775 W Lanark Drive, Wasilla, AK 99654 (MLS# 21-5594)
$225,000
Wasilla, AK 99654
MLS# 21-5594
Status: Closed
11 beds | 6 baths | 4980 sqft
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Property Description
This property is a true fixer upper. Home Inspection and roof bids are uploaded under documents for review. Great opportunity for investor. 2 of the 4 units were refurbished in 2016. Refurbishing the rest of the building can dramatically increase the monthly rental income available. Located minutes from downtown Wasilla with a very low vacancy rate. Needs TLC and a partial roof replacement.
Details
Maps
Documents
Contract Info
Price-List: 225000
Date-Listing: 2021-04-21
Status: Closed
Commission Type: %
Commission to SO: 2.5
Foreclosure/Bank Own: No
Sold Info
Date-Pending: 2021-05-13
Date-Closing: 2021-09-28
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1D - Matanuska Susitna Borough
Area: WA - Wasilla
Street #: 775
Directional: W
Street Name: Lanark
Arterial: Drive
Closest USPS Town: Wasilla
State: AK
Zip Code: 99654
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: WA05
Taxes (Estimated): 3084.23
Tax Year: 2020
School-Elementary: BTV-Undiscl by LL
School-Middle: BTV-Undiscl by LL
School-High: BTV-Undiscl by LL
Legal: Stoneridge Heights RSB L8-8A B5
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Beds: 11
Bathrooms Full: 6
Bathrooms Total: 6
Bldgs-Ttl #: 1
Year Built: 1984
SF-Res: 4980
Number of Units: 4
SF-Lot: 41817.6
Acres: 0.96
Prkg Spcs: 8
Lot Area Source: Tax Authority
Zoning: UNK - Unknown (re: all MSB)
Directions and Remarks
Directions: Parks to Lucille, L on Seldon, R on Tamar, R on Lanark. Property on L.
Building Info
Units- # of Effcncy: 1
Units- # of 2 BR: 1
Units-# of 3 BR: 1
Units- # of 4+ BR: 1
Mortgage Info
EM Minimum Deposit: 1500
Property Features
Multi-Family Type: Four-Plex
Roof Type: Asphalt; Composition; Shingle
Foundation Type: All-Weather Wood
Construction Type: Wood Frame
Sewer-Type: Septic Tank
Water-Type: Private
Access Type: Gravel; Maintained
Topography: Level
Features-MultiFamily: Covenants; CO Detector(s); DSL-Cable Available; Fixer-Upper; Laundry Facility; Smoke Detector(s); Washer/Dryer HkUp; RV Parking
Flooring: Laminate Flooring
Docs Avl for Review: CC&R's; Docs Posted on MLS
New Finance (Terms): Cash; Rehab
Utility and Lease Information as of 4/21 
Listing Office: Charlene Moss Realty, Inc.
Last Updated: August - 23 - 2023
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.