Exceptional investment opportunity with sweeping views of Kachemak Bay, the Homer Spit, and the surrounding mountains. This fourplex offers a combination of immediate rental income and value-add potential. Unit 1 is a spacious three-bedroom, one-bath unit that is currently vacant, providing the perfect opportunity for an owner-occupant or investor to build equity through updates and improvements. The remaining three units are occupied and generating income. Occupied units have had updates completed! Unit 2 features one bedroom and one bathroom, Unit 3 offers one bedroom and one bathroom, and Unit 4 includes two bedrooms and one bathroom.
| MLS # | 26-7408 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1977 |
| Days On Site | 67 |
| Listing Provided By | Kachemak Real Estate Group Real Broker | Becky Turkington |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,720 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | UR - Urban Residential |
| Acreage | 0.42 |
| Property View | Bay, City Lights, Glacier, Mount |
| Heating | Natural Gas, Floor Furnace |
|---|---|
| Heating Yes / No | Yes |
| Roof | Asphalt |
|---|---|
| Lot Features | Level, Gentle Sloping |
| Construction Materials | Wood Frame |
| Foundation Details | Unknown - BTV |
| Exterior Sp Finish Co Exterior Sp Finish | Wood |
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | None |
| Carport Sp Type Co Carport Sp Type | None |
| Sewer | Public Sewer |
|---|
| Road Surface Type | Dedicated Road, Government, Maintained |
|---|---|
| Frontage Type | None |
| Tax Map Number | N/A |
|---|---|
| Tax Legal Description | Anderson 1976 L3 B8 |
| State | AK |
|---|---|
| City | Homer |
| Zip Code | 99603 |
| Area | 1B Kenai Peninsula Borough |
| Subarea | Homer |
| School District | Homer |
| Elementary School | Paul Banks/Homer |
| High School | Homer |
| Listing VS Median (in 99603) | |
Price: $599,000 low | high Med: $619,000 sqft: 2,720 low | high Med: 1,200 $ / sqft: $220 low | high Med: $516 On site: 67 low | high Med: 98 | |
| State | AK |
|---|---|
| City | Homer |
| Zip Code | 99603 |
| Area | 1B Kenai Peninsula Borough |
| Subarea | Homer |
| School District | Homer |
| Elementary School | Paul Banks/Homer |
| High School | Homer |
| Listing VS Median (in 99603) | |
Price: $599,000 low | high Med: $619,000 sqft: 2,720 low | high Med: 1,200 $ / sqft: $220 low | high Med: $516 On site: 67 low | high Med: 98 | |