Description
Discover an exceptional income-producing property with unmatched views of the Homer Spit, Kachemak Bay, and surrounding mountains. This versatile triplex offers three distinct units, all currently rented, making it a strong investment with immediate returns. Unit 1: Spacious 3-bedroom, 2-bathroom home, fully remodeled in 2022 with modern finishes. Unit 2: Comfortable 2-bedroom, 1.5-bathroom unit, also updated in 2022 for style and convenience. Unit 3: Newly constructed in 2024, this 1-bedroom, 1-bathroom unit combines efficiency and contemporary design. Each residence is designed to capture the natural beauty of Homer, while providing tenants with comfortable living spaces. The property's prime location places you minutes from the hospital, shopping, restaurants, and everyday amenities, adding to its appeal for tenants. Whether you're looking to expand your real estate portfolio or secure a strong-performing property in a sought-after market, this triplex delivers on both lifestyle and investment value.
Details
| MLS # | 25-11487 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1984 |
| Days On Site | 353 |
| Listing Provided By | Sarah Beller Real Estate | Sarah Beller |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 2,598 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | UR - Urban Residential |
| Acreage | 0.27 |
| Property View | Bay, Glacier, Mountain(s), Ocean |
Interior
| Rooms Total | 0 |
|---|---|
| Heating | Radiant, Natural Gas |
| Appliances | Dishwasher, Refrigerator |
| Interior Features | Basement, Electric, Washer &/Or Dryer Hookup, Smoke Detector(s), Solid Surface Counter |
Exterior
| Roof | Shingle |
|---|---|
| Exterior Features | Covenant/Restriction, View, In City Limits |
| Lot Features | Gently Rolling, Rolling Slope, Gentle Sloping |
| Construction Materials | Wood Frame, Block |
| Foundation Details | Block |
| Exterior Sp Finish Co Exterior Sp Finish | Vinyl |
| Architectural Style | Split Level |
Parking
| Parking Features | None |
|---|---|
| Carport Sp Type Co Carport Sp Type | None |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Road Surface Type | Paved, Maintained |
|---|---|
| Wtrfrnt Hyphen Access Sp Near Co Wtrfrnt Hyphen Access Sp Near | Ocean Access, Ocean |
Taxes
| Tax Map Number | N/A |
|---|---|
| Tax Legal Description | Island View #2 LA6 B2 |
Area Information
| 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: $799,000 low | high Med: $619,000 sqft: 2,598 low | high Med: 1,500 $ / sqft: $308 low | high Med: $413 On site: 353 low | high Med: 314 | |
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Learn More About This Property
| 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: $799,000 low | high Med: $619,000 sqft: 2,598 low | high Med: 1,500 $ / sqft: $308 low | high Med: $413 On site: 353 low | high Med: 314 | |
