118 S 6th St, Petersburg, AK, 99833
About This Home
Turnkey Living Meets Dream Shop Potential This beautifully remodeled three-bedroom, one-bathroom home sits on a permanent strapped foundation, making it eligible for all lending options. Fresh, clean, and move-in ready, the home offers a comfortable layout and the ability to generate rental income of at least $1,350 per month. With its own private entrance and plenty of off-street parking, it’s an easy fit for homeowners, renters, or investors alike. The 10,000 square foot property sits proudly on a corner lot with an almost- fully fenced rear yard, providing a secure space for pets, gardening, or play. A steel carport adds even more value, offering covered storage for boats, vehicles, or seasonal gear, while the expansive lot provides room for additional parking and storage. The true highlight of this property is the heated fire proof detached shop. Built for year-round use, the shop comes complete with a truck lift and all the storage anyone could ever need. It’s the ultimate space for those who are mechanically inclined—whether that’s a fisherman needing workspace for gear or a car enthusiast looking for the perfect setup. With its own private driveway and separate access from the main home, the shop can be used independently without disrupting the living space of the home. One of the best ways to maximize this property is to rent out the home for steady income while using the shop yourself. The combination of updated living space, flexible layout, and an incredible shop makes this property a rare find in today’s market. Don’t miss out on a home that offers comfortable living alongside an unbeatable workspace.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Existing
- Year built: 1974
Materials
- Roof: Metal
Type & Style
- Home type: SingleFamily
- Architectural style: Raised Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Refrigerator,Electric Range/Oven,Washer,Dryer
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
Features
- Arctic Entry
Heating
- Heating features: Electric Forced Air,Oil Forced Air,Propane Forced Air
Interior Area
- Total structure area: 1,150
- Total interior livable area: 1,150 sqft
Property
Details
- Parcel number: 01006566
- Zoning: D1-Sngl Fam&Dup
Features
- Levels: One
- Waterfront features: None
Lot
- Lot size: 10,018 sqft
- Features: Corner Lot,Level
Parking
- Parking features: Heated Garage,Paved Driveway
- Has garage: Yes
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Landslide
- Winter Weather
- Avalanche
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Petersburg Borough and Alaska
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,511 | $18,132 |
| Home Insurance | $121 | $1,452 |
| Property Taxes | $264 | $3,168 |
| Electricity | $318 | $3,820 |
| Total | $2,214 | $26,568 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-10 | Price change | $299,000 |
| 2026-04-23 | Pending sale | $341,500 |
| 2025-09-23 | Listed for sale | $341,500 |
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