36025 Reef Drive, Kenai, AK 99611 (MLS# 23-5874)

36025 Reef Drive, Kenai, AK 99611

$725,000
Property Type: Multi-Family Bedrooms: 6 Baths: 5 Square Footage: 3,456 Lot Size (sq. ft.): 62,291 Status: Closed
Current Price: $725,000 Last Modified: 9/22/2024

Overview

Description

Motivated Sellers! Beautiful beach front cabins with solid cashflow!! Income property with direct, private beach access and No CCR's! Additional garage and greenhouse spaces with garden area. Month to month leases at $1500 per cabin. Utilities are approx $1500/mo in winter. Less in summer. Sellers willing to Owner Finance with $200K down

Listing Details MLS# 23-5874

Contract Info

Price-List
725000
Date-Listing
2023-05-31
Foreclosure/Bank Own
No

Sold Info

Date-Pending
2023-07-30
Date-Closing
2023-08-31

Location Tax and Legal

Area
310 - Kalifornsky Beach
Street #
36025
Street Name
Reef
Arterial
Drive
Closest USPS Town
Kenai
State
AK
Zip Code
99611

Property Info

Realtor.com Type
Multi-Family
Construction Status
Existing Structure
Beds
6
Bathrooms Full
5
Bathrooms Total
5
Bldgs-Ttl #
4
Year Built
1996
Year Remodeled
2023
Year Updated
2020
SF-Res
3456
Number of Units
4
SF-Lot
62291
Acres
1.43
Carport Spaces
Yes
Garage Spaces
2
Prkg Spcs
10
Lot Area Source
Tax Authority
Zoning
UNZ - Not Zoned
Bathrooms Half
0
Bathrooms Three Quarter
0

Directions and Remarks

Directions
KBeach from Kenai heading south. Turn right on Karluk, right on Reef and a quick left at the property.

Building Info

Units-# of 1 BR
4

More Information

Waterfront Details

Waterfront Name
Cook Inlet

Mortgage Info

EM Minimum Deposit
7000

Location, Tax and Legal

Region
1 - Southcentral Alaska Region
Borough/Census Area
1B - Kenai Peninsula Borough
Grid # (Muni Anch)
N/A
Tax Map #-Mat-Su
N/A
Legal
Karluk Reef Addn #2 L8
School-Elementary
Mt. View
School-Middle
Kenai
School-High
Kenai Central

Multi-Family Type

Other - See Remarks
Yes

Listing Terms Financing

Cash
Yes
Conventional
Yes
Owner Finance
Yes

Exterior Finish

Wood
Yes

Heating

Natural Gas
Yes
Other
Yes

Topography

Level
Yes

Roof Type

Metal
Yes

Construction Type

Wood Frame
Yes

Foundation Type

Pilings
Yes
Slab
Yes
Treated Posts
Yes

View Type

Inlet
Yes
Mountains
Yes
Ocean
Yes

Wtrfrnt-Access Near

Ocean
Yes

Garage Type

Detached
Yes

Wtrfrnt-Frontage

Inlet
Yes
Oceanfront
Yes

Carport Type

Attached
Yes

Flooring

Laminate
Yes
Luxury Vinyl
Yes

Sewer-Type

Septic Tank
Yes

Water Source

Shared Well
Yes

Access Type

Maintained
Yes

Features-MultiFamily

Washer/Dryer
Yes

Docs Avl for Review

As-Built
Yes
Prop Discl Available
Yes

Property Features

Multi-Family Type: Other - See Remarks Exterior Finish: Wood Roof Type: Metal Foundation Type: Pilings; Slab; Treated Posts Construction Type: Wood Frame Garage Type: Detached Carport Type: Attached Heating: Natural Gas; Other Sewer-Type: Septic Tank Water Source: Shared Well Access Type: Maintained View Type: Inlet; Mountains; Ocean Topography: Level Wtrfrnt-Frontage: Inlet; Oceanfront Wtrfrnt-Access Near: Ocean Features-MultiFamily: Washer/Dryer Flooring: Laminate; Luxury Vinyl Docs Avl for Review: As-Built; Prop Discl Available Listing Terms Financing: Cash; Conventional; Owner Finance
IDX
Listing Office: Alaska 1st Realty, Inc.
Last Updated: September - 22 - 2024
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.

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