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Key Details
Sold Price $1,400,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $194
MLS Listing ID 22-6829
Sold Date 01/05/23
Construction Status Existing Structure
Originating Board Alaska Multiple Listing Service
Year Built 1960
Annual Tax Amount $9,000
Lot Size 1.204 Acres
Acres 1.0
Property Description
An incredible income producing property centrally located in Wrangell Alaska! Let your investment work for you with this large housing project. The seller has experienced full capacity for many years with a wait list in the event any occupant gives notice. All units (with the exception of the nightly rentals) are month-to-month. Ages of buildings vary but the median for year built is 1965. Seller to repaint the exterior summer of 2022. Financials available upon request.
This sale includes 522 Front St.; 524 Front St.; 526 Front St. 515 Church St..519 Church St.
Consisting of a townhouse with 5 units, a 5 plex with 3 apartments and a nightly rental with 5 rooms and a duplex with 2 one bedroom apts.
Total of 13 full bathrooms and 5 half bathrooms. 22 bedrooms total
Location
State AK
Area 568 - Wrangell Island & Vicinity
Zoning COM - Commercial
Direction Driveway is next to 522 Front St.
Interior
Heating Baseboard, Electric
Flooring Tile, Carpet
Exterior
Water Access Desc Public
View Mountains, Partial
Roof Type Metal
Accessibility Dirt, Paved
Total Parking Spaces 15
Building
Foundation Poured Concrete, Pillar/Post/Pier
Lot Size Range 1.0
Water Public
New Construction No
Construction Status Existing Structure
Others
Tax ID 02-023-357
Acceptable Financing Conventional, FHA
Listing Terms Conventional, FHA
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