Anchorage, AK 99507,7230 Basel ST
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Anchorage, AK 99507,7230 Basel ST
Anchorage, AK 99507,7230 Basel ST
Anchorage, AK 99507,7230 Basel ST
Anchorage, AK 99507,7230 Basel ST
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$ 875,000
Est. payment /mo
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7230 Basel ST Anchorage, AK 99507

10 Beds

6 Baths

3,828 SqFt


UPDATED:

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

Construction Status Existing Structure

Year Built 1984

Lot Size 10,400 Sqft

Acres 0.24

Property Sub-Type Triplex

Source Alaska Multiple Listing Service

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

Direction From Lake Otis go west on E 72nd Ave, turn left on Basel Street.

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

Lot Size Range 0.24

Sewer Public Sewer

New Construction No

Construction Status Existing Structure

Schools

Elementary Schools Abbott Loop

Middle Schools Hanshew

High Schools Service

Others

Tax ID 0141341000001

Acceptable Financing Cash, Conventional, FHA, VA Loan, Assumable

Listing Terms Cash, Conventional, FHA, VA Loan, Assumable


Alaska MLS
Listed by Real Broker Alaska
Amy Neuharth

Amy Neuharth

Agent | ak.18532

+1(907) 232-2807

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7230 Basel ST