Residential Income In Wasilla

Exceptional investment opportunity with this well-maintained fourplex offering strong rental history, steady income potential and opportunity for owner occupancy. This property has been owner occupied and maintained with incredible care. *NEW SEPTIC* TANK/FIELD ’20. 2 BD, 1 BA, 1 Car garage units. The common entry is clean and inviting. The tenant screening process and careful selection over the years has resulted in a clean, well-maintained property, this building is ready for immediate occupancy or for a future investor that wants confidence with a sound purchase. The cleanest multifamily I have seen in years. Units are 1000 sq ft, feature open concept floor plans. Units have south facing windows, large kitchens with maple cabinets and islands boasting excellent prep space. They offer plenty of storage, have a washer and dryer in each unit.

This convenient location is close to mile 7 of KGB with access to 3 Bears, Vine Road and Settlers Bay. The yard space is safe and private. The easy to clean vinyl siding keeps the building looking fresh and attractive.

Significant Updates Include:
Septic tank and field were replaced in 2020
24 appliances have been replaced since purchase
Window shades in each unit
60% of the building has new interior paint.
Thermostats are locked and preprogrammed to minimize excessive utility cost.
Hose bib locks installed to ensure unnecessary use.
3 of 4 new Kitchen faucets (units 2,3,4)
All 4 washer boxes were replaced Just to present a fresh appearance
Light bulbs 60K 840 lumens all are uniform
Replaced Emergency lighting.

Outdoors:
June 2024- back yard filled in with new topsoil and reseeded

Unit 1:
Coat hooks installed in unit and garage
Replaced all window shades September 2024
Replaced washing machine September 2024
Painted garage May 2024
Replaced range hood March 2024

Unit 2:
Coat hooks installed in unit and garage
Installed vinyl plank flooring in bedrooms April 2025
Shelves built in garage closet June 2023
Painted Garage May 2023

Unit 3:
Coat hooks installed in unit and garage
New Dishwasher December 2025
New Range Hood May 2025
Built garage shelves August 2024
Garage Painted May 2024
Installed vinyl plank flooring in bedrooms December 2023

Unit 4:
Coat hooks installed in unit and garage
Painted bathroom, hallway, living room, kitchen April 2025
Painted Garage May 2023
New Range hood January 2024
Installed vinyl plank flooring in bedrooms May 2023

Tenant’s Responsibility: Electricity Directly to MEA
Owner’s Responsibility: Heat, Garbage, Water/Sewer, Landscaping/Snow Removal

Unit 1: $1389 - Month to month
Unit 2: $1375 - Year lease -Dec’25- Dec ’26
Unit 3: Owner Occupied
Unit 4: $1389 - Month to month