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Key Details
Sold Price $725,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,300 sqft
Price per Sqft $136
MLS Listing ID 23-10982
Sold Date 01/16/24
Bedrooms 11
Full Baths 6
Construction Status Existing Structure
Year Built 1978
Annual Tax Amount $9,295
Lot Size 0.275 Acres
Acres 0.28
Source Alaska Multiple Listing Service
Property Description
Extremely well cared for investment property with great amenities at a mid 8% CAP rate! Most of the units have been remodeled in recent years and many CAP EX items have been completed, such a new boiler in 2022 and a majority of the buildings windows. One bed unit has an office and is nearly the same size at the 2 bed units. $7,300 gross monthly rents!
Location
State AK
Area 10 - Spenard
Zoning R2M - Multi Family
Direction From Minnesota West on Spenard; 1 blk S on Greenland to McKinley. Property on corner.
Interior
Heating Baseboard, Natural Gas
Building
Lot Size Range 0.28
Sewer Public Sewer
New Construction No
Construction Status Existing Structure
Schools
Elementary Schools Northwood
Middle Schools Romig
High Schools West Anchorage
Others
Tax ID 0101270100001
Acceptable Financing AHFC, Cash, Conventional
Listing Terms AHFC, Cash, Conventional
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Bought with Vogel Realty Group, LLC
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