1011 W 76th Avenue,Anchorage, AK 99518
Anchorage, AK 99518
Description
Investment Opportunity in South Anchorage! Located near Taku Lake, this 12-unit apartment building offers an attractive mix of 2bedroom & 1bedroom apartments. Tenants enjoy spacious grounds, secured building access, on-site coin laundry, and private balconies for all upper-floor units. Many improvements over the years, including updated boilers/water heaters & unit remodels. Roof does not appear to be original. Most of the windows have been replaced with double pane vinyl. Old owner stated 1 boiler & hot water heater was replaced in 2018. 2nd boiler replaced in 2024 by Sage Mechanical. Last loan was AHFC, and all Health & Safety and Significant Deficiency items were repaired at the time. Professionally managed and manager would love to stay on - offering a competitive management rate. Seller offering to pay for paving and striping bid out of closing proceeds with a full price offer. Building is 100% occupied.
Details
| MLS # | 26-7146 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1975 |
| Days On Site | 74 |
| Listing Provided By | Buyers Real Estate, LLC | Michael K Linn |
Features
| Bed(s) | 17 |
|---|---|
| Bath(s) | 12 Total |
| SQ Feet | 9,360 |
| Units | 12 |
| Building(s) | 1 |
| Zoning | R2M - Multi Family Residential |
| Acreage | 0.57 |
| Water Front | Creek, Lake, River |
| Property View | Mountain(s) |
Interior
| Heating | Baseboard, Natural Gas |
|---|---|
| Heating Yes / No | Yes |
Exterior
| Roof | Asphalt, Shingle |
|---|---|
| Security Features | Smoke Detector(s) |
| Lot Features | Level |
| Wtrfrnt Hyphen Access Sp Near Co Wtrfrnt Hyphen Access Sp Near | Creek, Lake, River |
| Construction Materials | Wood Frame |
| Foundation Details | Slab |
| Exterior Sp Finish Co Exterior Sp Finish | Stucco, Unknown - BTV |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | None |
| Carport Sp Type Co Carport Sp Type | None |
Utilities
| Sewer | Public Sewer |
|---|---|
| Gardener Expense | 3500 |
| Fuel Expense | 6661 |
Location
| Road Surface Type | Maintained |
|---|---|
| Frontage Type | None |
Taxes
| Tax Annual Amount | 16540 |
|---|---|
| Tax Year | 2026 |
| Tax Map Number | N/A |
| Tax Legal Description | Papago Park L6C B2 |
| Tax Assessed Value | 1120200 |
Area Information
| State | AK |
|---|---|
| City | Anchorage |
| Zip Code | 99518 |
| Area | 1A Anchorage Municipality |
| Subarea | W Tudor Rd Dimond Blvd |
| School District | West Anchorage |
| Elementary School | Campbell |
| High School | West Anchorage |
| Listing VS Median (in 99518) | |
Price: $1,395,000 low | high Med: $213,500 sqft: 9,360 low | high Med: 928 $ / sqft: $149 low | high Med: $239 On site: 74 low | high Med: 73.5 | |
Request a showing
Request a showing
Contact
Learn More About This Property
| State | AK |
|---|---|
| City | Anchorage |
| Zip Code | 99518 |
| Area | 1A Anchorage Municipality |
| Subarea | W Tudor Rd Dimond Blvd |
| School District | West Anchorage |
| Elementary School | Campbell |
| High School | West Anchorage |
| Listing VS Median (in 99518) | |
Price: $1,395,000 low | high Med: $213,500 sqft: 9,360 low | high Med: 928 $ / sqft: $149 low | high Med: $239 On site: 74 low | high Med: 73.5 | |