7230 Basel ST new Save Request In-Person Tour Request Virtual Tour
Anchorage,AK 99507
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,828 sqft
Price per Sqft $228
MLS Listing ID 25-11650
Bedrooms 10
Full Baths 6
Year Built 1984
Lot Size 10,400 Sqft
Property Sub-Type Triplex
Property Description
Savvy buyers can take advantage of an assumable VA loan at 4.875% interest rate!
Turnkey, fully-updated triplex at 7230 Basel St generating $7,750/mo. All three units feature modern interiors (newer flooring, paint, appliances, refreshed kitchens/baths), in-unit laundry, and a new roof (2023). Unit 1 - 3BR/2BA leased until Mar 2026 at $2,550/mo.
Unit 2 - 4BR/2BA long-term tenants month-to-month at $2,550/mo.
Unit 3 - 3BR/2BA + oversized 1-car garage, furnished, lease until December 2026 at $2,650/mo (furnishings can convey for seamless mid-term or potential STR).
Owner-occupants can move into one of the units and let the other two units (~$5,200/mo) offset your payment. With an estimated $5,362/mo PITI at 5% down, your personal net out-of-pocket for cost of housing could be ~$200/mo.
Investors could purchase turnkey at $875,000 with estimated $4,617/mo PITI at 20% down. Potential gross income after PITI ~$3,133/mo. That's ~20% pre-expense cash-on-cash Return
Additional highlights: Three large floor plans (one 4BR and two 3BRs), private laundry in every unit, garage for Unit 3, and low near-term capex thanks to 2023 roof and interior upgrades. Strong income from day one with flexibility to adjust strategy at turnover. Please do not disturb occupants. Buyer to verify all information and figures.
Proforma in MLS Docs - Seller is Owner/Agent
Location
State AK
Area 35 - E Tudor Rd - Abbott Rd
Zoning R2M - Multi Family Residential
Interior
Heating Baseboard,Natural Gas
Flooring Luxury Vinyl Plank,Tile,Carpet
Exterior
Parking Features Attached
Garage Spaces 1.0
Garage Description 1.0
Roof Type Shingle
Building
Sewer Public Sewer
New Construction No
Schools
Elementary Schools Abbott Loop
Middle Schools Hanshew
High Schools Service
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan,Assumable
Listing Terms Cash,Conventional,FHA,VA Loan,Assumable