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Key Details
Sold Price $589,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,128 sqft
Price per Sqft $142
MLS Listing ID 24-6425
Bedrooms 6
Full Baths 6
Year Built 1969
Annual Tax Amount $6,332
Lot Size 10,890 Sqft
Property Description
Ready for new owners, this well maintained and turnkey cash flowing investment property has undergone extensive rehab with tens of thousands in fresh unit updates. Carefully screened tenant placement with adjusted market rate rents allow this property to bring in around $7,500/mo earning over $1,000/moo after expenses. This ~9.5% cap rate is what you're looking for to boost your portfolio!
Location
State AK
Area 40 - Seward Hwy To Boniface Pkwy
Zoning R4 - Multiple Family Residential
Building
Lot Description Level
Sewer Public Sewer
New Construction No
Schools
Elementary Schools Btv-Undiscl By Ll
Middle Schools Btv-Undiscl By Ll
High Schools Btv-Undiscl By Ll
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