16425 Farm Avenue, Eagle River, AK 99577

$3,040,000
Property Type: Multi-Family Bedrooms: 30 Baths: 20 Square Footage: 12,615 Lot Size (sq. ft.): 24,360 Status: Closed
Current Price: $3,040,000 Last Modified: 10/09/2024

Description

Rare opportunity to own a brand new 15 unit multi-family in downtown Eagle River. Each unit has 2 bedrooms, 1 full bath with in-unit laundry. 5 top floor units all have vaulted ceilings and an extra half bath! Solid wood cabinets, stainless steel appliances, solid surface counter tops and LVP floors throughout. In-floor radiant heat and vinyl siding makes these units almost maintenance free!

More Information MLS# 23-13404

Contract Info

Price-List: 3040000 Date-Listing: 2023-11-08 Status: Closed Foreclosure/Bank Own: No

Sold Info

Date-Pending: 2023-11-08 Date-Closing: 2024-10-08

Location Tax and Legal

Area: 90 - Eagle River Street #: 16425 Street Name: Farm Arterial: Avenue Closest USPS Town: Eagle River State: AK Zip Code: 99577

Property Info

Realtor.com Type: Multi-Family Construction Status: Under Construction Gen Contr/Owner Bldr: General Contractor Beds: 30 Bathrooms Half: 5 Bathrooms Full: 15 Bathrooms Total: 20 Bldgs-Ttl #: 1 Year Built: 2024 SF-Res: 12615 Number of Units: 15 SF-Lot: 24360 Acres: 0.56 Prkg Spcs: 30 Lot Area Source: Tax Authority Zoning: CE-R-3 Multifamily Residential

Directions and Remarks

Directions: Old Glenn, east on Farm Ave, property on the right

General Contractor

Contractor/Bldr Name: Byler Contracting Contractor License #: 16384 Res Const Endorse #: RESR1642

Building Info

Builder Name & Co: Byler Contracting Units- # of 2 BR: 15

Mortgage Info

EM Minimum Deposit: 50000

Property Features

Multi-Family Type: Up and Down; Multi Family; Other - See Remarks Exterior Finish: Vinyl Roof Type: Asphalt; Composition; Shingle Foundation Type: Block; Poured Concrete Construction Type: Wood Frame - 2x6 Garage Type: None Carport Type: None Heating: Natural Gas; Radiant; Radiant Floor Sewer-Type: Public Sewer Water Source: Public Access Type: Dedicated Road; Paved; Maintained View Type: Mountains; Territorial Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: CO Detector(s); DSL-Cable Available; In City Limits; Smoke Detector(s); Vaulted Ceiling(s); Washer/Dryer; Washer/Dryer HkUp; Paved Driveway Flooring: Carpet; Luxury Vinyl Listing Terms Financing: Cash; Conventional
Listing Office: RE/MAX Dynamic Properties - Eagle River Branch
Last Updated: October - 09 - 2024
16425 Farm Avenue, Eagle River, AK 99577- MLS# 23-13404
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