NOT LISTED FOR SALE

725 W 45th Ave Anchorage, AK 99503

Midtown Neighborhood
10 Beds
4 Baths
4,594 Sq Ft
9,583 Sq Ft Lot

Last Sold February 10, 2016

26 Days on Market

Highlights

  • Vaulted Ceiling
  • Baseboard Heating
  • 1-minute walk to Pop Carr Park
  • West High School Rated A

About This Home

As of February 2016

Great Cash-flowing Midtown 4-plex, features 2-three bedroom & 2-two bedroom apartment homes. Perfect low vacancy location. Current rents are $4882/mn with one vacant for showing, which easily rents for $1275/mn. Live on site or rent all apartment and bring in approx. $6157/mn. Exterior freshly painted, new cedar fence, remodeled laundry room & interior common areas. All have fireplaces & coveredparking. Bathrooms, kitchens, flooring, window covering, & fixtures also updated over the years. Buyer to cooperate in 1031 tax exchange seller is doing @ no cost to buyer.

Last Agent to Sell the Property

Rick Davids

Sun Properties, LLC License #13871 Listed on: 12/05/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 9,583

Home Design

  • Quadruplex
  • Treated Wood Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 4,594 Sq Ft Home
  • Vaulted Ceiling
  • Laminate Flooring
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Parking

  • 7 Parking Spaces
  • 4 Carport Spaces
  • Paved Parking
  • Open Parking

Schools

  • Willow Crest Elementary School
  • Romig Middle School
  • West Anchorage High School

Additional Features

  • 9,583 Sq Ft Lot
  • Baseboard Heating

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $792
  • Fuel Expense $3,180
  • Insurance Expense $2,443
  • Other Expense $1,200
  • Trash Expense $732
  • Water Sewer Expense $2,400
  • New Taxes Expense $4,314
  • Operating Expense $32,736
  • Gross Income $62,140

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Road Surface Type: Paved
  • Directions: East on Tudor, south on Arctic & left on 45th, 2nd property on the left.
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Quadruplex
  • Year Built: 1983
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 10
  • Flooring: Laminate
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 4594

Exterior Features

  • Lot Features: City Lot
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Siding, Frame
  • Foundation Details: All-Weather Wood
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 4
  • Covered Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Paved, Detached Carport, No Garage
  • Total Parking Spaces: 7

Utilities

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

Fee Information

  • Annual Fuel Expense: 3180
  • Trash Expense: 732
  • Annual Water Sewer Expense: 2400

Schools

  • Elementary School: Willow Crest
  • High School: West Anchorage
  • Middle Or Junior School: Romig

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 9583.2
  • Mobile Dim Units: Feet
  • Zoning Description: Multiple Family Residential
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 792
  • Annual Gross Income: 62140
  • Insurance Expense: 2443
  • Annual Operating Expense: 32736

Tax Info

  • New Taxes Expense: 4314
  • Tax Map Number: N/A

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 Change Sq Ft Price
02/10/2016 02/10/16 Sold -- -- --
01/01/2016 01/01/16 Pending -- -- --
12/05/2015 12/05/15 For Sale $687,500 -- $150 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rick Davids

    Seller's Agent in 2016

    Rick Davids

    Sun Properties, LLC

    (907) 242-6446

    271 Total Sales

    Rick Davids
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Map

Source: Alaska Multiple Listing Service

MLS Number: 15-17612

Alaska Multiple Listing Service

Alaska Anchorage Borough Anchorage 99503 Midtown

725 W 45th Ave, Anchorage, AK

This home is located at 725 W 45th Ave, Anchorage, AK 99503 since 05 December 2015. This property was built in 1983. 725 W 45th Ave is a home located in Anchorage Municipality with nearby schools including Willow Crest Elementary School, Romig Middle School, and West High School.

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