508 & 506 Madison St, Seward, AK 99664

Description

Rare opportunity to purchase two homes on two individual lots. Each home features 2 bedrooms, 1 bathroom, and approximately 600 square feet. Lots measure approximately 30' x 100' each. Both homes are currently tenant occupied, generating $1,135 per month per unit plus utilities, for a total of $2,270/month in gross income. Current leases are in place through May 31, 2026.
Located in the Urban Residential zoning district, which allows a variety of residential uses and provides future development flexibility. This is an excellent opportunity for investors, buyers seeking multiple rental units, or those looking to secure side-by-side properties with long-term potential. Buye...