$539,900
SOLD JUN 24, 2016
Last list price
11 Beds
5 Baths
4,760 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$113 Per Sq Ft

75 Days on Market

About This Home

As of December 2021

Live in a 2 bedroom unit w garage for FREE! Best residential income property on the market. Excellent cash-flow property! Currently operating as a 5-unit building with a 2-car garage, but zoned for four plex. Seller will convert to 4plex for financing as needed. 4 large 2 bedroom units, 1 3bedroom. All new windows & exterior paint. Low vacancy loss, review 2015 income and expense numbers attached

Last Agent to Sell the Property

Lawrence Ross

Buyers Real Estate, LLC Listed on: 01/07/2016

Co-Listed By

Ayla Rogers

Buyers Real Estate, LLC License #18460

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1966

Parking

  • 8 Parking Spaces

Home Design

  • 4,760 Sq Ft Home
  • Block Foundation

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Full Bathrooms

Schools

  • Williwaw Elementary School
  • Clark Middle School
  • Bettye Davis East Anchorage High School

Additional Features

  • 6,970 Sq Ft Lot
  • Baseboard Heating

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $28,996
  • Gross Income $74,993

Property Details

Home Type

Apartment

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: 839
  • Co List Office Phone: 907-561-2227
  • Directions: Right on the corner of Bragaw and 8th Ave.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment Style
  • Year Built: 1966
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 5
  • Total Bedrooms: 11
  • Living Area: 4760

Exterior Features

  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Foundation Details: Block
  • Property Condition: Existing Structure

Garage/Parking

  • Total Parking Spaces: 8

Utilities

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

Schools

  • Elementary School: Williwaw
  • High School: Bettye Davis East Anchorage
  • Middle Or Junior School: Clark

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6969.6
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 74993
  • Annual Operating Expense: 28996

Tax Info

  • Tax Map Number: N/A

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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
12/21/2021 12/21/21 Sold -- -- --
12/20/2021 12/20/21 For Sale $585,000 +8.4% $117 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
06/24/2016 06/24/16 Sold -- -- --
03/24/2016 03/24/16 Pending -- -- --
01/08/2016 01/08/16 For Sale $539,900 +44.0% $113 / Sq Ft
08/28/2012 08/28/12 Sold -- -- --
06/06/2012 06/06/12 Pending -- -- --
05/31/2012 05/31/12 For Sale $375,000 -- $75 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 16-237

Alaska Multiple Listing Service

APN: 005-055-14-000