1018 2nd St, Kenai, AK 99611

The opportunity you have been waiting for! Just outside of downtown Kenai, perfect for investors or those looking to live in one unit while renting out the others! This property boasts new windows, a durable 30-year roof, and fresh trim and paint, ensuring minimal maintenance for years to come. 2 units have a new fridge and newer washer.and dryers in all 3 units. UNIT 1 LEASE until April, 2024 , UNIT 2 occupied by long-term tenants month to month, UNIT 3 LEASE until June 30, 2024. So, you have options. Whether you're seeking steady rental income or considering an owner-occupied investment, this property fits the bill. Plus, tenants pay electricity in 2 units while the landlord covers gas, garbage, and water/sewer, and electricitt in one unit. Enjoy the convenience of single-story living in each unit, attracting tenants seeking comfort and accessibility. Don't let this opportunity slip away – contact Melissa Billups at (916) 397-5997 and secure your spot in the thriving Kenai market! FOR SALE BY OWNER 10k credit for Flooring in escrow for good offer. RENTS AND LEASES - 1018 Second Street, Kenai AK 99611 2248 Sq Ft Total - 3 Units UNIT #1 - 2 bedroom/2 bath 780 sq ft Updates - New Refrigerator 2022 - New Roof 2023 $1200 Deposit $1200 Rent $25 Dog Rent $30 KPB Tax TOTAL: $1255 a month - Lease Runs 4/8/2024 to 4/7/2025 UNIT #2 - 2 bedroom 2 bath 780 sq ft Updates - New Washer and Dryer 2019 - New Roof 2023 $700 Deposit $900 Rent - Grandfathered in since 2017 $25 Cat Rent $30 KPB Tax TOTAL: $955 a month - no lease - Expected rise soon to $1050 7/1/2024 UNIT #3 - 1 bedroom/1 bath 688 sq ft Updates - New Refrigerator 2024 -New Vinyl Flooring in Kitchen, New Vanity in Bathroom 2022 New Roof 2023 $500 Deposit $1045 Rent $25 Dog Rent $30 KBB Tax INCLUDES Utilities due to short term lease TOTAL: $1100 a month Lease Runs 3/17/2024 to 6/1/2024 UTILITIES ESTIMATE LANDLORD PAYS YEARLY (exception to Unit 3 - $100-150 Extra per mo) GAS- Enstar $1713.16 a year GARBAGE - Neighbor $778.32 a year ELECTRICITY - Homer Electric $600 a year (Utility Room only) SNOW/SAND $495.00 a year QUARTERLY SALES TAX -KPB $256.00 x 4 = $1024.00 a year WATER/SEWER $2792.03 Unit 3 is the only one that includes electricity in their rent. They are a short term renters so we left it in our name and added it to the rent.