$725,000
1703 McKinley Avenue
Anchorage, AK 99517
MLS# 23-10982
Status: Closed
11 beds  |  6 baths  |  5300 sqft


1-Exterior Front-DW-7317-Edit
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1-Exterior Front-DW-7317-Edit 2-Exterior Back-DW-7297-Edit 3-Exterior Back-DW-7307-Edit 4-Exterior Back-DW-7302-Edit 5-Exterior Front-DW-7322-Edit IMG_5145 IMG_5148 IMG_5146 IMG_5152 IMG_5149 Unit 6 Kit Unit 6 Dining Room Unit 6 Living Room Unit 6 Bath 1

Property Description
Extremely well cared for investment property with great amenities at a mid 8% CAP rate! Most of the units have been remodeled in recent years and many CAP EX items have been completed, such a new boiler in 2022 and a majority of the buildings windows. One bed unit has an office and is nearly the same size at the 2 bed units. $7,300 gross monthly rents!

Details
Maps
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 725000
Date-Listing: 2023-09-05
Status: Closed
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Grid # (Muni Anch): SW1728
Tax Map #-Mat-Su: N/A
Legal: Lincoln Park L9 B3
Taxes (Estimated): 9295
Tax Year: 2023
School-Elementary: Northwood
School-Middle: Romig
School-High: West Anchorage
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Bathrooms Full: 6
Bathrooms Total: 6
Bldgs-Ttl #: 1
Acres: 0.28
SF-Lot: 12000
Lot Area Source: Tax Authority
Zoning: R2M - Multi Family Residential
Garage Spaces: 0
Carport Spaces: 6
Prkg Spcs: 12
Beds: 11
Year Built: 1978
SF-Res: 5300
Number of Units: 6
Directions and Remarks
Directions: From Minnesota West on Spenard; 1 blk S on Greenland to McKinley. Property on corner.
Multi-Family Type
5+ Units: 1
To Show
ShowingTime: 1
Building Info
Units-# of 1 BR: 1
Units- # of 2 BR: 5
Listing Terms Financing
AHFC: 1
Cash: 1
Conventional: 1
Heating
Baseboard: 1
Natural Gas: 1
Foundation Type
Unknown - BTV: 1
Wtrfrnt-Access Near
None: 1
Wtrfrnt-Frontage
None: 1
Sewer-Type
Public Sewer: 1
Mortgage Info
EM Minimum Deposit: 7000
Features-MultiFamily
Laundry Facility: 1
Sold Info
Date-Pending: 2023-11-13
Date-Closing: 2024-01-16
Location Tax and Legal
Area: 10 - Spenard
Street #: 1703
Street Name: McKinley
Arterial: Avenue
Closest USPS Town: Anchorage
State: AK
Zip Code: 99517
Property Features
Multi-Family Type: 5+ Units
Foundation Type: Unknown - BTV
Heating: Baseboard; Natural Gas
Sewer-Type: Public Sewer
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: Laundry Facility
To Show: ShowingTime
Listing Terms Financing: AHFC; Cash; Conventional

IDX
Listing Office: Real Broker Alaska

Last Updated: September - 15 - 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.