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1500 Lucus Road, Wasilla, Alaska

$319,900 REDUCED 1%
  • $319,900
  • 4,680
  • 1.77
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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 $10,5402018 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

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Essential Information

  • MLS® # 19-11339
  • Price $319,900
  • Square Footage 4,680
  • Acres 1.77
  • Year Built 1940
  • Type Commercial Property
  • Style Single Use
  • Status Active
  • Annual Tax Amount $4,644
  • Tax Year 2018

Community Information

  • Address 1500 Lucus Road
  • Area WA - Wasilla
  • Subdivision The Meadows L6 B2
  • City Wasilla
  • State Alaska
  • Zip Code 99654

Interior

  • Heating Forced Air

Exterior

  • Exterior Wood
  • Roof Metal
  • Foundation Post on Pad

Additional Information

  • Date Listed July 9th, 2019
  • Days on Market 74
  • Zoning RR - Rural Residential (re: City Wasilla)

Listing Details

  • Listing Office: Real Estate Brokers of Alaska

Financials

  • $/SqFt $68

Price & Status History

Date Details
Price Reduced from $324,500 to $319,900
Price Reduced from $339,000 to $324,500
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Neighborhood Information

Stable Population, Moderate Residential Turnover, Coastal Area, Suburb of Anchorage

  • Icon of money $372,000

    Median Price

  • Icon of a grid layout $165

    Median Price/Sqft

  • Icon of a bar graph 99.37%

    Sale/List Ratio

  • Icon of a house 854

    # of Homes SoldWithin the Last Year

  • Icon of a person walking N/A

    Walk Score®

  • Icon of a raincloud 19.35″

    Annual Precipitation

  • Icon of a sun 23.30°F /65.80°F

    Avg. Highs -
    Jan/July

  • Icon of a cloud and moon 9.30°F /47.90°F

    Avg. Lows -
    Jan/July

  • Icon of a group of people 57,287

    PopulationBased on Nearest ZIP Code

  • Icon of a person 35

    Median Age

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Listing information last updated on September 15th, 2019 at 6:04am AKDT.