Seward, AK 99664,2503 Cedar ST
Seward, AK 99664,2503 Cedar ST
Seward, AK 99664,2503 Cedar ST
Additional details
Elite Real Estate Group

Elite Real Estate Group

Elite Real Estate Group

$765,000
Est. payment /mo
6 Beds
6 Baths
3,653 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,653 sqft

Price per Sqft $209

MLS Listing ID 25-6456

Bedrooms 6

Full Baths 4

Half Baths 1

Three Quarter Bath 1

Construction Status Existing Structure

Year Built 1955

Lot Size 0.790 Acres

Acres 0.79

Property Sub-Type Triplex

Source Alaska Multiple Listing Service

Property Description

Gorgeous & Spacious Multi-Unit Property with Income Potential! Located on a large corner lot, this well-maintained three-unit property offers flexibility, comfort, and opportunity. With a history of long-term tenants, executive housing, and use as an owner-occupied B&B, there are a variety of possibilities. An attached 3-bay garage and detached 1-car garage offer even more storage options... Unit 1: 3 bed/1 bath - 1647sf
Unit 2: 1 bed/1.5 bath (can be connected to Unit 1) - 918sf
Unit 3 (above garage): 2 bed/2 bath - 1088sf

The main home features 3 bedrooms, 1 full bathroom, and large kitchen and living space. It connects to the 1-bedroom, 1-bath unit, making it ideal for a large primary suite, guest quarters, or kept separate for long-term rental or B&B rental if occupying main house. New heat pumps have been installed in the 1-bed unit and bedrooms of the 3-bed unit for efficient heating and cooling.

Above the attached three-bay garage is a bright 2-bedroom, 2-bath apartment. Each bedroom has its own en suite full bathroom connecting to the bedroom. This upper-level unit enjoys natural light and has potential for a private deck overlooking the fenced backyard.

Large attached garage includes washer and dryer, utility sink, and 3/4 bathroom with shower, toilet, and sink. Another finished back room in the garage is perfect for a hobby room, office, or storage.
A second, detached 1-car garage sits on the South end of the property for even more storage. Toilet in detached garage, but has not been used during ownership and may not function. Two large driveways allow for plenty of parking.

This large property has a variety of options for living in one unit and renting the others out, or keeping all 3 for rental income. All units have had updated market rents for current month-to-month tenants making a stronger investment property or flexible owner-occupant opportunity.

Location

State AK

Area 365 - Seward - Cooper Landing

Zoning RR - Rural Residential

Direction From Seward Hwy. driving North, turn LEFT onto Hemlock Ave., turn RIGHT onto Dimond Blvd., take a slight LEFT onto Ash St., turn RIGHT onto Cedar St. 2503 Cedar is the first home on the Left.

Interior

Heating Baseboard, Oil, Radiant Floor, See Remarks

Flooring Carpet

Exterior

Parking Features Attached

Garage Spaces 4.0

Garage Description 4.0

View Mountains, Partial

Roof Type Metal

Topography Level

Building

Lot Description Level

Foundation Poured Concrete

Lot Size Range 0.79

Sewer Public Sewer

New Construction No

Construction Status Existing Structure

Schools

Elementary Schools Seward

Middle Schools Seward

High Schools Seward

Others

Tax ID 14503408

Acceptable Financing AHFC, Cash, Conventional, FHA, VA Loan

Listing Terms AHFC, Cash, Conventional, FHA, VA Loan


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Alaska MLS
Listed by Seward Properties

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Elite Real Estate Group

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