1703 McKinley Avenue, Anchorage, AK 99517
$725,000
Property Type:
Multi-Family
Bedrooms:
11
Baths:
6
Square Footage:
5,300
Lot Size (sq. ft.):
12,000
Status:
Closed
Current Price:
$725,000
Last Modified:
9/15/2024
Description
Extremely well cared for investment property with great amenities at a mid 8% CAP rate! Most of the units have been remodeled in recent years and many CAP EX items have been completed, such a new boiler in 2022 and a majority of the buildings windows. One bed unit has an office and is nearly the same size at the 2 bed units. $7,300 gross monthly rents!
More Information MLS# 23-10982
Contract Info
Price-List: 725000
Date-Listing: 2023-09-05
Status: Closed
Foreclosure/Bank Own: No
Sold Info
Date-Pending: 2023-11-13
Date-Closing: 2024-01-16
Location Tax and Legal
Area: 10 - Spenard
Street #: 1703
Street Name: McKinley
Arterial: Avenue
Closest USPS Town: Anchorage
State: AK
Zip Code: 99517
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Beds: 11
Bathrooms Full: 6
Bathrooms Total: 6
Bldgs-Ttl #: 1
Year Built: 1978
SF-Res: 5300
Number of Units: 6
SF-Lot: 12000
Acres: 0.28
Carport Spaces: 6
Prkg Spcs: 12
Lot Area Source: Tax Authority
Zoning: R2M - Multi Family Residential
Directions and Remarks
Directions: From Minnesota West on Spenard; 1 blk S on Greenland to McKinley. Property on corner.
Building Info
Units-# of 1 BR: 1
Units- # of 2 BR: 5
Mortgage Info
EM Minimum Deposit: 7000
Property Features
Multi-Family Type: Multi Family
Foundation Type: Unknown - BTV
Heating: Baseboard; Natural Gas
Sewer-Type: Public Sewer
Water Source: Public
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: Laundry Facility
To Show: ShowingTime
Listing Terms Financing: AHFC; Cash; Conventional
Documents
Property Disclosure Waiver ›Listing Office: Real Broker Alaska
Last Updated: September - 15 - 2024
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.
