Many upgrades over the past 3 years including several remodeled units. Loads of extra parking, rear lot likely has room to add carports/garages (BTV). Adding 8 carport rentals at $35 per stall yields a 9% cap rate! 7 out of 8 units pay own electric utility (electric heat). Proforma in docs tab. Mixture of 1 eff, 6-1 beds (extra large) and HUGE 2 bed unit.
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- MLS® # 18-8433
- Price $585,000
- Bedrooms 8
- Bathrooms 8.00
- Square Footage 5,724
- Acres 0.26
- Year Built 1976
- Type Multi-Family
- Sub-Type 5+ Units, Apartment Style, Up and Down
- Status Active
- Annual Tax Amount $7,573
- Tax Year 2018
- Features In City Limits, Laundry Facility, Smoke Detector(s)
- Parking Spaces 12
- Garages None
- Waterfront None
- Heating Baseboard
- Roof Bitumen/Torch Down
- Foundation Concrete Block
- Date Listed May 23rd, 2018
- Days on Market 384
- Zoning R3 - Multiple Family Residential
- Listing Office: Buyers Real Estate, LLC
- $/SqFt $102
Price & Status History
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|Status Changed from Active to Expired||–|
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Close to Military Facility(ies), High Residential Turnover, Coastal Area
# of Homes SoldWithin the Last Year
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PopulationBased on Nearest ZIP Code
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Listing information last updated on June 19th, 2019 at 7:34am AKDT.
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