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1227 E 11th Avenue, Anchorage, Alaska

$445,000
  • $445,000
  • 7
  • 7
  • 3,640
  • .16
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Well maintained 7 unit rowhouse in quiet corner of Fairview. Faces new, contemporary architecture Cook Inlet Housing 7 plex, Stable, quiet, mature tenants. Four have been there for four or more years. Very rentable units. One short block south to Fairview Park, one short block north to Anchorage Neighborhood Health. 9% cap rate, $1252 per mo income, or 16.9% return on $89K down payment.

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Essential Information

  • MLS® # 19-4506
  • Price $445,000
  • Bedrooms 7
  • Bathrooms 7.00
  • Square Footage 3,640
  • Acres 0.16
  • Year Built 1958
  • Type Multi-Family
  • Sub-Type 5+ Units, Side by Side
  • Status Active
  • Annual Tax Amount $6,316
  • Tax Year 2018

Community Information

  • Address 1227 E 11th Avenue
  • Area 40 - Seward Hwy to Boniface Pkwy
  • Subdivision Third Addn L10 B3C
  • City Anchorage
  • State Alaska
  • Zip Code 99501

Amenities

  • Features DSL-Cable Available, Laundry Facility, Paved Driveway
  • Parking Spaces 8
  • Garages None
  • Waterfront None

Interior

  • Heating Baseboard

Exterior

  • Exterior Stucco
  • Roof Bitumen/Torch Down
  • Construction Wood Frame - 2x4
  • Foundation Concrete Block

School Information

Additional Information

  • Date Listed March 30th, 2019
  • Days on Market 22
  • Zoning R3 - Multiple Family Residential

Listing Details

  • Listing Office: Buyers Real Estate, LLC

Financials

  • $/SqFt $122

Neighborhood Information

Close to Military Facility(ies), Close to Penitentiary, High Residential Turnover, Coastal Area

  • Icon of money $169,900

    Median Price

  • Icon of a grid layout $110

    Median Price/Sqft

  • Icon of a bar graph 99.70%

    Sale/List Ratio

  • Icon of a house 58

    # of Homes SoldWithin the Last Year

  • Icon of a person walking 43/100

    Walk Score®Car-Dependent

  • Icon of a raincloud 15.29″

    Annual Precipitation

  • Icon of a sun 20.80°F /65.10°F

    Avg. Highs -
    Jan/July

  • Icon of a cloud and moon 7.10°F /52.30°F

    Avg. Lows -
    Jan/July

  • Icon of a group of people 18,246

    PopulationBased on Nearest ZIP Code

  • Icon of a person 34

    Median Age

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Listing information last updated on April 21st, 2019 at 4:49pm AKDT.