This 30 unit investment property has been almost completely updated and has very little deferred maintenance left. Paired with strong occupancy rates and an assumable 5.25% interest loan that has very little loan fees, this property actually cash flows! The owner had converted 6 of the 20 units that were electric heat into gas and that has significantly reduced utility costs. Projected 12.85% ROI!
Off market
$2,310,400
3424 Thompson Ave, Anchorage, AK 99508
58beds
30baths
22,932sqft
MultiFamily
Built in 1975
-- sqft lot
$2,310,400 Zestimate®
$101/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 58
- Bathrooms: 30
Heating
- Baseboard, Electric, Gas
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
Interior area
- Total interior livable area: 22,932 sqft
Property
Parking
- Parking features: Carport, Garage - Attached
Features
- Exterior features: Wood
Lot
- Size: 0.73 Acres
- Land development status: Existing Structure
Details
- Parcel number: 0040355700001
- Zoning: R3
- Zoning description: Multiple Family Residential
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1975
Utilities & green energy
- Water: Public
Community & neighborhood
Location
- Region: Anchorage
Other
Other facts
- DevelopmentStatus: Existing Structure
- LotSizeUnits: Square Feet
- WaterSource: Public
- Roof: Rolled/Hot Mop, Unknown-BTV
- Zoning: R3
- ZoningDescription: Multiple Family Residential
- MapCoordinate: SW1135
- BuildingFeatures: Laundry Facility
- PropertyType: D
- ConstructionMaterials: Frame,Unknown,Unknown
- StructureType: Wood Frame