• DESCRIPTION

    This 30 unit investment property has been almost completely updated and has very little deferred maintenance left. Paired with strong occupancy rates and an assumable 5.25% interest loan that has very little loan fees, this property actually cash flows! The owner had converted 6 of the 20 units that were electric heat into gas and that has significantly reduced utility costs. Projected 12.85% ROI!

    KEY DETAILS
    • Price:
    • $2,100,000
    • Bedrooms:
    • 58
    • Full Baths:
    • 30
    • Square Footage:
    • 22,932
    • Acreage:
    • 0.73
    • Year Built:
    • 1975
    • MLS #:
    • 18-15797
    • Street Address:
    • 3424 Thompson Ave
    • City:
    • Anchorage
    • State:
    • AK
    • Postal Code:
    • 99508
    • Area:
    • 1a - Anchorage Municipality
    • Subarea
    • 50 - Post Rd - Glenn Hwy
    • Listing Status:
    • For Sale - Active

    Building

    • Construction Status:
    • Existing Structure
    • Construction Type:
    • Wood Frame
    • Features:
    • Laundry Facility
    • Foundation:
    • Block
    • Number Of 1 Bedroom Units:
    • 1
    • Number Of 2 Bedroom Units:
    • 26
    • Number Of 3 Bedroom Units:
    • 1
    • Number Of Units:
    • 30.0
    • Siding:
    • Unknown-Btv, Wood
    • Total # Of Buildings:
    • 1
    • Total Building Square Footage:
    • 22932
    • Type Of Roof:
    • Rolled/Hot Mop, Unknown-Btv
    • Year Built:
    • 1975
    • Year Renovated:
    • 2017.00

    Land

    • Conforms To Zoning:
    • R3 - Multiple Family Residential
    • Lot Square Footage:
    • 31992.00

    Listing

    • Terms:
    • Ahfc, Qualifying Assumptn

    Systems

    • Heating:
    • Baseboard

    Water

    • Water Body Type:
    • Public

    Source

    • Provided By:
    • Listing Office: Keller Williams Realty Alaska Group

      ALASKA
    REQUEST SHOWING
    SCHOOL RATINGS
    n/a

    BTV-UNDISCL BY LL
    Elementary School
    Public

    n/a

    BTV-UNDISCL BY LL
    Middle School
    Public

    n/a

    BTV-UNDISCL BY LL
    High School
    Public

    NOTES

    No notes have been added for this home.

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