NOT LISTED FOR SALE

320 E 46th Ave Anchorage, AK 99503

Midtown Neighborhood
12 Beds
6 Baths
4,772 Sq Ft
7,405 Sq Ft Lot

Last Sold August 14, 2020

Highlights

  • Views
  • Rogers Park Elementary School Rated A
  • Baseboard Heating

About This Home

As of August 2020

Looking for an investment property that outshines what you've been looking at? Huge 3 bed 1.5 bath townhouse style units with washer/dryer in each. New roof, new paint, nearly all windows replaced in the last 2 years. Over $100,000 in recent updating. One unit is partially furnished. One unit FULLY furnished and two units with long term tenants with a stellar track record. Seller is Licensee.Pre COVID, the two fully remodeled/decorated units were bringing in over $6000 a month each ($200+ per night) as Airbnb units during the summer and $4000 per month during the winter. Units were converted to long term tenants and now rent for $1700 to $1900. The other two units are amazing tenants who have not missed or been late on rent in over 3 years. One tenant has been there 7 years and takes amazing care of their unit (#4). Unit #1 is a slope worker who never has issues. Both unit 4 and 1 are under leased at $1300 + E since they are no headache.
Building is fully leased. Unit 3 will be sold fully furnished and move in ready. Or you can occupy one of the other units and use that one for massive income earnings.
Property sits next door to 3 Hotels, a Starbucks, and is centrally located making it easy to rent. Lowes and Home Depot are less that 1/4 mile away making it easy to maintain. It has been a dream to own. The Airbnb income was ridiculous pre COVID. Definitely worth pursing again in the future. Selling to roll equity into a larger investment.

Last Agent to Sell the Property

Roy Briley Real Estate Gr

Real Estate Brokers of Alaska License #500063 Listed on: 06/17/2020

Real Estate Brokers of Alaska

Last Buyer's Agent

Alberta Fakatou

Jack White Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,987

Year Built

  • Built in 1972

Lot Details

  • 7,405

Parking

  • 8 Parking Spaces

Home Design

  • 4,772 Sq Ft Home
  • Quadruplex
  • Block Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Block Exterior
  • Concrete Block And Stucco Construction

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Schools

  • Btv-Undiscl By Ll Elementary And Middle School
  • Btv-Undiscl By Ll High School

Additional Features

  • 7,405 Sq Ft Lot
  • Baseboard Heating
  • Property Views

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,987

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • Directions: From Tudor Rd, head south on Cordova (across from Lowes), Left on 46th Ave. Building on right.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Quadruplex
  • Year Built: 1972
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 6
  • Total Bedrooms: 12
  • Living Area: 4772

Exterior Features

  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Vinyl Siding, Block, Concrete, Wood Frame - 2x4, Wood Frame - 2x6
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Membrane

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 8

Utilities

  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: BTV-Undiscl by LL
  • High School: BTV-Undiscl by LL
  • Middle Or Junior School: BTV-Undiscl by LL

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7405.2
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 8987
  • Tax Map Number: N/A
  • Tax Year: 2020

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold -- -- --
06/18/2020 06/18/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $625,000 -- $131 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Roy Briley Real Estate Gr

    Real Estate Brokers of Alaska

    (907) 343-8900

    13 in this area

    1,178 Total Sales

    Roy Briley Real Estate Gr
    Section Image

  • A

    Buyer's Agent in 2020

    Alberta Fakatou

    Jack White Real Estate

  • Joslyn Blanchard

    Buyer Co-Listing Agent in 2020

    Joslyn Blanchard

    Jack White Real Estate

    (907) 230-7760

    3 in this area

    304 Total Sales

    Joslyn Blanchard
    Section Image
See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 20-8929

Alaska Multiple Listing Service

Alaska Anchorage Borough Anchorage 99503 Midtown

320 E 46th Ave, Anchorage, AK

This home is located at 320 E 46th Ave, Anchorage, AK 99503 since 17 June 2020. This property was built in 1972. 320 E 46th Ave is a home located in Anchorage Municipality with nearby schools including Rogers Park Elementary School, Romig Middle School, and West High School.

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