$2,574,000
$376K PRICE DROP

Estimated payment $16,140/month

Total Views 7,272
37 Beds
26 Baths
22,224 Sq Ft
$116 Price per Sq Ft

Highlights

  • 0.57 Acre Lot
  • Baseboard Heating
  • Carpet
  • Views
  • Washer and Dryer
  • 5-minute walk to Duldida Park

About This Home

Reduced to $99k/unit for quick sale!!! Buy this before the gas line goes in!!! 26-unit cash-flowing gem at 415 N. Bragaw. Strong rent roll with $40,000/month in scheduled income. Unit mix: 12 spacious 2BRs ($1,595-$1,695), 13 modern 1BRs ($1,450-$1,495), and 1 studio ($1,095). This is a turnkey, income-producing property--ideal for investors seeking lucrative returns with long-term upside.This is a turnkey, income-producing property-ideal for investors seeking lucrative returns with long-term upside.

Major upgrades already in place: new roofing (2025), new roof edge (2023), dual high-efficiency boilers (2017), dual indirect water heaters (2024), triple-pane windows in most bedrooms, and a full new fire alarm system (2015).

Seller will carry back short term note up to $257,400 with full price offer.

Listing Agent

Edwin Osowski

Susitna Properties License #15882 Listed on: 04/24/2025

Co-Listing Agent

Lee Henry

RE/MAX Dynamic Properties License #7198

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1974

Home Design

  • 22,224 Sq Ft Home
  • Block Foundation
  • Wood Frame Construction
  • Rolled or Hot Mop Roof

Flooring

  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 37 Bedrooms
  • 26 Full Bathrooms

Parking

  • 18 Parking Spaces
  • Paved Parking
  • Open Parking

Schools

  • Mountain View Elementary School
  • Clark Middle School
  • Bettye Davis East Anchorage High School

Additional Features

  • Washer and Dryer
  • 0.57 Acre Lot
  • Baseboard Heating
  • Property Views

Community Details

Overview

  • 26 Units

Building Details

  • Operating Expense $121,918
  • Gross Income $445,056

Property Details

Home Type

Apartment

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.57
  • Road Surface Type: Paved
  • Co List Office Phone: 907-865-4700
  • Directions: North on Bragaw, property is on the right side, one block past Red Apple, CU1, APD, Alaska Museum of Science & Nature.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment Style
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 26
  • Total Bedrooms: 37
  • Flooring: Carpet, Laminate, Linoleum, Vinyl
  • Interior Amenities: Storage
  • Living Area: 22224

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Stucco, Wood Frame - 2x4
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Paved, No Carport, No Garage
  • Total Parking Spaces: 18

Utilities

  • Laundry Features: Common Area
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 24829.2
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3

Green Features

Multi Family

  • Number Of Units Total: 26
  • Annual Gross Income: 445056
  • Annual Operating Expense: 121918

Tax Info

  • Tax Map Number: N/A

Map

Range of Values:

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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 List to Sale Price per Sq Ft Prior Sale
10/16/2025 10/16/25 Price Changed $2,574,000 -8.1% $116 / Sq Ft
09/16/2025 09/16/25 Price Changed $2,800,000 -5.1% $126 / Sq Ft
04/24/2025 04/24/25 For Sale $2,950,000 +73.5% $133 / Sq Ft
04/16/2014 04/16/14 Sold -- -- -- View Prior Sale
09/06/2013 09/06/13 Pending -- -- --
05/10/2013 05/10/13 For Sale $1,700,000 -- $76 / Sq Ft
Source: Alaska Multiple Listing Service

Source: Alaska Multiple Listing Service

MLS Number: 25-4573

Alaska Multiple Listing Service