17119 Coronado Road, Eagle River, AK 99577 (MLS# 24-2149)

17119 Coronado Road, Eagle River, AK 99577

$750,000
Property Type: Multi-Family Bedrooms: 12 Baths: 8 Square Footage: 5,280 Lot Size (sq. ft.): 6,521 Status: Closed
Current Price: $750,000 Last Modified: 9/16/2024

Overview

Description

Introducing an unparalleled investment opportunity: a rare 4-plex situated in the heart of Eagle River, a location marked by its scarcity of multi-family units and historically low vacancy factor. This property not only stands out for its rarity but also offers a compelling value proposition for investors keen on tapping into a high-demand area. With an average rental rate of $1,765 per un

Supplements: it. Each unit, featuring three bedrooms and 2 baths and an exclusive washer and dryer in each unit, ensuring high tenant satisfaction and retention. This 4-plex is not just a real estate asset; it represents a scarce investment in a prime location with a strong income stream, low vacancy risk, and high tenant appeal. It's an exceptional addition t ...

Listing Details MLS# 24-2149

Contract Info

Price-List
750000
Date-Listing
2024-03-05
Foreclosure/Bank Own
No

Sold Info

Date-Pending
2024-03-11
Date-Closing
2024-04-17

Location Tax and Legal

Area
90 - Eagle River
Street #
17119
Street Name
Coronado
Arterial
Road
Closest USPS Town
Eagle River
State
AK
Zip Code
99577

Property Info

Realtor.com Type
Multi-Family
Construction Status
Existing Structure
Beds
12
Bathrooms Full
8
Bathrooms Total
8
Bldgs-Ttl #
Yes
Year Built
1984
Year Updated
2023
SF-Res
5280
Number of Units
4
SF-Lot
6521
Acres
0.15
Prkg Spcs
8
Lot Area Source
Tax Authority
Zoning
CE-RO Residential Office
Bathrooms Half
0
Bathrooms Three Quarter
0
Garage Spaces
0
Carport Spaces
0

Directions and Remarks

Directions
Head north on Old Glenn Highway. Take a left onto Coronado Road. 4plex is located on the left.

Building Info

Units-# of 3 BR
4

More Information

Location, Tax and Legal

Region
1 - Southcentral Alaska Region
Borough/Census Area
1A - Anchorage Municipality
Grid # (Muni Anch)
NW0152
Tax Map #-Mat-Su
N/A
Legal
Walter G Pippel L8B B10
School-Elementary
Eagle River
School-Middle
Gruening
School-High
Eagle River

Multi-Family Type

Quadruplex
Yes

To Show

ShowingTime
Yes

Exterior Finish

Wood
Yes

Heating

Radiant
Yes

Roof Type

Shingle
Yes

Construction Type

Wood Frame
Yes

Foundation Type

Block
Yes

Wtrfrnt-Access Near

None
Yes

Garage Type

None
Yes

Wtrfrnt-Frontage

None
Yes

Sewer-Type

Public Sewer
Yes

Features-MultiFamily

Washer/Dryer
Yes

Property Features

Multi-Family Type: Quadruplex Exterior Finish: Wood Roof Type: Shingle Foundation Type: Block Construction Type: Wood Frame Garage Type: None Heating: Radiant Sewer-Type: Public Sewer Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: Washer/Dryer To Show: ShowingTime
Listing Office: Cornerstone Realty
IDX
Last Updated: September - 16 - 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.

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