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3925 E 9th Avenue, Anchorage, Alaska

$539,900 REDUCED 2%
  • $539,900
  • 17
  • 7,360
  • .16
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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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Essential Information

  • 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

Community Information

  • Address 3925 E 9th Avenue
  • Area 40 - Seward Hwy to Boniface Pkwy
  • Subdivision Vanover L22 B7
  • City Anchorage
  • State Alaska
  • Zip Code 99504

Amenities

  • Features CO Detector(s), Smoke Detector(s), Handicap Accessible, Laundry Facility
  • Parking Spaces 6
  • Garages None
  • Waterfront None

Interior

  • Heating Baseboard

Exterior

  • Exterior Stucco
  • Roof Asphalt/Comp Shingle, Composition, Shingle
  • Construction Block
  • Foundation Concrete Block, Unknown-BTV

School Information

Additional Information

  • Date Listed February 5th, 2020
  • Days on Market 118
  • Zoning R3 - Multiple Family Residential

Listing Details

  • Listing Office: Real Estate Brokers of Alaska

Financials

  • $/SqFt $73

Price & Status History

Date Details
Price Reduced from $549,900 to $539,900
Price Increased from $449,900 to $549,900
Register Now to Unlock More Listing History

Neighborhood Information

Close to Military Facility(ies), High Residential Turnover

  • Icon of money $315,000

    Median Price

  • Icon of a grid layout $161

    Median Price/Sqft

  • Icon of a bar graph 99.32%

    Sale/List Ratio

  • Icon of a house 350

    # of Homes SoldWithin the Last Year

  • Icon of a person walking 69/100

    Walk Score®Somewhat Walkable

  • 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 41,650

    PopulationBased on Nearest ZIP Code

  • Icon of a person 32

    Median Age

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Listing information last updated on June 3rd, 2020 at 3:49am AKDT.