$589,000
Anchorage, AK 99508
MLS# 24-6425
Status: Closed
6 beds | 6 baths | 4128 sqft
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Property Description
Ready for new owners, this well maintained and turnkey cash flowing investment property has undergone extensive rehab with tens of thousands in fresh unit updates. Carefully screened tenant placement with adjusted market rate rents allow this property to bring in around $7,500/mo earning over $1,000/moo after expenses. This ~9.5% cap rate is what you're looking for to boost your portfolio!
Details
Maps
Documents
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: 0.25
SF-Lot: 10890
Lot Area Source: Tax Authority
Year Updated: 2024
Zoning: R4 - Multiple Family Residential
Garage Spaces: 0
Carport Spaces: 0
Prkg Spcs: 14
Beds: 6
Year Built: 1969
SF-Res: 4128
Number of Units: 6
Contract Info
Foreclosure/Bank Own: No
Price-List: 589000
Date-Listing: 2024-06-02
Status: Closed
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Grid # (Muni Anch): SW1336
Tax Map #-Mat-Su: N/A
Legal: Australaska L3 B1
Taxes (Estimated): 6332
School-Elementary: BTV-Undiscl by LL
School-Middle: BTV-Undiscl by LL
School-High: BTV-Undiscl by LL
Directions and Remarks
Directions: From Debarr, N on Bragaw, E on 9th to property on right.
Multi-Family Type
Multi Family: 1
Building Info
Units-# of 1 BR: 6
Exterior Finish
Wood: 1
Heating
Baseboard: 1
Topography
Level: 1
Roof Type
Unknown - BTV: 1
Foundation Type
Unknown - BTV: 1
Wtrfrnt-Access Near
None: 1
Wtrfrnt-Frontage
None: 1
Sewer-Type
Public Sewer: 1
Water Source
Public: 1
Access Type
Paved: 1
Maintained: 1
Features-MultiFamily
CO Detector(s): 1
In City Limits: 1
Laundry Facility: 1
Shed: 1
Tenant Storage: 1
Washer/Dryer: 1
Paved Driveway: 1
Income & Expenses
Exp-Elec/Yr Avg: 1335
Exp-Gas/Yr Avg: 4200
Exp-Insurance/Yr Avg: 3500
Exp-Maint/Yr Avg: 3000
Exp-Refuse/Yr Avg: 2218
Exp-Snow/Yard/Yr Avg: 1500
Exp-Wtr/Swr/Yr Avg: 3400
Income-Misc/Mo: 300
Income-Rent Mo Total: 7095
Sold Info
Date-Pending: 2024-10-31
Date-Closing: 2025-01-29
Location Tax and Legal
Area: 40 - Seward Hwy to Boniface Pkwy
Street #: 3932
Directional: E
Street Name: 9th
Arterial: Avenue
Closest USPS Town: Anchorage
State: AK
Zip Code: 99508
Property Features
Multi-Family Type: Multi Family
Exterior Finish: Wood
Roof Type: Unknown - BTV
Foundation Type: Unknown - BTV
Heating: Baseboard
Sewer-Type: Public Sewer
Water Source: Public
Access Type: Paved; Maintained
Topography: Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: CO Detector(s); In City Limits; Laundry Facility; Shed; Tenant Storage; Washer/Dryer; Paved Driveway
SOA Property Transfer Disclosure Waiver 
IDX
Listing Office: Alaska Realty & Investments
Last Updated: January - 29 - 2025
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.