840 W 20th Ave, Anchorage, AK 99503

Property is approximately 3,257 sq ft. Walk to Westchester Lagoon, Chester Creek, Valley of the Moon Park, or just relax in your outdoor hot tub while tenants pay the mortgage. A $495,000 loan, with a 20% down payment, over 30 years @ 3.7% results in a $1,822 payment - $1,600 rental income = $722 out of pocket + tax + insurance! Owner's unit on corner lot enjoys huge picture windows with views of Susitna and 2 outdoor decks, one with a hot tub. Unique home design features low voltage lighting, real hardwood floors, custom kitchen and dining room, heated garage with onsite parking for 3 additional vehicles. Attached 2 BR mother-in-law apartment rents for $1100/month. Formal entryway w/quarry tiled flooring bordered in oak. Built-in planters. Entry coat closet. 15' x 24' living room with large picture windows overlooking Mt. Susitna. Custom finished oak and tile fireplace and built-in raised and carpeted music area. Hardwood and quarry tile in main living areas. Den/Study/Craft room opens off main entry and has 4' x 5' picture window. Full-size dining room with mirrored end wall. Built-in china closet and oak bar top. Built-in planter. Kitchen features handbuilt oak Swedish tile countertops. Dishwasher. Disposal. Side-by-side 22" refrigerator/freezer. Jenn-Air grill. Gas cooktop. Wall oven. Built-in oak pantry and phone desk. Home features low-voltage, remote control lighting with 3 master control stations. Utility room with full-size Kenmore washer and dryer. Large master bathroom with oak peninsula double-sink vanity. Soaking tub. 3' x 6' custom shower stall. Toilet room. New egress windows on order, will be installed in summer 2012.