$369,900
SOLD FEB 17, 2012
Last list price
8 Beds
4 Baths
3,656 Sq Ft
0.26 Acres

Recently Sold

$101 Per Sq Ft

2 Days on Market

About This Home

As of September 2016

Bread and butter 4 unit building 2bd/1ba each. A great opportunity in a very high demand rental area, nearly 0% vacancy rate, fantastic location across from Ptarmigan Elementary School, Hwy & Bases. A wonderful charming building w/positive cash flow. All new vinyl windows in 01, new roof & heating system in 05. Units have been updated w/carpet & appliances. Extremely well taken care of pride if...

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,206

Year Built

  • Built in 1977

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 3,656 Sq Ft Home
  • Peek-A-Boo Views
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Schools

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

Additional Features

  • 0.26 Acre Lot
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $3,700

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $396
  • Fuel Expense $4,056
  • Insurance Expense $1,785
  • Trash Expense $1,716
  • Water Sewer Expense $2,184
  • Operating Expense $15,344
  • Gross Income $44,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,206

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.26
  • Road Surface Type: Paved
  • Directions: East on Debarr, past Boniface, left on Edward st. 4plex on right corner of Edward & E. 8th.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Quadruplex
  • Year Built: 1977
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 3656

Exterior Features

  • Lot Features: City Lot
  • Topography: Level
  • View: Mountain(s), Partial
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Metal
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 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
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 4056
  • Trash Expense: 1716
  • Annual Water Sewer Expense: 2184

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 11325.6
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 396
  • Annual Gross Income: 44400
  • Insurance Expense: 1785
  • Annual Operating Expense: 15344
  • Total Actual Rent: 3700

Tax Info

  • Tax Annual Amount: 5206
  • Tax Map Number: N/A
  • Tax Year: 2011

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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
09/08/2016 09/08/16 For Sale $450,000 +21.7% $138 / Sq Ft
09/07/2016 09/07/16 Sold -- -- --
09/07/2016 09/07/16 Pending -- -- --
02/17/2012 02/17/12 Sold -- -- --
01/12/2012 01/12/12 Pending -- -- --
01/09/2012 01/09/12 For Sale $369,900 -- $101 / 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: 12-270

Alaska Multiple Listing Service