148 Burton ST new

Anchorage,AK 99504

$ 250000

1 Bed

1 Bath

1400 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,400 sqft

Price per Sqft $178

MLS Listing ID 25-11067

Bedrooms 1

Full Baths 1

Year Built 1960

Annual Tax Amount $4,200

Lot Size 10,341 Sqft

Property Description

Investor Special - R3 Zoned Opportunity in Redevelopment Corridor
Large R3 lot in a tax-advantaged corridor, surrounded by established multi-family properties. Located within the Transit-Supportive Overlay Zone, this property offers redevelopment flexibility and consistent long-term demand.
The existing 1960 home is a 1 bed / 1 bath with basement that could be converted into additional bedrooms, and bathroom. This home does have an oversized two car garage with tons of storage space. Or, maximize the zoning for ground-up multi-family development as this property may qualify for Municipal Tax Exemptions (AO 2025-35 & AO 2025-84) offering up to 10-13 years of property tax relief for qualifying new construction (8+ units) or 10 years for major rehabilitation of existing housing stock.

Location

State AK

Area 45 - Boniface Pkwy To Muldoon Rd

Zoning R3 - Multiple Family Residential

Interior

Heating Baseboard

Exterior

Exterior Feature Fenced Yard

Parking Features Garage Door Opener,Attached

Garage Spaces 2.0

Garage Description 2.0

Roof Type Shingle,Asphalt

Building

Lot Description Level

Foundation None

Sewer Public Sewer

Schools

Elementary Schools Btv-Undiscl By Ll

Middle Schools Btv-Undiscl By Ll

High Schools Btv-Undiscl By Ll

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