118 W 12th Avenue, Anchorage, AK 99501

$870,000

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Virtual Tour

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Property Type: Multi-Family Bedrooms: 9 Baths: 4 Square Footage: 4,320 Lot Size (sq. ft.): 7,000 Status: Closed

Current Price: $870,000 Last Modified: 9/02/2024

Description

Rare opportunity to own a one-of-a kind income property! This downtown 4plex is operated as a Super-hosted, 5star Airbnb & Corp rental, including a long-term corporate tenant in the owner's unit. This business model greatly reduces the normal wear and tear that owners can have. Tenants love the proximity of downtown Anchorage. It's close to shopping, schools, coastal trail & parks

Supplements: The pride of ownership shows in this downtown gem. It's a unique property that has had a complete remodel, including kitchens, bathrooms, flooring, exterior siding, roof, windows boiler and water heater. Inside you will find a thoughtfully designed and decorated 4-unit property. The upstairs consists of one 2bed/office/1bath unit with its own storage room; and one 2bed/1bath unit. There are glimpses of mountains from the upper spaces. Downstairs you will find two additional 2bed/1bath units, a housekeeping closet and a large utility room complete with laundry facilities. Outside, the grounds include manicured shrubs, container flowers, large off-street parking, privacy fence and a lovely green belt buffer from the nearest city street. There are two bonus storage buildings in the back of the property as well.

More Information MLS# 23-10626

Contract Info

Price-List: 870000 Date-Listing: 2023-08-26 Status: Closed Foreclosure/Bank Own: No

Sold Info

Date-Pending: 2023-10-07 Date-Closing: 2023-11-14

Location Tax and Legal

Area: 5 - Downtown Anchorage Street #: 118 Directional: W Street Name: 12th Arterial: Avenue Closest USPS Town: Anchorage State: AK Zip Code: 99501

Property Info

Realtor.com Type: Multi-Family Construction Status: Existing Structure Beds: 9 Bathrooms Full: 4 Bathrooms Total: 4 Bldgs-Ttl #: 1 Year Built: 1973 SF-Res: 4320 Number of Units: 4 SF-Lot: 7000 Acres: 0.16 Prkg Spcs: 8 Lot Area Source: Tax Authority Zoning: R3 - Multiple Family Residential

Directions and Remarks

Directions: From C Street, East on W 12th Avenue. Last property on your Right .

Building Info

Units- # of 2 BR: 3 Units-# of 3 BR: 1

Mortgage Info

EM Minimum Deposit: 10000

Property Features

Multi-Family Type: Apartment Style; Quadruplex Exterior Finish: Wood Roof Type: Asphalt; Shingle Foundation Type: Unknown - BTV Construction Type: Wood Frame Garage Type: None Carport Type: None Heating: Baseboard; Natural Gas Sewer-Type: Public Sewer Water Source: Public Access Type: Maintained Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: CO Detector(s); In City Limits; Laundry Facility; Smoke Detector(s); Washer/Dryer; Washer/Dryer HkUp; Paved Driveway Listing Terms Financing: Cash; Conventional

Documents

LBP ›

Listing Office: Real Estate Brokers of Alaska

Last Updated: September - 02 - 2024

118 W 12th Avenue, Anchorage, AK 99501- MLS# 23-10626

The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.