$870,000
118 W 12th Avenue
Anchorage, AK 99501
MLS# 23-10626
Status: Closed
9 beds  |  4 baths  |  4320 sqft


Exterior_10
  1 / 45  
Exterior_10 Exterior_5 Exterior_2 Exterior_4 Exterior_7 Exterior_2 Kitchen_3 Kitchen_2 Kitchen_2 Living_Area_3 Living_Area_2 Living_Area_5 Living_Area_4 Living_Area_6 Hallway Office_1 Living_Area_1 Bath_1 2_Kitchen_Dining_3 Bedroom1_1 2_Bath 2_Bedroom2 Bedroom2_1 2_Kitchen_Dining_1 Bedroom1_2 2_Living_Area_1 Bath_2 Kitchen_1 Kitchen_4 2_Living_Area_2 2_Bedroom1 Bath_3 Bedroom2_2 Office_2 2_Kitchen_Dining_2 Bedroom2_3 Bedroom1_3 Laundry Entry_Stairway_2 Entry_Stairway_1 Exterior_12 Exterior_3 Exterior_9 Exterior_11 Exterior_8

Property Description
Rare opportunity to own a one-of-a kind income property! This downtown 4plex is operated as a Super-hosted, 5star Airbnb & Corp rental, including a long-term corporate tenant in the owner's unit. This business model greatly reduces the normal wear and tear that owners can have. Tenants love the proximity of downtown Anchorage. It's close to shopping, schools, coastal trail & parks

Details
Maps
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 870000
Date-Listing: 2023-08-26
Status: Closed
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Grid # (Muni Anch): SW1330
Tax Map #-Mat-Su: N/A
Legal: Third Addn (CLEAVER) L3 B14C
School-Elementary: BTV-Undiscl by LL
School-Middle: BTV-Undiscl by LL
School-High: BTV-Undiscl by LL
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Bathrooms Full: 4
Bathrooms Total: 4
Bldgs-Ttl #: 1
Acres: 0.16
SF-Lot: 7000
Lot Area Source: Tax Authority
Zoning: R3 - Multiple Family Residential
Garage Spaces: 0
Carport Spaces: 0
Prkg Spcs: 8
Beds: 9
Year Built: 1973
SF-Res: 4320
Number of Units: 4
Directions and Remarks
Directions: From C Street, East on W 12th Avenue. Last property on your Right .
Multi-Family Type
Apartment Style: 1
Four-Plex: 1
Building Info
Units- # of 2 BR: 3
Units-# of 3 BR: 1
Listing Terms Financing
Cash: 1
Conventional: 1
Exterior Finish
Wood: 1
Heating
Baseboard: 1
Natural Gas: 1
Topography
Level: 1
Roof Type
Asphalt: 1
Shingle: 1
Construction Type
Wood Frame: 1
Foundation Type
Unknown - BTV: 1
Wtrfrnt-Access Near
None: 1
Garage Type
None: 1
Wtrfrnt-Frontage
None: 1
Carport Type
None: 1
Sewer-Type
Public Sewer: 1
Access Type
Maintained: 1
Mortgage Info
EM Minimum Deposit: 10000
Features-MultiFamily
CO Detector(s): 1
In City Limits: 1
Laundry Facility: 1
Smoke Detector(s): 1
Washer/Dryer: 1
Washer/Dryer HkUp: 1
Paved Driveway: 1
Sold Info
Date-Pending: 2023-10-07
Date-Closing: 2023-11-14
Location Tax and Legal
Area: 5 - Downtown Anchorage
Street #: 118
Directional: W
Street Name: 12th
Arterial: Avenue
Closest USPS Town: Anchorage
State: AK
Zip Code: 99501
Property Features
Multi-Family Type: Apartment Style; Four-Plex
Exterior Finish: Wood
Roof Type: Asphalt; Shingle
Foundation Type: Unknown - BTV
Construction Type: Wood Frame
Garage Type: None
Carport Type: None
Heating: Baseboard; Natural Gas
Sewer-Type: Public Sewer
Access Type: Maintained
Topography: Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: CO Detector(s); In City Limits; Laundry Facility; Smoke Detector(s); Washer/Dryer; Washer/Dryer HkUp; Paved Driveway
Listing Terms Financing: Cash; Conventional
Supplements
The pride of ownership shows in this downtown gem. It's a unique property that has had a complete remodel, including kitchens, bathrooms, flooring, exterior siding, roof, windows boiler and water heater. Inside you will find a thoughtfully designed and decorated 4-unit property. The upstairs consists of one 2bed/office/1bath unit with its own storage room; and one 2bed/1bath unit. There are glimpses of mountains from the upper spaces. Downstairs you will find two additional 2bed/1bath units, a housekeeping closet and a large utility room complete with laundry facilities. Outside, the grounds include manicured shrubs, container flowers, large off-street parking, privacy fence and a lovely green belt buffer from the nearest city street. There are two bonus storage buildings in the back of the property as well.

IDX
Listing Office: Real Estate Brokers of Alaska

Last Updated: September - 02 - 2024

The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.