225 N Park ST, Anchorage, AK 99504 - Alaska MLS - MLS#25-7050

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26 Beds
15 Baths
Full Baths: 15
11,052 SqFt
0.29 Lot Size
1977 Year Built

Priced at an 8.4% CAP this 14 unit investment property is a turn-key, money making operation from the start with a great property manager in place that would love to keep managing this building. Extensive improvement and capital expenditures have gone into this building to make it an easy to maintain investment for the next owner. Many of the units have been remodeled and updated. See pro forma.

Listed by Real Broker Alaska , Sold By Real Broker Alaska

GALLERY

PROPERTY DETAIL

Key Details

Sold Price $1,375,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 11, 052 sqft
Price per Sqft $124
MLS Listing ID 25-7050
Sold Date 10/31/25
Bedrooms 26
Full Baths 15
Construction Status Existing Structure
Year Built 1977
Annual Tax Amount $13,852
Lot Size 0.287 Acres
Acres 0.29
Source Alaska Multiple Listing Service
Location

State AK
Area 50 - Post Rd - Glenn Hwy
Zoning R4 - Multiple Family Residential
Direction Commercial Dr to N Park Street, North to property on right
Building

Lot Description Level
Lot Size Range 0.29
Sewer Public Sewer
New Construction No
Construction Status Existing Structure

Exterior

Topography Level
Schools

Elementary Schools William Tyson
Middle Schools Clark
High Schools Bettye Davis East Anchorage
Others

Tax ID 0050254900001
Acceptable Financing AHFC, Cash, Conventional
Listing Terms AHFC, Cash, Conventional