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1201 Cordova Street

Anchorage, AK 99501
  • $639,990
  • STATUS: Active
  • MLS #: 23-5957
UPDATED: 59 min ago
$639,990
  • 8
    BEDS
  • 0.16
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,500
    SQFT
  • $183
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1970

School Information

Elementary School:
Middle School:
High School:

Description

PRIME LOCATION, Investor's Dream! This fully occupied 8-bed, 4-bath, 4-plex is a cash cow. Currently, the property has 2 x LTR and 2 x STR. Long-term tenants bring in a steady $2400/month, while market rents can be raised to $3200/month. The two STRs yield earnings of $5k-$10k/month (90% Plus occupancy in season) this property offers convenience and charm. Units were recently updated in 2020.

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Alaska MLS logo 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 Majors Realty Group 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: 2023-09-25T08:39:10.717.

www.experiencealaskahomes.com/homes/140133545
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1201 Cordova Street Anchorage, AK 99501

  • Price: $639,990
  • Status: Active
  • On Site: Days
  • Updated: 59 min ago
  • MLS #: 23-5957
8
Beds
4
Baths
0
½ Baths
0.16
Acres
3,500
SQFT
$183
$/SQFT
1970
Built
Neighborhood:
Downtown Anchorage
Area:
Downtown Anchorage
Elementary School:
North Star
Middle School:
Central
High School:
West Anchorage
Property Description
PRIME LOCATION, Investor's Dream! This fully occupied 8-bed, 4-bath, 4-plex is a cash cow. Currently, the property has 2 x LTR and 2 x STR. Long-term tenants bring in a steady $2400/month, while market rents can be raised to $3200/month. The two STRs yield earnings of $5k-$10k/month (90% Plus occupancy in season) this property offers convenience and charm. Units were recently updated in 2020.
Exterior Features

Carport Spaces 0 Construction Materials Unknown Foundation Details Poured Concrete Frontage Type None Garage Spaces 0 Open Parking Spaces 8 Parking Features None Road Surface Type Maintained Roof Unknown-BtvShake View City Lights

Interior Features

Flooring Laminate Heating Baseboard Heating YN Yes Living Area 3500

Property Features

Attached Garage YN No Insurance Expense 2000 Listing Terms CashConventionalFhaQualifying AssumptnVaVa 000 Down MLSArea Major 1A - Anchorage Municipality New Construction YN No Number Of Units Buildings 1 Professional Management Expense 7000 Sewer Public Sewer Tax Legal Description Third Addn L6 B16d Zoning R4 - Multiple Family

Alaska MLS logo Listing Office Exp Realty, Llc: 907-519-0095. Copyright 2023 Alaska Multiple Listing Service, Inc. All rights reserved.
Alaska MLS logo 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 Majors Realty Group 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: 2023-09-25T08:39:10.717.

 
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Majors Realty Group
1221 Noble Street, Suite 100
Fairbanks AK, 99701