Description

Great Investment Opportunity! Seller finance w/ 2% interest rate for full price offer and 25% down. 7 rental units: 3 Single Family Homes and a 4 plex on 5 acres. 3 units furnished. Potential 8th unit unfinished. Big owner's unit w/ 2 car garage (864sq/ft). Well water is NOT potable. Tenants have unlimited bottled water from the State. State may install water holding tank in 2023. (see add.) Property addresses are 2550 (Grey house), 2570 (Brown house - rented by State of Alaska), 2560 (Green House), 2546 (Red House) - 4 units. Due to location near the airport this property has contaminated well water from PFAS (fire fighting foam). The State of Alaska is working on a long-term solution to resolve this issue for contaminated properties. You can learn more at The contact information for the environmental engineering firm contracted by the state to coordinate water testing is Shannon and Wilson.. Sarah Yoder will be your point of contact for health and toxicology related questions. Robert Burgess can provide information on the State's regulatory responsibilities and the DOT contacts can provide updates on the proposed long-term solutions. Andrew Warner DOT and PFAS Response Coordinator; Sarah Yoder Public Health Specialist with the Department of Health and Social Services; Robert Burgess Alaska Department of Environmental Conservation (regulatory oversight). Must have Proof of Funds (25% downpayment) to schedule showing of property. The potential 5th unit in the Red house is 468 square feet - (plumbed and sheetrocked - but has dirt floor) and there is a 312 square foot heated storage space on the ground level that also has a dirt floor. The 780 square feet of these spaces are not included in the square footage of the property because they do not have a floor.

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Listed by: Real Broker, Llc