$599,000
122 W West Fairview Avenue
Homer, AK 99603
MLS# 23-13433
Status: Closed
6 beds  |  5 baths  |  3270 sqft


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Property Description
Great Income Opportunity - Own Your Very Own Fourplex! Don't miss out on this amazing chance to invest in a prime real estate gem! Own a fourplex that offers a fantastic income potential, right in the heart of town. This is the perfect opportunity for investors and aspiring landlords. Laundry available in Main upstairs unit. 72 HR notice for showings.

Details
Maps
Documents
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 0
Bathrooms Three Quarter: 1
Bathrooms Full: 4
Bathrooms Total: 5
Bldgs-Ttl #: 1
Acres: 0.28
SF-Lot: 12196.8
Lot Area Source: Tax Authority
Zoning: RO - Residential Office
Garage Spaces: 0
Carport Spaces: 0
Prkg Spcs: 6
Beds: 6
Year Built: 1970
SF-Res: 3270
Number of Units: 4
Contract Info
Foreclosure/Bank Own: No
Price-List: 599000
Date-Listing: 2023-11-09
Status: Closed
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1B - Kenai Peninsula Borough
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
Legal: Fairview L15 B3
School-Elementary: Paul Banks/Homer
School-Middle: Homer
School-High: Homer
Directions and Remarks
Directions: From Homer Turn onto Main St, Turn Left on to West Fairview Ave. Blue Building to the right. Sign Posted.
Multi-Family Type
Quadruplex: 1
Listing Terms Financing
AHFC: 1
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Heating
Natural Gas: 1
Radiant: 1
Topography
Level: 1
Roof Type
Metal: 1
Construction Type
Wood Frame: 1
Foundation Type
Poured Concrete: 1
View Type
Bay: 1
City Lights: 1
Glacier: 1
Inlet: 1
Mountains: 1
Wtrfrnt-Access Near
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
Covenants: 1
CO Detector(s): 1
In City Limits: 1
Smoke Detector(s): 1
Washer/Dryer: 1
Washer/Dryer HkUp: 1
Unit #1
Bath - Full: 1
Kitchen: 1
Living Room: 1
Primary Bedroom: 1
Utility Room: 1
Parking Spaces: 1
Unit #2
Bath - Full: 1
Kitchen: 1
Living Room: 1
Primary Bedroom: 1
Parking Spaces: 1
Unit #3
Bath - Full: 2
Bedroom: 2
Dining Room: 1
Kitchen: 1
Living Room: 1
Primary Bedroom: 1
Parking Spaces: 2
Unit #4
Bath - Full: 1
Kitchen: 1
Parking Spaces: 1
Sold Info
Date-Pending: 2024-08-01
Date-Closing: 2024-09-19
Location Tax and Legal
Area: 490 - Homer
Street #: 122
Directional: W
Street Name: West Fairview
Arterial: Avenue
Closest USPS Town: Homer
State: AK
Zip Code: 99603
Property Features
Multi-Family Type: Quadruplex
Roof Type: Metal
Foundation Type: Poured Concrete
Construction Type: Wood Frame
Carport Type: None
Heating: Natural Gas; Radiant
Sewer-Type: Public Sewer
Water Source: Public
Access Type: Paved; Maintained
View Type: Bay; City Lights; Glacier; Inlet; Mountains
Topography: Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: Covenants; CO Detector(s); In City Limits; Smoke Detector(s); Washer/Dryer; Washer/Dryer HkUp
Flooring: Carpet; Laminate; Linoleum; Luxury Vinyl
Listing Terms Financing: AHFC; Cash; Conventional; FHA; VA Loan
Supplements
Property Highlights: Conveniently located, offering a beautiful view and close proximity to town amenities. Within close distance to shops, restaurants, and entertainment hubs, ensuring high tenant demand. Four units, each providing excellent rental income opportunities. Parking available for tenants. Whether you're a seasoned investor or just starting your real estate journey, this fourplex is an exceptional opportunity. Start generating passive income and build long-term wealth with this remarkable income-generating property. Unit A-$1,500 per month Unit B-$1,200 per month Unit C-$2,000 per month Unit D-$850 Per month Don't wait! Act now and secure your financial future with your very own fourplex. Do not disturb tenants.

IDX
Listing Office: Berkshire Hathaway HomeServices Alaska Realty

Last Updated: September - 26 - 2024

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.