Pride of ownership! Long time owner, professionally managed Fairview 6plex. Locked, clean entryway. Addtl storage lockers for tenants. Large units, with fresh paint and carpet. Gross rents total $5,370. Tenants pay own electric. Investor could cut heat in 1/2 by building in the cost of an efficient heating system. Ample parking for tenants. Cap rate based @ current rents is 8.5% (proforma in docs)
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- MLS® # 19-3114
- Price $409,000
- Bedrooms 10
- Bathrooms 6.00
- Square Footage 5,904
- Acres 0.16
- Year Built 1975
- Type Multi-Family
- Sub-Type 5+ Units
- Status Active
- Annual Tax Amount $7,161
- Tax Year 2018
- Features CO Detector(s), In City Limits, Laundry Facility, Smoke Detector(s), Tenant Storage
- Parking Spaces 8
- Waterfront None
- Heating Baseboard
- Roof Asphalt/Comp Shingle
- Foundation Concrete Block
- Date Listed March 7th, 2019
- Days on Market 104
- Zoning R4 - Multiple Family Residential
- Listing Office: Buyers Real Estate, LLC
- $/SqFt $69
Price & Status History
|Price Reduced from $429,000 to $409,000|
|Price Reduced from $449,900 to $429,000|
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Close to Military Facility(ies), Close to Penitentiary, High Residential Turnover, Coastal Area
# of Homes SoldWithin the Last Year
Avg. Highs -
Avg. Lows -
PopulationBased on Nearest ZIP Code
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Listing information last updated on June 19th, 2019 at 1:19pm AKDT.
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