Opportunity Knocks With This Lucrative12 Plex! Unique Situation As This Property is Federal & State Approved & the Vendors Are AK Dept of Corrections, Mental H. Ct, Partners Re-Entry, Partners for Progress & the US Probation Off, Paid By Fed & State Funding. Units Updated, All Sep. Elec. Metered, Building is Fully Sprinklered. Gross Rents 1/1-5/31/19= $91,021.37. Mo Exp $3629.00.The Owner Gets Every Application to Approve or Not Approve the Applicant For Housing. There is No Set Contract, They Just Started This Year And This is One of the Few Federal & State Approved Facilities, So It's Likely to Continue The Relationship For a Long Time to Come!
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- MLS® # 19-9522
- Price $849,000
- Bedrooms 17
- Bathrooms 12.00
- Square Footage 7,290
- Acres 0.32
- Year Built 1955
- Type Multi-Family
- Sub-Type 5+ Units
- Status Active
- Annual Tax Amount $13,000
- Tax Year 2019
- Features CO Detector(s), DSL-Cable Available, In City Limits, Laundry Facility, Paved Driveway
- Parking Spaces 12
- Waterfront None
- Heating Baseboard
- Foundation Concrete Block
- Date Listed June 12th, 2019
- Days on Market 72
- Zoning R4 - Multiple Family Residential
- Listing Office: RE/MAX Dynamic Properties
- $/SqFt $116
Price & Status History
|Price Reduced from $875,000 to $849,000|
Close to Military Facility(ies), Close to Penitentiary, High Residential Turnover, Coastal Area
# of Homes SoldWithin the Last Year
Walk Score®Somewhat Walkable
Avg. Highs -
Avg. Lows -
PopulationBased on Nearest ZIP Code
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Listing information last updated on August 21st, 2019 at 6:49pm AKDT.
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