$595,000
Petersburg, AK 99833
MLS# 24-1337
Status: Closed
30 beds | 40 baths | 10269 sqft
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Property Description
Fantastic opportunity to own one of the few multi-family investment properties in Petersburg. The rental market is tight here so ample opportunity to increase NOI. 23 efficiency units, two 1 bedroom units, one 3 bedroom unit, and one 5 bedroom unit with several units remodeled/updated. Located only 1 mile from downtown. Great views of the mountains and Narrows from several units.
Details
Maps
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 0
Bathrooms Three Quarter: 5
Bathrooms Full: 35
Bathrooms Total: 40
Bldgs-Ttl #: 1
Acres: 0.43
SF-Lot: 18901
Lot Area Source: Survey
Year Remodeled: 1993
Year Updated: 2007
Zoning: COM - Commercial (Unofficial)
Garage Spaces: 0
Carport Spaces: 0
Prkg Spcs: 20
Beds: 30
Year Built: 1966
SF-Res: 10269
Number of Units: 27
Contract Info
Foreclosure/Bank Own: No
Price-List: 595000
Date-Listing: 2024-02-12
Status: Closed
Location, Tax and Legal
Region: 2 - Southeast Alaska Region
Borough/Census Area: 2G - Wrangell-Petersburg Census Area
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
Legal: Skylark Addn L3 B222 Plat 81-9
Taxes (Estimated): 4892
Tax Year: 2024
School-Elementary: Rae C Stedman
School-Middle: Mitkof
School-High: Petersburg
Assessed Value: 451300
Directions and Remarks
Directions: from downtown travel 1 mile, located on the left side, next to Napa, across from the State of Alaska ferry terminal.
Multi-Family Type
Multi Family: 1
Other - See Remarks: 1
Building Info
Units- # of Effcncy: 23
Units-# of 1 BR: 2
Units-# of 3 BR: 1
Units- # of 4+ BR: 1
Exterior Finish
Wood: 1
Heating
Baseboard: 1
Electric: 1
Topography
Level: 1
Roof Type
Asphalt: 1
Metal: 1
Construction Type
Wood Frame - 2x4: 1
Foundation Type
Poured Concrete: 1
View Type
Mountains: 1
Ocean: 1
Partial: 1
Wtrfrnt-Access Near
None: 1
Garage Type
None: 1
Wtrfrnt-Frontage
None: 1
Carport Type
None: 1
Flooring
Carpet: 1
Laminate: 1
Linoleum: 1
Luxury Vinyl: 1
Sewer-Type
Public Sewer: 1
Water Source
Public: 1
Access Type
Paved: 1
Maintained: 1
Mortgage Info
EM Minimum Deposit: 5000
Features-MultiFamily
DSL-Cable Available: 1
In City Limits: 1
Smoke Detector(s): 1
Docs Avl for Review
Appraisal: 1
Income & Expenses
Exp-Insurance/Yr Avg: 4000
Exp-Tax & Ins/Yr: 4892
Income-Net Operating: 76121
Income-Rent Mo Total: 9900
Sold Info
Date-Pending: 2024-09-08
Date-Closing: 2025-01-15
Location Tax and Legal
Area: 567 - Mitkof Island & Vicinity
Street #: 1105
Directional: S
Street Name: Nordic
Arterial: Drive
Closest USPS Town: Petersburg
State: AK
Zip Code: 99833
Property Features
Multi-Family Type: Multi Family; Other - See Remarks
Exterior Finish: Wood
Roof Type: Asphalt; Metal
Foundation Type: Poured Concrete
Construction Type: Wood Frame - 2x4
Garage Type: None
Carport Type: None
Heating: Baseboard; Electric
Sewer-Type: Public Sewer
Water Source: Public
Access Type: Paved; Maintained
View Type: Mountains; Ocean; Partial
Topography: Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: DSL-Cable Available; In City Limits; Smoke Detector(s)
Flooring: Carpet; Laminate; Linoleum; Luxury Vinyl
Docs Avl for Review: Appraisal
IDX
Listing Office: Petersburg Properties, LLC
Last Updated: January - 16 - 2025
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 the site owner are marked with 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. Site contains live data.