2503 Cedar St Seward, AK 99664

Gorgeous & Spacious Multi-Unit Property with Income Potential! Located on a large corner lot, this well-maintained three-unit property offers flexibility, comfort, and opportunity. With a history of long-term tenants, executive housing, and use as an owner-occupied B&B, there are a variety of possibilities. An attached 3-bay garage and detached 1-car garage offer even more storage options... Unit 1: 3 bed/1 bath - 1647sf Unit 2: 1 bed/1.5 bath (can be connected to Unit 1) - 918sf Unit 3 (above garage): 2 bed/2 bath - 1088sf The main home features 3 bedrooms, 1 full bathroom, and large kitchen and living space. It connects to the 1-bedroom, 1-bath unit, making it ideal for a large primary suite, guest quarters, or kept separate for long-term rental or B&B rental if occupying main house. New heat pumps have been installed in the 1-bed unit and bedrooms of the 3-bed unit for efficient heating and cooling. Above the attached three-bay garage is a bright 2-bedroom, 2-bath apartment. Each bedroom has its own en suite full bathroom connecting to the bedroom. This upper-level unit enjoys natural light and has potential for a private deck overlooking the fenced backyard. Large attached garage includes washer and dryer, utility sink, and 3/4 bathroom with shower, toilet, and sink. Another finished back room in the garage is perfect for a hobby room, office, or storage. A second, detached 1-car garage sits on the South end of the property for even more storage. Toilet in detached garage, but has not been used during ownership and may not function. Two large driveways allow for plenty of parking. This large property has a variety of options for living in one unit and renting the others out, or keeping all 3 for rental income. All units have had updated market rents for current month-to-month tenants making a stronger investment property or flexible owner-occupant opportunity.