taxes 8007.48 Units Efficiency 1 Units1 Bedroom 3 Units2 Bedroom 4 Units3 Bedroom 1 Water Type Public Zoning Cc - Central Commercial

Alaska MLS logo Listing Office Coastal Keller Williams Realty Alaska Group: (907) 247-5811. Copyright 2022 Alaska Multiple Listing Service, Inc. All rights reserved.
Alaska MLS logo DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than RMG Real Estate Network | Keller Williams Realty Alaska Group are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing information was last updated on: 2022-06-26T02:41:43.157.

 
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Anchorage AK, 99517