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Key Details
Sold Price $625,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,796 sqft
Price per Sqft $164
MLS Listing ID 26-2764
Bedrooms 9
Full Baths 4
Year Built 1984
Annual Tax Amount $8,200
Lot Size 7,000 Sqft
Property Sub-Type Fourplex
Property Description
Great investment opportunity in this well maintained 4-plex, featuring three 2 bd/1 bt units and one 3 bd/, 1 bt unit. New boiler 2025. Conveniently located in a central neighborhood with quick access to shopping centers, public transportation, and major highways, this property attracts tenants. Each unit is well maintained and cared for. Two off-street parking spaces per unit. Whether you're a seasoned investor or new to multifamily real estate, this property presents a solid blend of stable cash flow and growth potential. Historically strong occupancy rates reinforce the building's excellent rental performance, while the central location appeals to a broad tenant base. There is also room to increase returns over time with modest cosmetic upgrades. Don't miss the chance to own a low-maintenance, income-generating asset in a prime spot.
Location
State AK
Area 40 - Seward Hwy To Boniface Pkwy
Zoning R3 - Multiple Family Residential
Interior
Heating Baseboard, Natural Gas
Flooring Luxury Vinyl
Exterior
Parking Features None
Waterfront Description None
Roof Type Composition,Shingle,Asphalt
Building
Lot Description Level
Foundation Block
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Fairview
Middle Schools Central
High Schools West Anchorage
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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The Mary Cox Real Estate Team
Broker Associate | License ID: AK11792
Broker Associate License ID: AK11792



