12306 Lake St, Eagle River, AK 99577

Well maintained large townhouse-style multi-family 4-Plex close to JBER (6 miles) in the heart of Eagle River. All units are 1125 sf with large 2 BR, 1.5 BA. All appliances were upgraded to Whirlpool including W/Ds in 2015. All boilers and windows were upgraded to high efficiency in 2013-2014. Roof and building electrical power box replaced in 2016. Water heaters replaced 2016/2017. Three of the units were painted and re-carpeted in 2017. One unit re-carpeted in 2018. New vent fans and associated roof vents, 2018. Off street reserved parking with unit-specific plug-ins for block heaters. Quiet neighborhood with a large court yard in the front and a daycare next door. Located in the sweet spot of town; no road noise and city park on either side. All units are under annual leases, very easy to rent. rents total $5160/month, $61,920/year. Tenants pay gas & elec. and we pick up the water/sewer/refuse which averages $250-275/month. Great opportunity for investor, this is one of the best residential income properties on the market.