221 Creekside Street, Anchorage, AK 99504 (MLS# 24-4034)

Multi-Family Type: Ranch; Other - See Remarks

Roof Type: Asphalt; Composition; Shingle

Foundation Type: Block

Construction Type: Wood Frame

Garage Type: None

Carport Type: None

Heating: Forced Air; Natural Gas; Space Heater; Wood Stove; Other

Sewer-Type: Public Sewer

Water-Type: Private; Well

Access Type: Paved; Maintained

Topography: Level

Wtrfrnt-Frontage: None

Wtrfrnt-Access Near: None

Features-MultiFamily: CO Detector(s); DSL-Cable Available; In City Limits; Shed; Smoke Detector(s); Washer/Dryer; RV Parking

To Show: ShowingTime

Docs Avl for Review: Prop Discl Available

Listing Terms Financing: AHFC; Cash; Conventional; FHA; VA Loan

This property presents a rare entry-level investment opportunity, boasting not one, but two separate living units on a spacious 1.13 acre lot. The possibilities are endless with this versatile space, offering ample room for expansion or redevelopment to maximize your return on investment. The main house, a charming 1955 build, has been thoughtfully refreshed and features 2 bedrooms and 1 bathroom across 1062 square feet of living space. With its cozy layout and classic appeal, it offers the perfect blend of comfort and functionality for potential tenants or homeowners alike. But the real gem lies in the additional unit - added in 1966, a spacious 900 square foot studio-style apartment complete with a full kitchen and bath. Whether you choose to rent it out for additional income, house extended family members, or even convert it into a home office or studio space, the possibilities are limited only by your imagination. With 3 bedrooms and 2 baths in total, this property offers flexibility for a variety of living arrangements. Live in one unit and rent out the other to offset your mortgage, or utilize both units as income-generating rental properties for a steady cash flow stream. The choice is yours. Outside, the expansive 1.13 acre lot provides plenty of space for outdoor recreation, gardening, or even future expansion. Imagine hosting summer barbecues, gardening in the sunshine, or simply enjoying the peace and privacy of your own spacious yard. Conveniently located in East Anchorage, this property offers easy access to shopping, dining, entertainment, outdoor amenities, and JBER ensuring that both tenants and homeowners alike will enjoy a comfortable and convenient lifestyle. Don't miss out on this incredible opportunity to add a valuable asset to your investment portfolio. Whether you're a seasoned investor looking to expand your holdings or a first-time buyer eager to dip your toes into the world of real estate investment, this property is sure to exceed your expectations. Welcome to the world of real estate investment - your future starts here.