207 Washington Street, Ketchikan, AK 99901

$1,499,000
5,000
SqFt

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List Price
$1,499,000
Days on Market
1
Status
ACTIVE
MLS#
260729
Living Area
5,000
Lot Size (Acres)
0.11
Year Built
1974

Property Description

Prime Investment Opportunity: Updated 9-Plex in Central Ketchikan: Turnkey multi-family portfolio addition featuring strong rental history, water & mountain views, separate metering, flexible purchasing terms, and substantial high-value capital improvements already completed. Positioned in a high-demand central location, this 9-unit property offers immediate cash flow. Unit Breakdown: 9 total units (four 2-bed/1-bath units and five 1-bed/1-bath units). Flexible Purchase Terms: Owner financing available with attractive terms for qualified buyers-inquire for details. Heating Systems: Individual heat pumps installed in every unit, supplemented by bedroom electric heat; dedicated new boiler powering hot water heaters. Separated Utilities: Upgraded electrical service with individual unit metering. Exterior Upgrades: Newly applied roof coatings, along with upgraded decks, and exterior stairs. Interior & Finishes: Many updates to unit interiors, offering clean, low-maintenance finishes for easy tenant turnover. Centrally located on Washington Street with immediate proximity to downtown amenities and local transit. An ideal acquisition for investors in the Ketchikan market. Call today to schedule your private tour.

Additional Information

View
Mountain, Water
Roof
Membrane
Water
Public Water
Sewer
Public Sewer
Elementary School
Houghtaling
Middle School
Schoenbar
High School
Ketchikan H.S.

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Calculator source: Real Geeks

Listing courtesy of Coastal Realty, Alaska Group.