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

118 W 12th Avenue, Anchorage, AK 99501

$870,000

Virtual Tour

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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

Overview

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 stora ... (Read more)

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Listing Details MLS# 23-10626

Contract Info

Price-List: 870000
Date-Listing: 2023-08-26
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 #: Yes
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
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Garage Spaces: 0
Carport Spaces: 0

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: Yes

More Information

Mortgage Info

EM Minimum Deposit: 10000

Location, Tax and Legal

Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Grid # (Muni Anch): SW1330
Tax Map #-Mat-Su: N/A
Legal: Third Addn (CLEAVER) L3 B14C
School-Elementary: BTV-Undiscl by LL
School-Middle: BTV-Undiscl by LL
School-High: BTV-Undiscl by LL

Multi-Family Type

Apartment Style: Yes
Quadruplex: Yes

Listing Terms Financing

Cash: Yes
Conventional: Yes

Exterior Finish

Wood: Yes

Heating

Baseboard: Yes
Natural Gas: Yes

Topography

Level: Yes

Roof Type

Asphalt: Yes
Shingle: Yes

Construction Type

Wood Frame: Yes

Foundation Type

Unknown - BTV: Yes

Wtrfrnt-Access Near

None: Yes

Garage Type

None: Yes

Wtrfrnt-Frontage

None: Yes

Carport Type

None: Yes

Sewer-Type

Public Sewer: Yes

Water Source

Public: Yes

Access Type

Maintained: Yes

Features-MultiFamily

CO Detector(s): Yes
In City Limits: Yes
Laundry Facility: Yes
Smoke Detector(s): Yes
Washer/Dryer: Yes
Washer/Dryer HkUp: Yes
Paved Driveway: Yes

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 ›

IDX

Listing Office: Real Estate Brokers of Alaska

Last Updated: September - 02 - 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.