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Listed price in listed location currency (USD).
$429,000

455

MLS® 26-11445

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 2337 sqft
Garage 
Taxes $2,462
Days Active 4
Lot Size 0.16 Acres
Approx. Age 1953
Avg. Price Per Sqft $183
MLS® Number 26-11445

Property Address: 1027 Nelchina St, Anchorage, AK, 99501-4047

Average square foot calculated using Size range provided by listing agent.

Description

Fully occupied 5-plex offering immediate rental income in a convenient Anchorage location! All five units are currently rented, generating $4, 680/month and $56, 160 in gross scheduled annual income. Several units have been updated in recent years, including remodeled Units 2 and 5 and additional improvements to Unit 4. Property offers off-street parking, individual unit entrances, and a long history as an income-producing property. Current rents are $880, $1, 100, $850, $850 and $1, 000 per month, providing an investor with established income from day one while offering potential future upside as units turn over and rents are adjusted over time. An excellent opportunity for an investor looking for an established multifamily property with 100% occupancy and value-add potential in the Anchorage market. Buyer to verify all information, including rents, leases, expenses, zoning/use, financing eligibility and Letter of Non-Conforming Rights.
MLS® Number26-11445
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1953
Basement
DrivewayNone
Garage Spaces
Heat
A/C

Extras

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