Excellent investment, cash cow. Cap rate at 8.8%! NOI=$91,000.00Large units with commanding views of Midtown. Individual decks and private heated storage. Newer roofs and boilers. Most units remodeled in past 5 years. Perfect for your 1031.
Off market
$1,543,000
420/440 E 15th Ave, Anchorage, AK 99501
28beds
12baths
12,000sqft
MultiFamily
Built in 1964
-- sqft lot
$1,543,000 Zestimate®
$129/sqft
$1,605 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 28
- Bathrooms: 12
Heating
- Baseboard
Interior area
- Total interior livable area: 12,000 sqft
Property
Features
- Exterior features: Stucco
- Has view: Yes
- View description: City
Lot
- Size: 0.34 Acres
- Topography: Sloping
Details
- Parcel number: 0021635800001
- Zoning: R4 - Multiple Family Residential
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: PVC Membrane
Condition
- Year built: 1964
Community & neighborhood
Community
- Community features: On Site Laundry Available
Location
- Region: Anchorage
Other
Other facts
- Features-MultiFamily: CO Detector(s), In City Limits, Smoke Detector(s), Tenant Storage, Paved Driveway
- Sewer-Type: Public
- Water-Type: Public
- Fuel Type: Natural Gas
- Borough/Census Area: 1A - Anchorage Municipality
- Arterial: Avenue
- Zoning: R4 - Multiple Family Residential
- Construction Status: Existing Structure
- New Finance (Terms): Conventional, Exchange
- Multi-Family Type: 5+ Units
- Foundation Type: Poured Concrete
- View Type: Unobstructed
- Topography: Sloping
- Construction Type: Wood Frame - 2x4
- Roof Type: PVC Membrane
- Grid # (Muni Anch): SW1431
Services availability

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