Immediate cash flow with this purchase of two apartment buildings with 12 units each, currently 22 of 24 total units are leased. 2 one bed units, 18 two bedroom units, and 4 three bedroom units. Seller has improved and upgraded property since ownership including new roof in. Situated in Midtown the seller is motivated to retire. Great for 1031 Exchange or as a part of an investor portfolio.
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- MLS® # 19-12445
- Price $1,200,000
- Square Footage 10,903
- Acres 0.62
- Year Built 1961
- Type Commercial Property
- Style Single Use
- Status Active
- Features In City Limits
- View City Lights
- Heating Baseboard
- Exterior Masonry, Vinyl
- Roof PVC Membrane
- Construction Block, Wood Frame - 2x4, Wood Frame - 2x6
- Foundation Concrete Block, Poured Concrete
- Date Listed July 24th, 2019
- Days on Market 31
- Zoning R3 - Multiple Family Residential
- Listing Office: Keller Williams Realty Alaska Group - RMG
- $/SqFt $110
Close to Military Facility(ies), Stable Population, High Residential Turnover, Close Proximity to Sea/Ocean
# of Homes SoldWithin the Last Year
Walk Score®Very Walkable
Avg. Highs -
Avg. Lows -
PopulationBased on Nearest ZIP Code
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Listing information last updated on August 23rd, 2019 at 11:19pm AKDT.
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