1227 E 11th Avenue,Anchorage, AK 99501
Anchorage, AK 99501
Description
Income-Producing 7plex, Quiet, low traffic area of Fairview. Ranch style, private entry units. Many improvements in the area. 2015 Boiler, serviced recently. W/D onsite, off-street parking. Fully occupied, and professionally managed. Tenants pay electric. All units are 1bed/1bath. Some have had new laminate flooring & paint. Some kitchen & bathroom updates over the years; some units older and in need of repair. Building in general needs TLC, hence the price. Relatively easy to lease, tandem parking spaces in front of the units, paved driveway. Ample off-street parking in that area. Market rents are $1350. Electric is separate. 1 vacancy currently. 24 hour notice to show, LA to be present. Exterior photo is from last year, needs some fascia repair and painting; paint pealing. Fred with Sourdough Roofing replaced a significant portion of the roof in 2018-2020. Recent inspection shows roof is nearing end of life. See inspection, engineer drawing & Invoice on recent foundation repair.
Details
| MLS # | 26-6779 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1958 |
| Days On Site | 79 |
| Listing Provided By | Buyers Real Estate, LLC | Ayla L King |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 7 Total |
| SQ Feet | 3,640 |
| Units | 7 |
| Building(s) | 1 |
| Zoning | R3 - Multiple Family Residential |
| Acreage | 0.16 |
Interior
| Heating | Baseboard, Natural Gas |
|---|---|
| Heating Yes / No | Yes |
Exterior
| Roof | Bitumen/Torch Down |
|---|---|
| Security Features | Smoke Detector(s) |
| Lot Features | Level |
| Construction Materials | Block, Wood Frame - 2x4 |
| Foundation Details | Block |
| Exterior Sp Finish Co Exterior Sp Finish | Stucco |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | None |
| Carport Sp Type Co Carport Sp Type | None |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Road Surface Type | Paved |
|---|---|
| Frontage Type | None |
Taxes
| Tax Map Number | N/A |
|---|---|
| Tax Legal Description | Third Addition L10 B3C |
Area Information
| State | AK |
|---|---|
| City | Anchorage |
| Zip Code | 99501 |
| Area | 1A Anchorage Municipality |
| Subarea | Downtown Anchorage |
| School District | West Anchorage |
| Elementary School | Fairview |
| High School | West Anchorage |
| Listing VS Median (in 99501) | |
Price: $569,000 low | high Med: $200,000 sqft: 3,640 low | high Med: 866 $ / sqft: $156 low | high Med: $231 On site: 79 low | high Med: 79 | |
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Learn More About This Property
| State | AK |
|---|---|
| City | Anchorage |
| Zip Code | 99501 |
| Area | 1A Anchorage Municipality |
| Subarea | Downtown Anchorage |
| School District | West Anchorage |
| Elementary School | Fairview |
| High School | West Anchorage |
| Listing VS Median (in 99501) | |
Price: $569,000 low | high Med: $200,000 sqft: 3,640 low | high Med: 866 $ / sqft: $156 low | high Med: $231 On site: 79 low | high Med: 79 | |
