4321 Thompson AVE Pending

Anchorage,AK 99508

$ 645000

11 Beds

9 Baths

6551 SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 6,551 sqft

Price per Sqft $98

MLS Listing ID 25-11654

Bedrooms 11

Full Baths 9

Year Built 1977

Annual Tax Amount $8,784

Lot Size 6,250 Sqft

Property Description

12% cap rate on this - 8 plex consisting of 2 - 1 bed/1 bath and 6 efficiency units plus a 3 bedroom 1 bath house all on one lot. Both the 8 plex and the house exteriors have been recently repainted, ('24), with new cold and hot water supply piping in entire 8 plex, hydronic system new, new tubs and surrounds in all 8 units as well. Many upgrades easily totalling over $90,000 has been performed. in the last year. Rents range from 950 to 1075/month. House is $2000/month. Building is compliant with guidelines and qualifications for with AK Housing Finance Corporation or similar programs. 3 tenants currently housed under the Alaska Housing voucher. Additional rental income possible with solving basement egress issue if desired. 4 units have gas stoves with 4 units plumbed for gas stoves but not currently installed. New Burnham Series 2 205E hydronic system (9 zones, full piping replacement, all baseboards elements and enclosures) and a brand new AO Smith hot water heater.

Location

State AK

Area 50 - Post Rd - Glenn Hwy

Zoning R3 - Multiple Family Residential

Interior

Heating Baseboard,Natural Gas

Flooring Tile

Exterior

Parking Features None

View Unobstructed

Roof Type Bitumen/Torch Down,Shingle

Building

Lot Description Level

Sewer Public Sewer

New Construction No

Schools

Elementary Schools Mountain View

Middle Schools Clark

High Schools Bettye Davis East Anchorage

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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