NOT LISTED FOR SALE
8 Beds
4 Baths
3,776 Sq Ft
8,712 Sq Ft Lot

Last Sold December 31, 2020

29 Days on Market

Highlights

  • Vaulted Ceiling
  • Baseboard Heating
  • Carpet
  • Views
  • Washer and Dryer

About This Home

As of December 2020

Easy to own and care for. Your tenants will love these open style units. The upper 2 have vaulted ceilings, balconies and mountain views. The lower 2 units are popular with those who don't like stairs. All have storage closets. Lots of off-street parking with RV or boat parking options available. Totally move-in ready. It's a great income generator near JBER and just minutes to the UMED district.This building was recently purchased by a highly reputable general contractor with one goal in mind----make it shine like new. A great deal of time and energy has been put into rebuilding and restoring the property for the investor wanting years of carefree ownership. New roof, new boiler, new egress windows, new paint, etc., etc. It will be a pleasure to live in and own. When you compare this property with a similar sized new construction 4-plex (now costing over $650K) you'll agree that this strategically located (minutes from JBER or the UMED District) apartment building is a solid investment for anyone wanting a dependable income generator in their investment portfolio. This sunny corner property even has a rather rare large fenced side yard that could easily be used for gated RV, Boat, or extra car Parking. Located 1 short block from a large park and only a quick hop to large store grocery shopping, banking, and services. The seller/contractor is currently putting the finishing touches on this large restoration project----call us before it's sold. Be sure and ask about professional property management options.

Last Agent to Sell the Property

Shane Blattler

Jack White Real Estate License #15837 Listed on: 07/31/2020

Jack White Real Estate

Last Buyer's Agent

Connie Heyworth

Herrington and Company, LLC License #15240

Herrington and Company, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 8,712

Home Design

  • Quadruplex
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 3,776 Sq Ft Home
  • Vaulted Ceiling
  • Fire and Smoke Detector
  • Washer and Dryer
  • Property Views

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Paved Parking
  • Open Parking

Schools

  • Ptarmigan Elementary School
  • Clark Middle School
  • Bartlett High School

Additional Features

  • 8,712 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • Directions: From the Glenn Hwy go south on Boniface to 6th Avenue, turn left and go 2 blocks to Newell, turn left and the property is on the left - right at the corner of Newell and Rocky Mountain Court.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Quadruplex
  • Year Built: 1985
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Carpet, Laminate
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 3776

Exterior Features

  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, RV Access/Parking, No Carport, No Garage
  • Total Parking Spaces: 8

Utilities

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

Schools

  • Elementary School: Ptarmigan
  • High School: Bartlett
  • Middle Or Junior School: Clark

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 8712
  • 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 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
12/31/2020 12/31/20 Sold -- -- --
08/30/2020 08/30/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $459,500 +61.2% $122 / Sq Ft
06/19/2020 06/19/20 Sold -- -- --
05/12/2020 05/12/20 Pending -- -- --
01/27/2020 01/27/20 For Sale $285,000 -- $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: 20-11859

Alaska Multiple Listing Service