$1,950,000
$1,950,000
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28 Beds
20 Baths
15,432 SqFt
SOLD DATE : 10/15/2021
Key Details
Sold Price $1,950,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 15,432 sqft
Price per Sqft $126
MLS Listing ID 21-3067
Sold Date 10/15/21
Bedrooms 28
Full Baths 20
Construction Status Existing Structure
Originating Board Alaska Multiple Listing Service
Year Built 2004
Lot Size 0.499 Acres
Acres 0.5
Property Description
This beautifully remodeled ''homey small town eclectic feel'' income-generating 20-plex is definitely not a drive-by. Centrally positioned for Quick Rent in the Midtown area where Tenants don't need to have personal vehicles (unless desired) to get to the stores, banks, restaurants, and bus service is easily accessible nearby. This low maintenance income property boasts a strong rental history with lots of potential for excellent cash flow.
Owner's Note: What we LOVE about this property
I really love that the building is so new, built in 2004. It has commercial sprinklers in every room. It has an amazing fire alarm system. We sailed through the earthquake a couple of years ago with no damage. The building is built to current code and is in excellent shape. It gives me much peace of mind knowing that our tenants live in such a safe building.
One of the outstanding features of this building is the furnace/boiler roomthe redundant furnaces in a spacious, well lit, and accessible place. Everyone is astonished when they see the lovely and modern layout.
The building is situated where a constant breeze blows in the summer, cooling the building and keeping those pesky mosquitoes away!
BALCONIES: The balconies add such a nice homey touch. Tenants can sit on the balconies to smoke or to watch the beautiful summer sunsets. It provides a neighborly feel so that tenants can nod or say "good morning" when they pass another tenant. We place flowers in the summer so that tenants can enjoy the beauty of summer closeup.
Location
State AK
Area 10 - Spenard
Zoning B3 - General Business
Direction N on Spenard Rd. past Northern Lights. Turn right onto W. 26th Ave. The property is on the right.
Interior
Heating Natural Gas, Other, See Remarks
Exterior
Parking Features None
Building
Lot Size Range 0.5
Sewer Public Sewer
New Construction No
Construction Status Existing Structure
Schools
Elementary Schools North Star
Middle Schools Romig
High Schools West Anchorage
Others
Tax ID 0012515300001
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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