1202 W 42nd Avenue, Anchorage, AK 99503 (MLS# 23-14418)
$439,000
Anchorage, AK 99503
MLS# 23-14418
Status: Pending
5 beds | 3 baths | 2240 sqft
1 / 41
Property Description
Updated and maintained triplex on an oversized corner lot with excellent potential. Low utilities & overhead costs. Property is well & sewer. Two 1BR units, and a 3BR. Ability to easily owner-occupy. Coin-op laundry for additional income potential. Each unit has its own heating system & electric meter.
Details
Maps
Documents
Contract Info
Price-List: 439000
Date-Listing: 2023-12-20
Status: Pending
Commission Type: %
Commission to SO: 3
Foreclosure/Bank Own: No
Sold Info
Date-Pending: 2024-04-04
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Area: 10 - Spenard
Street #: 1202
Directional: W
Street Name: 42nd
Arterial: Avenue
Closest USPS Town: Anchorage
State: AK
Zip Code: 99503
Grid # (Muni Anch): SW1729
Tax Map #-Mat-Su: N/A
Taxes (Estimated): 5277.6
Tax Year: 2023
School-Elementary: Willow Crest
School-Middle: Romig
School-High: West Anchorage
Legal: Evergreen B5 L1 E2 & B5 L2 E2
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Beds: 5
Bathrooms Full: 3
Bathrooms Total: 3
Bldgs-Ttl #: 1
Year Built: 1958
SF-Res: 2240
Number of Units: 3
SF-Lot: 8880
Acres: 0.2
Prkg Spcs: 6
Lot Area Source: Tax Authority
Zoning: R2M - Multi Family Residential
Directions and Remarks
Directions: From Minnesota Drive northbound turn right/east onto West 42nd Avenue. Go straight for four blocks. Property is on the right at the intersection with Wilson Street.
Building Info
Units-# of 1 BR: 2
Units-# of 3 BR: 1
Income & Expenses
Debt Int Rate: 3.5
Exp-Elec/Yr Avg: 444
Exp-Gas/Yr Avg: 1716
Exp-Wtr/Swr/Yr Avg: 1719
Mortgage Info
Cash Req'd to Assume: 260000
EM Minimum Deposit: 4750
Unit #1
Bath - Full: 1
Bedroom: 3
Kitchen: 1
Living Room: 1
Utility Room: 1
Parking Spaces: 2
Unit #2
Bath - Full: 1
Bedroom: 1
Kitchen: 1
Living Room: 1
Parking Spaces: 2
Unit #3
Bath - Full: 1
Bedroom: 1
Kitchen: 1
Living Room: 1
Parking Spaces: 2
Property Features
Multi-Family Type: Apartment Style; Tri-Plex; Up and Down
Exterior Finish: Metal
Roof Type: Asphalt; Composition; Shingle
Foundation Type: Block; Unknown - BTV
Construction Type: Wood Frame
Garage Type: None
Carport Type: None
Heating: Electric; Forced Air; Natural Gas; Separate Meters; Other; See Remarks
Sewer-Type: Public Sewer
Water-Type: Well
Access Type: Dedicated Road; Paved; Maintained
Topography: Gently Rolling
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: CO Detector(s); In City Limits; Laundry Facility; Shed; Smoke Detector(s); Tenant Storage; Washer/Dryer; Paved Driveway; RV Parking
Flooring: Laminate Flooring; Linoleum; Carpet
To Show: ShowingTime
Docs Avl for Review: As-Built; Floor Plan; Lease; Prop Discl Available
Supplements
Please respect tenants' privacy.
Property has a qualifying-assumable FHA loan at 3.5%!
Multiple Offer Notice & Acknowledgment 
Listing Office: Berkshire Hathaway HomeServices Alaska Realty
Last Updated: April - 05 - 2024
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 the site owner are marked with 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. Site contains live data.