$1,300,000
Ketchikan, AK 99901
MLS# 22-6892
Status: Closed
15 beds | 9 baths | 11465 sqft
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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 is
Details
Maps
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 1300000
Date-Listing: 2022-05-19
Status: Closed
Location, Tax and Legal
Region: 2 - Southeast Alaska Region
Borough/Census Area: 2C - Ketchikan Gateway Borough
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
Legal: L3 B21 Tidelands Addn to USS 437 Plat #107 Ketchikan
Taxes (Estimated): 8007.48
Tax Year: 2022
School-Elementary: Houghtaling
School-Middle: Schoenbar
School-High: Ketchikan
Assessed Value: 690300
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Bathrooms Full: 9
Bathrooms Total: 9
Bldgs-Ttl #: 1
Acres: 0.09
SF-Lot: 3973
Lot Area Source: Tax Authority
Zoning: CC - Central Commercial
Garage Spaces: 0
Carport Spaces: 0
Prkg Spcs: 0
Beds: 15
Year Built: 1920
SF-Res: 11465
Number of Units: 11
Directions and Remarks
Directions: One side of building on Dock, one on Mission.
Multi-Family Type
Other - See Remarks: 1
Building Info
Units- # of Effcncy: 1
Units-# of 1 BR: 3
Units- # of 2 BR: 4
Units-# of 3 BR: 1
Exterior Finish
Wood: 1
Heating
Baseboard: 1
Electric: 1
Topography
Level: 1
Roof Type
Built-Up: 1
Construction Type
Wood Frame: 1
Foundation Type
Post on Pad: 1
Wtrfrnt-Access Near
None: 1
Wtrfrnt-Frontage
None: 1
Flooring
Carpet: 1
Laminate: 1
Ceramic: 1
Sewer-Type
Public Sewer: 1
Features-MultiFamily
In City Limits: 1
Sold Info
Date-Pending: 2022-07-12
Date-Closing: 2022-10-26
Location Tax and Legal
Area: 565 - Ketchikan Gateway Borough - All
Street #: 411/413
Street Name: Mission
Arterial: Street
Street Addl Info: 430/432 Dock st
Closest USPS Town: Ketchikan
State: AK
Zip Code: 99901
Property Features
Multi-Family Type: Other - See Remarks
Exterior Finish: Wood
Roof Type: Built-Up
Foundation Type: Post on Pad
Construction Type: Wood Frame
Heating: Baseboard; Electric
Sewer-Type: Public Sewer
Topography: Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: In City Limits
Flooring: Carpet; Laminate; Ceramic
Supplements
accessible 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.
Full Packet 7/14/22 
IDX
Listing Office: Coastal Keller Williams Realty Alaska Group
Last Updated: September - 23 - 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.