Residential Income In Anchorage

Well maintained fourplex nestled in a serene location bordering North Fork Little Campbell Creek. Each of the four units features two bedrooms, one bathroom, a private entrance, dedicated storage, coin op laundry and a carport. Situated on a sprawling, flat 11,900 SF lot, the property offers abundant open space, owner storage, separate shed and generous guest parking. Bonus feature is the B-3 General Business Zoning. As one of the city’s most versatile commercial land-use classifications, it easily accommodates a diverse mix of commercial, retail, office, and light service uses.
A previous inspection has been completed, the seller is actively finalizing repairs, and a brand-new roof will be installed in September. Otherwise being sold AS-IS. With $72k Gross Income Potential not including income from coin op / $26.3k Expenses =6.34% Potential Cap Rate. Ideal location close to parks, shopping & public transportation.