2503 Cedar ST new Save Request In-Person Tour Request Virtual Tour
Seward,AK 99664
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,653 sqft
Price per Sqft $209
MLS Listing ID 25-6456
Bedrooms 6
Full Baths 4
Half Baths 1
Three Quarter Bath 1
Year Built 1955
Lot Size 0.790 Acres
Property Sub-Type Triplex
Property Description
Gorgeous & Spacious Multi-Unit Property with Income Potential! Located on a large corner lot, this well-maintained three-unit property offers flexibility, comfort, and opportunity. With a history of long-term tenants, executive housing, and use as an owner-occupied B&B, there are a variety of possibilities. An attached 3-bay garage and detached 1-car garage offer even more storage options... Unit 1: 3 bed/1 bath - 1647sf
Unit 2: 1 bed/1.5 bath (can be connected to Unit 1) - 918sf
Unit 3 (above garage): 2 bed/2 bath - 1088sf
The main home features 3 bedrooms, 1 full bathroom, and large kitchen and living space. It connects to the 1-bedroom, 1-bath unit, making it ideal for a large primary suite, guest quarters, or kept separate for long-term rental or B&B rental if occupying main house. New heat pumps have been installed in the 1-bed unit and bedrooms of the 3-bed unit for efficient heating and cooling.
Above the attached three-bay garage is a bright 2-bedroom, 2-bath apartment. Each bedroom has its own en suite full bathroom connecting to the bedroom. This upper-level unit enjoys natural light and has potential for a private deck overlooking the fenced backyard.
Large attached garage includes washer and dryer, utility sink, and 3/4 bathroom with shower, toilet, and sink. Another finished back room in the garage is perfect for a hobby room, office, or storage.
A second, detached 1-car garage sits on the South end of the property for even more storage. Toilet in detached garage, but has not been used during ownership and may not function. Two large driveways allow for plenty of parking.
This large property has a variety of options for living in one unit and renting the others out, or keeping all 3 for rental income. All units have had updated market rents for current month-to-month tenants making a stronger investment property or flexible owner-occupant opportunity.
Location
State AK
Area 365 - Seward - Cooper Landing
Zoning RR - Rural Residential
Interior
Heating Baseboard,Oil,Radiant Floor,See Remarks
Flooring Carpet
Exterior
Parking Features Attached
Garage Spaces 4.0
Garage Description 4.0
View Mountains,Partial
Roof Type Metal
Building
Lot Description Level
Foundation Poured Concrete
Sewer Public Sewer
New Construction No
Schools
Elementary Schools Seward
Middle Schools Seward
High Schools Seward
Others
Acceptable Financing AHFC,Cash,Conventional,FHA,VA Loan
Listing Terms AHFC,Cash,Conventional,FHA,VA Loan