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1500 Lucus Road, Wasilla, AK 99654 (MLS# 19-11339)


$319,900
1500 Lucus Road
Wasilla, AK 99654
MLS# 19-11339
4680 sqft


1500 Lucus Road, Wasilla, AK 99654
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1500 Lucus Road, Wasilla, AK 99654 1500 Lucus Road, Wasilla, AK 99654 1500 Lucus Road, Wasilla, AK 99654 1500 Lucus Road, Wasilla, AK 99654 1500 Lucus Road, Wasilla, AK 99654 1500 Lucus Road, Wasilla, AK 99654 1500 Lucus Road, Wasilla, AK 99654 1500 Lucus Road, Wasilla, AK 99654 1500 Lucus Road, Wasilla, AK 99654 1500 Lucus Road, Wasilla, AK 99654 1500 Lucus Road, Wasilla, AK 99654 1500 Lucus Road, Wasilla, AK 99654

Property Description
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: 58745 2018 Real Expenses: $19,937 (on site manager had reduced rent - so Income could be 5k higher...) As is - over 10 CAP Rate Insurance $2,276 Repairs $2,452 Taxes $4,669 Utilities $10,540

Details
Maps
Documents
Contract Info
Price-List: 319900
Date-Listing: 2019-07-02
Status: Active
EM Minimum Deposit: 4000
Foreclosure/Bank Own: No
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1D - Matanuska Susitna Borough
Area: WA - Wasilla
Street #: 1500
Street Name: Lucus
Arterial: Road
Closest USPS Town: Wasilla
State: AK
Zip Code: 99654
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: WA12
Taxes (Estimated): 4644.49
Tax Year: 2018
Legal: The Meadows L6 B2
Property Info
Type of Property: Single Use
Building Type: Class C
Realtor.com Type: Commercial
Construction Status: Existing Structure
Building Status: Leased
% of Space Leased: 100
Acres: 1.77
SF-Lot: 77101.2
SF-Res: 4680
Zoning: RR - Rural Residential
Year Built: 1940
Directions and Remarks
Directions: From HWY drive north on Lucus Rd - property on left. Do not disturb tenants - fully leased.
Property Features
Heat Type: Forced Air
Fuel Type: Natural Gas
Exterior Finish: Wood
Foundation: Post on Pad
Roof Type: Metal
Sewer: Septic Tank
Water: Private; Well
New Finance (Terms): Cash; Conventional
Documents: Docs Posted on MLS
Supplements
2018 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

Listing Office: Real Estate Brokers of Alaska

Last Updated: September - 13 - 2019

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.

Saturday 19th of October 2019 12:15 PM