One of a kind 4-plex with deluxe 1800+ sf owner's unit is a must see. 3 townhouse style rental units are staggered to limit common walls. Each have 1.5 baths, deck, W/D, woodstove & GHWBB boiler. Owner's unit has 3/4 mstr. bath + 1.5 baths, 2 decks (one w/gas), new s/s appliances, hardwood staircase, oversized single gar. w/sink, & RV parking. Both bedrooms are spacious with walk-in closets. Original owner bought two properties and merged the lots to make the larger footprint to build the large layout.
The owners unit is 1,883 sq. feet and has two spacious bedrooms with deep walk-in closets and an open style living room with a dining area. Master bedroom has two walk-in closets (his & hers) as well as a large bathroom with a walk-in shower. Kitchen has an island and is furnished with stainless steel appliances in great condition.
The unit comes with brand-new washer and dryer, lots of built-in storage, an attached single-car garage with a work bench, and plenty of private parking space next to the unit.
There are two large private decks: upstairs and downstairs. Upstairs deck is accessible through the master bedroom. On the lower level, french doors lead to the back patio which includes a gas hook-up for a grill and is located in a secluded fenced-in backyard with a private outside entry.
Three units are fully remodeled, two-story townhouse in a quiet neighborhood in Turnagain area. Located 3 blocks away from Northern Lights Blvd and a 5-min drive away from Midtown shopping malls and Westchester Lagoon. The townhouse has a private entry and no shared walls and comes with a large private deck with a gas hook-up.
The three other units are 1,200 sq. feet with 2 large bedrooms (14x12 and 12x12) and 1 & 1/2 baths. Both bedrooms include deep walk-in closets. Downstairs features a large walk-in entry closet and extra storage space with shelving. The units have a working vintage fireplace as well as outside secure storage next to the main entrance which can be used for bikes or other sporting goods. French doors lead to a large back deck and a fenced yard.
Tenants pay gas & electric. Owner pays AWWU, trash, & lawn maintenance/plowing. Bills are roughly $350-$400 a month.
I checked with my fha loan provider and my loan is assumable. 3.25 % apr! A little over 23 years remaining on loan, payments are roughly $3,900 with MIP, once removed $3,400! Currently cash flowing $1,700 a month that will increase to $2,200 once MIP removed this next year. Takes 90 days to process, 2500 in closing, no appraisal required. Move into the owners unit and live for free! Rents from the other three units will cover the mortgage. Currently renting out all four units for $5,900 gross a month. Still has room for rental increases (haven't raised the rents in three years).
Off market
$863,400
3303 Oregon Dr, Anchorage, AK 99517
8beds
5,300sqft
MultiFamily
Built in 1983
-- sqft lot
$863,400 Zestimate®
$163/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Baseboard, Stove, Gas
Appliances
- Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Carpet, Hardwood, Laminate
- Basement: None
- Has fireplace: No
Interior area
- Total interior livable area: 5,300 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Wood
Lot
- Size: 0.32 Acres
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Shake / Shingle
Condition
- Year built: 1983
Community & neighborhood
Location
- Region: Anchorage
Services availability

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