Over an 8% cap rate, turn key, low maintenance. This enormous building has a security system, doors with secure access and positive cash flow with room to improve. Five 3-bedroom 1.5 bath units and one 2-bedroom unit. Recently updated with new high traffic, commercial grade vinyl plank flooring, LED lighting throughout, heat trace on roof, and paint! Great coin-op laundry income.
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- MLS® # 20-1541
- Price $539,900
- Bedrooms 17
- Bathrooms 8.50
- Square Footage 7,360
- Acres 0.16
- Year Built 1964
- Type Multi-Family
- Sub-Type 5+ Units
- Status Active
- Features CO Detector(s), Smoke Detector(s), Handicap Accessible, Laundry Facility
- Parking Spaces 6
- Garages None
- Waterfront None
- Heating Baseboard
- Exterior Stucco
- Roof Asphalt/Comp Shingle, Composition, Shingle
- Construction Block
- Foundation Concrete Block, Unknown-BTV
- Date Listed February 5th, 2020
- Days on Market 118
- Zoning R3 - Multiple Family Residential
- Listing Office: Real Estate Brokers of Alaska
- $/SqFt $73
Price & Status History
|Price Reduced from $549,900 to $539,900|
|Price Increased from $449,900 to $549,900|
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Close to Military Facility(ies), High Residential Turnover
# 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 June 3rd, 2020 at 3:49am AKDT.
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