$750,000
17119 Coronado Road
Eagle River, AK 99577
MLS# 24-2149
Status: Closed
12 beds  |  8 baths  |  5280 sqft
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Property Description
Introducing an unparalleled investment opportunity: a rare 4-plex situated in the heart of Eagle River, a location marked by its scarcity of multi-family units and historically low vacancy factor. This property not only stands out for its rarity but also offers a compelling value proposition for investors keen on tapping into a high-demand area. With an average rental rate of $1,765 per un

Details
Maps
Contract Info
Foreclosure/Bank Own: No
Price-List: 750000
Date-Listing: 2024-03-05
Status: Closed
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Grid # (Muni Anch): NW0152
Tax Map #-Mat-Su: N/A
Legal: Walter G Pippel L8B B10
School-Elementary: Eagle River
School-Middle: Gruening
School-High: Eagle River
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Bathrooms Full: 8
Bathrooms Total: 8
Bldgs-Ttl #: 1
Acres: 0.15
SF-Lot: 6521
Lot Area Source: Tax Authority
Year Updated: 2023
Zoning: CE-RO Residential Office
Garage Spaces: 0
Carport Spaces: 0
Prkg Spcs: 8
Beds: 12
Year Built: 1984
SF-Res: 5280
Number of Units: 4
Directions and Remarks
Directions: Head north on Old Glenn Highway. Take a left onto Coronado Road. 4plex is located on the left.
Multi-Family Type
Four-Plex: 1
To Show
ShowingTime: 1
Building Info
Units-# of 3 BR: 4
Exterior Finish
Wood: 1
Heating
Radiant: 1
Roof Type
Shingle: 1
Construction Type
Wood Frame: 1
Foundation Type
Block: 1
Wtrfrnt-Access Near
None: 1
Garage Type
None: 1
Wtrfrnt-Frontage
None: 1
Sewer-Type
Public Sewer: 1
Features-MultiFamily
Washer/Dryer: 1
Sold Info
Date-Pending: 2024-03-11
Date-Closing: 2024-04-17
Location Tax and Legal
Area: 90 - Eagle River
Street #: 17119
Street Name: Coronado
Arterial: Road
Closest USPS Town: Eagle River
State: AK
Zip Code: 99577
Property Features
Multi-Family Type: Four-Plex
Exterior Finish: Wood
Roof Type: Shingle
Foundation Type: Block
Construction Type: Wood Frame
Garage Type: None
Heating: Radiant
Sewer-Type: Public Sewer
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: Washer/Dryer
To Show: ShowingTime
Supplements
it. Each unit, featuring three bedrooms and 2 baths and an exclusive washer and dryer in each unit, ensuring high tenant satisfaction and retention. This 4-plex is not just a real estate asset; it represents a scarce investment in a prime location with a strong income stream, low vacancy risk, and high tenant appeal. It's an exceptional addition to any investment portfolio, offering a solid blend of income stability and growth potential in Eagle River's thriving rental market. Capitalize on this unique opportunity to invest in a property that promises both immediate returns and long-term value appreciation.
IDX
Listing Office: Cornerstone Realty

Last Updated: September - 16 - 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.

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