Opportunity zone multifamily property that qualifies for at least 10 years of tax exemptions! 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® # 19-13540
- Price $1,200,000
- Bedrooms 50
- Bathrooms 28.00
- Square Footage 10,903
- Acres 0.62
- Year Built 1961
- Type Multi-Family
- Sub-Type Apartment Style, 5+ Units
- Status Active
- Features In City Limits
- Parking Spaces 48
- Waterfront None
- Heating Baseboard
- Exterior Vinyl, Masonry
- Roof PVC Membrane
- Construction Block, Wood Frame - 2x4, Wood Frame - 2x6
- Foundation Concrete Block, Poured Concrete
- Date Listed August 7th, 2019
- Days on Market 16
- 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 10:34pm AKDT.
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