Cash flow with this lucrative investment opportunity in a location ideal to attract tenants desiring convenient access to shopping, work, JBER and schools. Well maintained with plenty of parking, carport cover, and long-term tenants. Each unit metered for electricity; single meters for gas and water.UPDATES New roof in 2009, new boiler in 2011, 4 bathrooms remodeled in 2011. Units #5, #4 and #1 remodeled. Exterior windows recently installed. New carpet installed throughout. New washer and dryer units. EXPENSES Gas: $4617 Electricity: $1240 (common areas, vacancies) Water/waste water: $3953 Trash: $1668 Insurance: $4515 Taxes: $8227
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- MLS® # 20-368
- Price $535,000
- Bedrooms 12
- Bathrooms 6.00
- Square Footage 6,480
- Acres 0.29
- Year Built 1970
- Type Multi-Family
- Sub-Type 5+ Units, Apartment Style
- Status Active
- Annual Tax Amount $8,227
- Tax Year 2019
- Features In City Limits, Laundry Facility, Smoke Detector(s), Tenant Storage
- Parking Spaces 18
- Garages None
- View Mountains
- Waterfront None
- Heating Baseboard
- Exterior Stucco
- Roof Bitumen/Torch Down
- Construction Wood Frame - 2x4
- Foundation Concrete Block
- Date Listed January 10th, 2020
- Days on Market 159
- Zoning R3 - Multiple Family Residential
- Listing Office: Keller Williams Realty Alaska Group of Eagle River
- $/SqFt $83
Price & Status History
|Status Changed from Coming Soon to Active||–|
Close to Military Facility(ies), Stable Population, High Residential Turnover
# of Homes SoldWithin the Last Year
Avg. Highs -
Avg. Lows -
PopulationBased on Nearest ZIP Code
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Listing information last updated on July 6th, 2020 at 3:34am AKDT.
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