7230 Basel Street, Anchorage, AK 99507
Overview
Description
Supplements: ... (Read more) Unit 1 - 3BR/2BA leased until Mar 2026 at $2,550/mo. Unit 2 - 4BR/2BA long-term tenants month-to-month at $2,550/mo. Unit 3 - 3BR/2BA + oversized 1-car garage, furnished, lease until December 2026 at $2,650/mo (furnishings can convey for seamless mid-term or potential STR). Owner-occupants can move into one of the units and let the other two units (~$5,200/mo) offset your payment. With an estimated $5,362/mo PITI at 5% down, your personal net out-of-pocket for cost of housing could be ~$200/mo. Investors could purchase turnkey at $875,000 with estimated $4,617/mo PITI at 20% down. Potential gross income after PITI ~$3,133/mo. That's ~20% pre-expense cash-on-cash Return Additional highlights: Three large floor plans (one 4BR and two 3BRs), private laundry in every unit, garage for Unit 3, and low near-term capex thanks to 2023 roof and interior upgrades. Strong income from day one with flexibility to adjust strategy at turnover. Please do not disturb occupants. Buyer to verify all information and figures. Proforma in MLS Docs - Seller is Owner/Agent
Listing Details MLS# 25-11650
Contract Info
- Price-List
- 875000
- Date-Listing
- 2025-09-08
- Foreclosure/Bank Own
- No
Sold Info
- Date-Pending
- 2026-01-09
- Date-Closing
- 2026-03-11
Location Tax and Legal
- Area
- 35 - E Tudor Rd - Abbott Rd
- Street #
- 7230
- Street Name
- Basel
- Arterial
- Street
- Closest USPS Town
- Anchorage
- State
- AK
- Zip Code
- 99507
Property Info
- Realtor.com Type
- Multi-Family
- Construction Status
- Existing Structure
- Beds
- 10
- Bathrooms Full
- 6
- Bathrooms Total
- 6
- Bldgs-Ttl #
- Yes
- Year Built
- 1984
- SF-Res
- 3828
- Number of Units
- 3
- SF-Lot
- 10400
- Acres
- 0.24
- Garage Spaces
- Yes
- Prkg Spcs
- 8
- Lot Area Source
- Tax Authority
- Zoning
- R2M - Multi Family Residential
- Bathrooms Half
- 0
- Bathrooms Three Quarter
- 0
- Carport Spaces
- 0
Directions and Remarks
- Directions
- From Lake Otis go west on E 72nd Ave, turn left on Basel Street.
Building Info
- Units-# of 3 BR
- 2
- Units- # of 4+ BR
- Yes
More Information
Mortgage Info
- EM Minimum Deposit
- Yes
Unit #1
- Bath - Full
- 2
- Bedroom
- 3
- Dining Room
- Yes
- Kitchen
- Yes
- Parking Spaces
- 3
Unit #2
- Bath - Full
- 2
- Bedroom
- 4
- Kitchen
- Yes
- Living Room
- Yes
- Parking Spaces
- 4
Unit #3
- Bath - Full
- 2
- Bedroom
- 3
- Dining Room
- Yes
- Kitchen
- Yes
- Living Room
- Yes
- Utility Room
- Yes
- Garage
- Yes
- Parking Spaces
- 2
Location, Tax and Legal
- Region
- 1 - Southcentral Alaska Region
- Borough/Census Area
- 1A - Anchorage Municipality
- Grid # (Muni Anch)
- SW2133
- Tax Map #-Mat-Su
- N/A
- Legal
- Rosewood Park Est L9 B1
- School-Elementary
- Abbott Loop
- School-Middle
- Hanshew
- School-High
- Service
Multi-Family Type
- Triplex
- Yes
Listing Terms Financing
- Assumable
- Yes
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- VA Loan
- Yes
Exterior Finish
- Wood
- Yes
Heating
- Baseboard
- Yes
- Natural Gas
- Yes
Roof Type
- Shingle
- Yes
Construction Type
- Block
- Yes
Foundation Type
- Block
- Yes
Wtrfrnt-Access Near
- None
- Yes
Garage Type
- Attached
- Yes
Wtrfrnt-Frontage
- None
- Yes
Flooring
- Carpet
- Yes
- Luxury Vinyl
- Yes
- Tile
- Yes
Sewer-Type
- Public Sewer
- Yes
Water Source
- Public
- Yes
Access Type
- Paved
- Yes
- Maintained
- Yes
Features-MultiFamily
- Tenant Storage
- Yes
- Vaulted Ceiling(s)
- Yes
- Washer/Dryer
- Yes
- Washer/Dryer HkUp
- Yes
Income & Expenses
- Exp-Elec/Yr Avg
- 270
- Exp-Gas/Yr Avg
- 378
- Exp-Refuse/Yr Avg
- 70
- Exp-Wtr/Swr/Yr Avg
- 166
Disclosure of Conflict of Interest ›