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Real Estate Brokers of Alaska

1577 C Street #101, Anchorage, AK 99501
907-947-6600
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$339,000 For Sale

1500 Lucus Road
Wasilla, AK 99654


4,680 sq ft;
lot: 1.77 acres
Commercial: Commercial - MLS# 19-11339
Property Photo
1/12

Description

Three duplexes on 1.77 acres of prime location. Metal roofs - private yards. Apartments are dated inside - but always easily rented out.2018 Real Income: 587452018 Real Expenses: $19,937(on site manager had reduced rent - so Income could be 5k higher...)As is - over 10 CAP RateInsurance $2,276Repairs $2,452Taxes $4,669Utilities $10,540 2018 Actual Income $58,745 Insurance $2,276 Repairs $2,452 Taxes $4,669 Utilities $10,540 Total expenses $19,937 Income (Loss) $38,808 Current Rents: $875.00 $800+Electric $875.00 $925.00 $550.00 (manager's rent is low instead of being paid- could be 925 or more) $925.00 Total: $4,950.00

Features

  • % of Space Leased: 100
  • Area: WA - Wasilla
  • Building Status: Leased
  • Building Type: Class C
  • Construction Status: Existing Structure
  • County/Area: 1D - Matanuska Susitna Borough
  • Exterior Finish: Wood
  • Foundation: Post on Pad
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Listing Office: Real Estate Brokers Of Alaska
  • Listing Status: Active
  • Lot Size: 1.7700
  • Property Type: Commercial
  • Region: 1 - Southcentral Alaska Region
  • Roof Type: Metal
  • Sewer: Septic Tank
  • SF-Lot: 77101.20
  • Sq.Ft.: 4680
  • Sub Type: Commercial
  • Water: Private, Well
  • Year Built: 1940
  • Zip Code: 99654
  • Zoning: RR - Rural Residential (re: City Wasilla



Real Estate Brokers of Alaska | 907-947-6600 | Contact Us
1577 C. Street #101 - Anchorage, AK 99501
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