1308 Karluk Street, Anchorage, AK 99501

$995,000
Property Type: Multi-Family Bedrooms: 8 Baths: 5 Square Footage: 6,427 Lot Size (sq. ft.): 7,000 Status: Closed
Current Price: $995,000 Last Modified: 2/03/2025

Description

10% Cap Rate @ $1.1M. STR Dream! Two Five Star top floor fully furnished turn-key STRs. A unique unicorn 4-Plex, the 5th largest of its kind sold in Anchorage! Fully remodeled in 2023, this property features a 2000 sq. ft. finished basement that could serve as a potential 5th unit (with window egress), additional tenant storage, and a spacious rec room with a kitchen.

Supplements: Walking distance to town, shopping and neighborhood parks to include the iconic Chester creek trail. 2023-2024 Upgrades: All New Lighting, All New Stainless Appliances, Carpeted Flooring, LVP, Baseboards/Trim, 4 Bathrooms Fully Remodeled, Fenced Yard With Landscaping (RARE FIND IN ANC), Quartz Countertops, Security Cameras (5), Exterior LED Lighting, Interior Doors Replaced, Fresh Paint, Tiled Kitchen Backsplash, Stairwell Carpets, Two New Furnaces 2023, Laundry Room Remodel, All Keyless Entry, Mailboxes Re-Keyed

More Information MLS# 24-10582

Contract Info

Price-List: 995000 Date-Listing: 2024-08-17 Status: Closed Foreclosure/Bank Own: No

Sold Info

Date-Pending: 2024-12-15 Date-Closing: 2025-02-03

Location Tax and Legal

Area: 5 - Downtown Anchorage Street #: 1308 Street Name: Karluk Arterial: Street Closest USPS Town: Anchorage State: AK Zip Code: 99501

Property Info

Realtor.com Type: Multi-Family Construction Status: Existing Structure Beds: 8 Bathrooms Full: 5 Bathrooms Total: 5 Bldgs-Ttl #: 1 Year Built: 1983 Year Remodeled: 2023 Year Updated: 2023 SF-Res: 6427 Number of Units: 4 SF-Lot: 7000 Acres: 0.16 Prkg Spcs: 6 Lot Area Source: As Built Zoning: R3 - Multiple Family Residential

Directions and Remarks

Directions: North on Seward Highway, right on 15th, left to Karluk, property on left side

Building Info

Units- # of 2 BR: 4

Mortgage Info

EM Minimum Deposit: 10000

Unit #1

Bath - Full: 1 Bedroom: 2 Dining Room: 1 Kitchen: 1 Living Room: 1 Parking Spaces: 1

Unit #2

Bath - Full: 1 Bedroom: 2 Dining Room: 1 Kitchen: 1 Living Room: 1 Parking Spaces: 1

Unit #3

Bath - Full: 2 Bedroom: 2 Dining Room: 1 Kitchen: 1 Living Room: 1 Extra Room: 3 Parking Spaces: 1

Unit #4

Bath - Full: 1 Bedroom: 2 Dining Room: 1 Kitchen: 1 Living Room: 1 Parking Spaces: 1

Unit #5

Kitchen: 1 Extra Room: 1

Property Features

Multi-Family Type: Quadruplex Exterior Finish: Vinyl Roof Type: Asphalt; Shingle Foundation Type: Unknown - BTV Garage Type: None Carport Type: None Heating: Forced Air; Natural Gas Sewer-Type: Public Sewer Water Source: Public Access Type: Gravel; Paved Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: CO Detector(s); In City Limits; Inground Sprnklr Sys; Owner Occupied; Smoke Detector(s); Tenant Storage; Vaulted Ceiling(s); Washer/Dryer; Washer/Dryer HkUp Flooring: Carpet; Laminate; Linoleum; Luxury Vinyl Docs Avl for Review: As-Built; Docs Posted on MLS; Floor Plan; Prop Discl Available Listing Terms Financing: Cash; Conventional; FHA; VA Loan
Listing Office: Real Broker Alaska
Last Updated: February - 03 - 2025
1308 Karluk Street, Anchorage, AK 99501- MLS# 24-10582
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.