$750,000 Price Analysis    ♡   Eagle River, AK 99577 12 bed 8 bath 5,280 SqFt ($142/SqFt) 6,524SqFt lot. Built 1984 Listed 2024-03-06, Taxes $9,151 | Ⓧ USDA Ineligible due to location near Anchorage |
Introducing an unparalleled investment opportunity: a rare 4-plex situated in the heart of Eagle River
* No Longer For Sale *
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A location marked by its scarcity f multi-family units and historically low vacancy factor. This property not stands out for its rarity but also offers a compelling value proposition for investors keen on tapping into a high-demand area. With an average rental rate of $1, 690 per un it. Each unit, featuring three bedrooms and 2 baths and an exclusive washer and dryer in each unit, ensuring high tenant satisfaction and retention.
This 4-plex is not a real estate asset; it represents a scarce investment in a prime location with a strong income stream, low vacancy risk and high tenant appeal . It's an exceptional addition to any investment portfolio, offering a solid blend of income stability and growth potential in Eagle River's thriving rental market. Capitalize on this unique opportunity to invest in a property that promises both immediate returns and long-term value appreciation.
Presented by Justin Mcghee at
Leasing Alaska.
Property MLS #24-2150 from AlaskaMLS
Full Bathrooms: 8
Lot Size Square Feet: 6524
Calculated Total Monthly Association Fees: 0
Number of Units: 4
High School: Eagle River
Middle School: Gruening
Map directions Map directions Map directions Map directionsDirections: Head north on Old Glenn Highway. Take a left onto Coronado Road. 4plex is located on the left.
Source Property Type: Multi-Family
Area: 1A - Anchorage Municipality
MLS Area Minor: 90 - Eagle River
Source Neighborhood: 1A - Anchorage Municipality
Parcel Number: 0501235900001
Zoning: CE-RO Residential Office
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $455,200 + $96,400 $551,600 | $9,151 |
| 2021 | $421,400 + $96,400 $517,800 | $9,159 |
| 2020 | $455,100 + $96,400 $551,500 | $9,287 |
| 2018 | $429,900 + $92,500 $522,400 | $8,394 |
| 2018 | $421,400 + $96,400 $517,800 | $8,394 |
| 2017 | $486,100 + $92,500 $578,600 | $9,153 |
| 2016 | $466,700 + $89,100 $555,800 | $8,181 |
| 2015 | $424,500 + $89,100 $513,600 | $7,591 |
| 2014 | $412,300 + $89,100 $501,400 | $7,415 |
| 2013 | $353,600 + $89,100 $442,700 | $6,689 |
| 2012 | $334,600 + $89,100 $423,700 | $6,427 |
| 2011 | $319,800 + $80,400 $400,200 | $6,123 |
| 2010 | $330,700 + $80,400 $411,100 | $6,330 |
| 2009 | $343,600 + $81,800 $425,400 | $6,130 |
| 2008 | $394,700 + $77,100 $471,800 | $6,628 |
| 2007 | $412,600 + $73,000 $485,600 | $6,332 |
$0
AlaskaMLS
Listed 2024-03-06
$750,000
AlaskaMLS
Year Built: 1984
Building Area Total: 5280
Property Age: 40
Roof: Shingle
Total Area Sqft: 5280
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.