801 & 803 E 12th Avenue

    Anchorage, AK 99501
    • $850,000
    • STATUS: Active
    • ON SITE: 93 days
    • MLS #: 19-13771
    UPDATED: 62 min ago
    $850,000
    • 12
      BEDS
    • 0.32
      ACRES
    • 12
      BATHS
    • 0
      1/2 BATHS
    • 8,256
      SQFT
    • $103
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1971

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Great opportunity for positive cash flow! Well maintained property with many units updated. All 1 BR, 1 bath units with surprisingly large rooms and good storage, the type of properties in high demand for clients participating in AHFC's Public Housing Voucher Program (information attached in documents tab). Extensive pictures of exteriors and interiors of unoccupied units attached in photos tab.Buildings offered as a package (MLS # 19-13771) or individually, MLS 19-13769 and 19-13770. In building 803, units 1,2,4 and 6 are vacant and updating has been completed. Unit 3 in building 803 is currently undergoing renovation, but is vacant and can be viewed as desired. In building 801, units 4 and 5 are vacant, updating completed and can be viewed. All other units are currently occupied -- any offers should be made subject to inspection of the occupied units after initial agreement. Licensees: There is a lockbox for each building on the metal railing next to the security entrance for each building. For building 801, all keys that are needed to enter the building and show units 4 and 5 are in the lockbox. For building 803, the key to the security door and to unit 4 are in the lockbox. The keys to the other vacant units in this building, as well as a common key for the utility room in each building, are on the island/breakfast bar in unit 4. Please return these keys where you found them after showing. Ample off-street parking on the front E 12th Avenue side as well as the rear alley access side. Low maintenance metal siding in good condition for both buildings. Each building has an electronic monitored fire alarm system that ties into the two smoke alarms in each unit. High-efficiency boiler installed in 801 E 12 eight years ago. Two new hot water heaters recently installed in 803 E 12.

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    DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Wolf Real Estate Professionals are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing information was last updated on: 2019-11-13T13:39:13.277.
    www.anchoragehomesearch.com/homes/97850214

    801 & 803 E 12th Avenue Anchorage, AK 99501

    • Price: $850,000
    • Status: Active
    • Updated: 62 min ago
    • MLS #: 19-13771
    12
    Beds
    12
    Baths
    0
    ½ Baths
    0.32
    Acres
    8,256
    SQFT
    $103
    $/SQFT
    1971
    Built
    Neighborhood:
    Downtown Anchorage
    Area:
    Downtown Anchorage
    Elementary School:
    Fairview
    Middle School:
    Central
    High School:
    West Anchorage
    Property Description
    Great opportunity for positive cash flow! Well maintained property with many units updated. All 1 BR, 1 bath units with surprisingly large rooms and good storage, the type of properties in high demand for clients participating in AHFC's Public Housing Voucher Program (information attached in documents tab). Extensive pictures of exteriors and interiors of unoccupied units attached in photos tab.Buildings offered as a package (MLS # 19-13771) or individually, MLS 19-13769 and 19-13770. In building 803, units 1,2,4 and 6 are vacant and updating has been completed. Unit 3 in building 803 is currently undergoing renovation, but is vacant and can be viewed as desired. In building 801, units 4 and 5 are vacant, updating completed and can be viewed. All other units are currently occupied -- any offers should be made subject to inspection of the occupied units after initial agreement. Licensees: There is a lockbox for each building on the metal railing next to the security entrance for each building. For building 801, all keys that are needed to enter the building and show units 4 and 5 are in the lockbox. For building 803, the key to the security door and to unit 4 are in the lockbox. The keys to the other vacant units in this building, as well as a common key for the utility room in each building, are on the island/breakfast bar in unit 4. Please return these keys where you found them after showing. Ample off-street parking on the front E 12th Avenue side as well as the rear alley access side. Low maintenance metal siding in good condition for both buildings. Each building has an electronic monitored fire alarm system that ties into the two smoke alarms in each unit. High-efficiency boiler installed in 801 E 12 eight years ago. Two new hot water heaters recently installed in 803 E 12.
    Exterior Features

    Access Type GovernmentMaintainedPaved Carport Spaces 0 Carport Type None Construction Type Wood Frame - 2X4 Exterior Finish Metal Foundation Type Block Garage Type None Parking Spaces 12.00 Roof Type AsphaltShingle Topography Level Waterfront Access Near None Waterfront Frontage None

    Interior Features

    Fuel Type Comn Metered Nat Gas Heat Type Baseboard

    Property Features

    Assessed Value 763500.00 Borough Census Area 1A - Anchorage Municipality Construction Status Existing Structure Features Multifamily Co Detector(S)Dsl-Cable AvailableIn City LimitsLaundry FacilityShedSmoke Detector(S)Washer/Dryer Foreclosure Bank Owned No Multifamily Type 5+ UnitsApartment Style New Finance Terms CashConventional Region 1 - Southcentral Alaska Region Sewer Type Public Sewer Units1 Bedroom 12 Water Type Public Year Updated 2019.00 Zoning R4 - Multiple Family Residential

    Listing Office Real Estate Brokers Of Alaska. Copyright 2019 Alaska Multiple Listing Service, Inc. All rights reserved.
    DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Wolf Real Estate Professionals are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing information was last updated on: 2019-11-13T13:39:13.277.
     
    Wolf Real Estate Professionals
    3350 Midtown Place
    Anchorage AK, 99503