MLS Public Remarks Long-time owner offering a Great 4-unit in downtown Juneau, borders the Wild Goose State Trail for biking, hiking and enjoying the outdoors. This property provides a great return for investors or house-hacking owner occupant. Offered at a Gross Rent Multiple of 8.3, this property meets the "1% rule" with market rents. Two units recently vacated and available for owner occupant or re-rent to maximize recent rent growth. Owner willing to fill vacancies prior to close based on Buyer's intent. Property contains two parcels 241-1115-2224-003 and 241-1115-2224-039. Two of the furnaces were replaced in 2022.
Location City
Other Marketing Area
Mailing City Juneau
C/T/V City
Unit #
Directions N Main St To East On E Center St To North On N Depot St
Number of Units 4
Year Built 999
# Furnaces 4
Heating Type ForcAir
Heating Fuel Nat Gas
# Water Heaters 5
# Water Softeners 0
# Stoves 4
# Refrigerators 4
# Dish Washers 0
# Washers 2
# Dryers 2
# Units w/AC 2
Number of Efficiencies 0
Number of 1 Bedrooms 2
Number of 2 Bedrooms 1
Number of 3+ Bedrooms 1
Total Income 0
Total Expenses 0
Net Operating Inc 0
Year
School District Dodgeland
High School Dodgeland
Middle Dodgeland
Elementary Dodgeland
Land Assessment $17,000
Improvements $77,600
Total Assessment $94,600
Net Taxes $2,415
Assessment Year 2021
Tax Year 2021
Owner
Zoning Comercial
Subdivision
Name of Lake/River
Est. Total Acres 0.33
Source for Est. Total Acres PubR
Unit 1 Air conditioning, Range/oven, Refrigerator, Separate Storage Unit Inc, Wood or sim. wood floor
Unit 2 Air conditioning, Range/oven, Refrigerator, Separate Storage Unit Inc, Wood or sim. wood floor
Unit 3 Range/oven, Refrigerator, Separate Storage Unit Inc, Wood or sim. wood floor
Unit 4 Range/oven, Refrigerator, Separate Storage Unit Inc
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Landlord Pays |
Unit |
Bedrooms |
Full Baths |
Half Baths |
Lease Expiration Date |
Month Rent |
Fin Sq.Ft |
Parking |
Elec |
Heat |
W/S |
1 |
2 |
1 |
0 |
Vacant |
$700 |
0 |
None |
No |
No |
No |
2 |
1 |
1 |
0 |
Vacant |
$550 |
0 |
None |
No |
No |
Yes |
3 |
1 |
1 |
0 |
6/30/2023 |
$550 |
0 |
None |
No |
No |
Yes |
4 |
3 |
1 |
0 |
6/30/2023 |
$700 |
0 |
None |
No |
No |
No |
Items Included 4 stove/ovens, 4 refrigerators, 2 coin washer, 1 stack dryer, 2 air conditioning units, 1 additional new gas hot water heater - never installed.
Items Excluded
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Full
Type 2 flat, 2 story
Parking per Unit Outside
Barrier-free Features
Exterior Aluminum/Steel, Vinyl
Waterfront
Terms Exchange
Utilities Sep elec meters each unit, Sep gas meters each unit
Legal Documents
Miscellaneous
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Stark Company, Realtors