122 W West Fairview Avenue, Homer, AK 99603 (MLS# 23-13433)
$615,000
Homer, AK 99603
MLS# 23-13433
6 beds | 5 baths | 3270 sqft
1 / 56
Property Description
Great Income Opportunity - Own Your Very Own Fourplex! Don't miss out on this amazing chance to invest in a prime real estate gem! Own a fourplex that offers a fantastic income potential, right in the heart of town. This is the perfect opportunity for investors and aspiring landlords. Laundry available in Main upstairs unit. 72 HR notice for showings.
Details
Maps
Documents
Contract Info
Price-List: 615000
Date-Listing: 2023-11-09
Status: Active
Commission Type: %
Commission to SO: 2.5
Foreclosure/Bank Own: No
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1B - Kenai Peninsula Borough
Area: 490 - Homer
Street #: 122
Directional: W
Street Name: West Fairview
Arterial: Avenue
Closest USPS Town: Homer
State: AK
Zip Code: 99603
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
School-Elementary: Paul Banks/Homer
School-Middle: Homer
School-High: Homer
Legal: Fairview L15 B3
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Beds: 6
Bathrooms Three Quarter: 1
Bathrooms Full: 4
Bathrooms Total: 5
Bldgs-Ttl #: 1
Year Built: 1970
SF-Res: 3270
Number of Units: 4
SF-Lot: 12196.8
Acres: 0.28
Prkg Spcs: 6
Lot Area Source: Tax Authority
Zoning: RO - Residential Office
Directions and Remarks
Directions: From Homer Turn onto Main St, Turn Left on to West Fairview Ave. Blue Building to the right. Sign Posted.
Mortgage Info
EM Minimum Deposit: 5000
Unit #1
Bath - Full: 1
Bedroom: 1
Kitchen: 1
Living Room: 1
Primary Bedroom: 1
Utility Room: 1
Parking Spaces: 1
Unit #2
Bath - Full: 1
Kitchen: 1
Living Room: 1
Primary Bedroom: 1
Parking Spaces: 1
Unit #3
Bath - Full: 2
Bedroom: 2
Dining Room: 1
Kitchen: 1
Living Room: 1
Primary Bedroom: 1
Parking Spaces: 2
Unit #4
Bath - Full: 1
Kitchen: 1
Parking Spaces: 1
Property Features
Multi-Family Type: Four-Plex
Roof Type: Metal
Foundation Type: Poured Concrete
Construction Type: Wood Frame
Carport Type: None
Heating: Natural Gas; Radiant
Sewer-Type: Public Sewer
Water-Type: Public
Access Type: Paved; Maintained
View Type: Bay; City Lights; Glacier; Inlet; Mountains
Topography: Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: Covenants; CO Detector(s); In City Limits; Smoke Detector(s); Washer/Dryer; Washer/Dryer HkUp
Flooring: Laminate Flooring; Linoleum; Luxury Vinyl Plank; Carpet
Supplements
Property Highlights:
Conveniently located, offering a beautiful view and close proximity to town amenities.
Within close distance to shops, restaurants, and entertainment hubs, ensuring high tenant demand.
Four units, each providing excellent rental income opportunities.
Parking available for tenants.
Whether you're a seasoned investor or just starting your real estate journey, this fourplex is an exceptional opportunity. Start generating passive income and build long-term wealth with this remarkable income-generating property.
Unit A-$1,500 per month
Unit B-$1,200 per month
Unit C-$2,000 per month
Unit D-$850 Per month
Don't wait! Act now and secure your financial future with your very own fourplex.
Do not disturb tenants.
Property Disclosures 
HEA Utility invoice 
Listing Office: Berkshire Hathaway HomeServices Alaska Realty
Last Updated: April - 24 - 2024
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS 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. Site contains live data.