A variety of living and income generating options await you in this 10 bed, 6 1/2 bath duplex. This property is within walking distance of the grocery store and Jewel Lake where you can barbeque, fish, swim as well as cross country ski and ice skate in the winter. The convenient location is an ideal situation to live and to work from home, and to provide a home for others.The current owners have owned the duplex for approximately fourteen years. In that time, the owners have lived on Side A and used Side B as an Assisted Living Home. The ALH generated approximately $10K per month in income. The owners have used both sides as an ALH, with one side being a licensed facility and the other side being a private pay ALH, the homes generated approximately $17K per month in income. The owners have also had their extended family live with them having five generations of family living together with their ALH clients generating 10K month income. The owners have lived on Side A with their ALH clients, 10K month income; and rented Side B for $3K per month income, generating a total of 13K a month in income. Aside from its unusually large size, the home also has an abundance of raspberry bushes, currant bushes and a beautiful flower garden in the back yard. The last 2 years the home has been occupied by the owner's sons who have been using both sides as ALH's, one licensed and one private pay, generating an average of 13K-14K a month. Whether you are looking to owner occupy, have multi-generation living, renters, or an Assisted Living Home, there are a multitude of ways you and your family can choose to live here and generate income while doing it.
Schedule a Tour
- MLS® # 19-12108
- Price $750,000
- Bedrooms 10
- Bathrooms 7.00
- Square Footage 5,944
- Acres 0.20
- Year Built 2005
- Type Multi-Family
- Sub-Type Duplex, Side by Side
- Status Active
- # of Garages 3
- Features CO Detector(s), Laminate Flooring, Tenant Storage, Washer/Dryer, Smoke Detector(s), In City Limits
- Parking Spaces 6
- Garages Attached
- View Partial
- Waterfront None
- Heating Baseboard
- Exterior Wood
- Roof Asphalt/Comp Shingle
- Construction Wood Frame
- Foundation Poured Concrete
- Date Listed July 19th, 2019
- Days on Market 32
- Zoning R2M - Multi Family Residential
- Listing Office: Keller Williams Realty Alaska Group - RMG
- $/SqFt $126
Price & Status History
|Price Reduced from $760,000 to $750,000|
Nearby Military Facility(ies), Moderate Residential Turnover, Coastal Area
# of Homes SoldWithin the Last Year
Avg. Highs -
Avg. Lows -
PopulationBased on Nearest ZIP Code
DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the AK MLS IDX of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than eXp Realty, LLC are marked with either the listing brokerage's logo or the AK MLS IDX logo and information about them includes the name of the listing brokerage.
All information is deemed reliable but is not guaranteed and should be independently verified for accuracy.
Listing information is updated every fifteen minutes.
Copyright 2019 Alaska Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on August 19th, 2019 at 2:49pm AKDT.
Need to sell your home to buy this one?
Find out how much it will sell for today!