$569,900
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8 Beds
4 Baths
3,456 SqFt
SOLD DATE : 09/01/2023
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,456 sqft
Price per Sqft $164
MLS Listing ID 23-1055
Sold Date 09/01/23
Bedrooms 8
Full Baths 4
Construction Status Existing Structure
Year Built 1977
Annual Tax Amount $8,150
Lot Size 0.257 Acres
Acres 0.26
Property Sub-Type Fourplex
Source Alaska Multiple Listing Service
Property Description
Attractive 4-plex that is professionally managed. Show this 4plex to your buyers as it checks most of the boxes they are looking for.
Each unit is 2 bed, 1 bath with large south and north facing windows, washer/dryer in each unit, exterior entrances (minimal interaction w units), covered carport space for each unit w electric plug-in, extra pantry closet in living room & oversized usable lot. Significant repairs to the boiler and roof have been completed in the past week!
Walk into instant equity with this multi! Neighboring building with identical layout appraised substantially higher!
Attention owner occupant buyers and investors this is the property that you have been waiting for! This property checks nearly all of the amenities boxes with in unit washer/dryer, dedicated covered parking space for each unit, private locked storage for each unit, extra space in unit for linens/pantry storage, large windows facing north & south, plus this property sits at the end of a quiet street close to downtown and midtown.
Boiler recently serviced (and necessary code items completed) and new flooring installed. Roof ridge vent shingle and flashing work being completed in the coming weeks.
Property is right next to park and trail system on an oversized usable lot plus it is across from a senior housing complex for peace and quiet!
The owners are selling the property and a purchase must be contingent on a 1031 exchange (sellers appear to have identified a target property, BTV).
Minimum 24 hours to show! Fully occupied.
Any offers must be contingent on seller 1031 exchange identification.
Quick access to the base but off of the "main drag". If they receive orders to relocate, this property will be easy to keep as an investment (it hits most of the renter amenity boxes) or will be very easy to sell with all of the competitive perks that make this one a "cut above the rest".
Location
State AK
Area 40 - Seward Hwy To Boniface Pkwy
Zoning R3 - Multiple Family
Direction North on Seward Highway, right on 20th, left on Karluk, property is on right hand side
Interior
Heating Baseboard, Natural Gas
Exterior
Parking Features None
Roof Type Shingle,Asphalt
Topography Level
Building
Lot Description Level
Lot Size Range 0.26
Sewer Public Sewer
New Construction No
Construction Status Existing Structure
Schools
Elementary Schools Btv-Undiscl By Ll
Middle Schools Btv-Undiscl By Ll
High Schools Btv-Undiscl By Ll
Others
Tax ID 0031523200001
Acceptable Financing AHFC, Cash, Conventional, 1031 Exchange, VA Loan
Listing Terms AHFC, Cash, Conventional, 1031 Exchange, VA Loan
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