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USAAKAnchorage3401 E 15Th Ave
Airport Heights 4-plex | Image 1
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$815,000

3401 E 15 Th Ave, Anchorage, AK

Real Estate

For Sale

$--,---,---
846
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 3648 sqft
Garage No
Taxes 
Days Active 2
Lot Size 
Approx. Age 1964
Avg. Price Per Sqft $223
MLS® Number 25-11929

Property Address: 

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

Description

Updated 4-plex at 3401 E 15th Ave, Anchorage (Airport Heights) generating $7, 200/mo. Beautiful interiors with updated flooring, cherry kitchen cabinets, and a new boiler. Superb location close to hospitals, UAA, and JBER.Unit 1 - 2BR/1BA: $1, 750/mo, renewed for a new 12-month lease in August. Unit 2 - 2BR/1BA: $1, 750/mo, renewed for a new 12-month lease in August. Unit 3 - 2BR/1BA: $1, 750/mo, renewed for a new 12-month lease in August. Unit 4 - 2BR/1BA (Furnished): $1, 950/mo, lease until November; furnishings can convey for an easy continuation as a mid-term rental or potential STVR. Owner-occupants can move into Unit 4 at its November turnover and let the other three units ($5, 250/mo) offset your payment. With an estimated $5, 158/mo PITI at 5% down, your personal net cost of housing could be ~$800 after all expenses for the entire building. Investors can purchase turnkey with estimated $4, 467/mo PITI at 20% down. Potential gross income after PITI ~$2, 465/mo. That's ~18% pre-expense cash-on-cash return. Additional highlights: Airport Heights neighborhood, handsome finishes (flooring + cherry cabinets), new boiler, and proximity to major employment/education hubs. Strong income from day one with flexibility to adjust strategy at turnover. Please do not disturb occupants. Buyer to verify all information and figures. Proforma in MLS Docs - Seller is Owner/Agent.Show Description
MLS® Number25-11929
Laundry Level
Central VacNo
FireplaceNo
Acreage0.17
Exterior
GarageNo
Approx. Age1964
Basement
Driveway
Garage Spaces
HeatBaseboard, Natural Gas
A/C
Heating Fuel

Extras

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