1254-1256 Water Street,Ketchikan, AK 99901
Ketchikan, AK 99901
Description
Don't miss out on this incredible multi-family opportunity! This property features three thoughtfully designed units: two spacious 2-bedroom, 2-bathroom units, one cozy 1-bedroom, 1-bathroom unit, and a generously sized unfinished space brimming with potential. All units are separately metered, offering ease and independence for tenants. Located within walking distance to downtown Ketchikan on the historic Water Street, this property provides stunning views from every unit, making it an exceptional choice for both vacationers and long-term residents alike. The upper 2-bedroom, 2-bathroom unit offers a private parking deck off Sayles Street, complete with a private entrance, a large laundry/mudroom, and an open-concept living area that seamlessly connects to a walk-out deck showcasing breathtaking panoramic views. The middle 2-bedroom, 2-bathroom unit also boasts a separate entrance, stunning views from its own deck, a spacious open living area, and a private laundry/mudroom. The lower level features a separately metered unfinished space with one bathroom, offering endless possibilities to transform it into something truly special. Next-door, the one-bedroom, one-bathroom unit includes a carport beneath and a private deck, making it a perfect retreat. With a history as both a successful vacation rental and long-term rental, this property offers both comfort and incredible investment potential in a prime location.
Details
| MLS # | 25-1610 |
|---|---|
| Listing Type | For Sale |
| Building Name | Jeff Updike |
| Sub-Type | Resale |
| Status | Active |
| Year | 2011 |
| Days On Site | 551 |
| Listing Provided By | Coastal Realty, Alaska Group | Hilary Robbins |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 3,206 |
| Car Port | Yes |
| Units | 3 |
| Building(s) | 2 |
| Zoning | RM - Medium Density Residential |
| Acreage | 0.09 |
| Water Front | Ocean |
| Property View | Mountain(s), Ocean |
Interior
| Heating | Baseboard, Other, Electric, Propane, Separate Meters |
|---|---|
| Heating Yes / No | Yes |
Exterior
| Roof | Metal, Composition, Shingle |
|---|---|
| Security Features | Smoke Detector(s) |
| Wtrfrnt Hyphen Access Sp Near Co Wtrfrnt Hyphen Access Sp Near | Ocean |
| Construction Materials | Wood Frame |
| Foundation Details | Post on Pad, Poured Concrete, Unknown - BTV |
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | None |
| Carport Sp Type Co Carport Sp Type | Attached, Tuck Under |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Frontage Type | None |
|---|
Taxes
| Tax Annual Amount | 5275.48 |
|---|---|
| Tax Year | 2025 |
| Tax Map Number | N/A |
| Tax Legal Description | ALL AND ENTIRE L3 B3 U. S. SURVEY 437, KETCHIKAN RECORDING DISTRICT, FIRST JUDICIAL DISTRICT |
| Tax Assessed Value | 464800 |
Area Information
| State | AK |
|---|---|
| City | Ketchikan |
| Zip Code | 99901 |
| Area | 2C Ketchikan Gateway Borough |
| Subarea | Ketchikan Gateway Borough All |
| School District | Ketchikan |
| Elementary School | Houghtaling |
| High School | Ketchikan |
| Listing VS Median (in 99901) | |
Price: $769,000 low | high Med: $465,000 sqft: 3,206 low | high Med: 1,332 $ / sqft: $240 low | high Med: $349 On site: 551 low | high Med: 326 | |
Request a showing
Request a showing
Contact
Learn More About This Property
| State | AK |
|---|---|
| City | Ketchikan |
| Zip Code | 99901 |
| Area | 2C Ketchikan Gateway Borough |
| Subarea | Ketchikan Gateway Borough All |
| School District | Ketchikan |
| Elementary School | Houghtaling |
| High School | Ketchikan |
| Listing VS Median (in 99901) | |
Price: $769,000 low | high Med: $465,000 sqft: 3,206 low | high Med: 1,332 $ / sqft: $240 low | high Med: $349 On site: 551 low | high Med: 326 | |
