801 & 803 E 12th Avenue, Anchorage

  • Price$850,000
  • Beds12
  • Baths12
  • Sq. Ft.8,256

Great opportunity for positive cash flow! Well maintained property with many units updated. All 1 BR, 1 bath units with surprisingly large rooms and good storage, the type of properties in high demand for clients participating in AHFC's Public Housing Voucher Program (information attached in documents tab). Extensive pictures of exteriors and interiors of unoccupied units attached in photos tab.Buildings offered as a package (MLS # 19-13771) or individually, MLS 19-13769 and 19-13770. In building 803, units 1,2,4 and 6 are vacant and updating has been completed. Unit 3 in building 803 is currently undergoing renovation, but is vacant and can be viewed as desired. In building 801, units 4 and 5 are vacant, updating completed and can be viewed. All other units are currently occupied -- any offers should be made subject to inspection of the occupied units after initial agreement. Licensees: There is a lockbox for each building on the metal railing next to the security entrance for each building. For building 801, all keys that are needed to enter the building and show units 4 and 5 are in the lockbox. For building 803, the key to the security door and to unit 4 are in the lockbox. The keys to the other vacant units in this building, as well as a common key for the utility room in each building, are on the island/breakfast bar in unit 4. Please return these keys where you found them after showing. Ample off-street parking on the front E 12th Avenue side as well as the rear alley access side. Low maintenance metal siding in good condition for both buildings. Each building has an electronic monitored fire alarm system that ties into the two smoke alarms in each unit. High-efficiency boiler installed in 801 E 12 eight years ago. Two new hot water heaters recently installed in 803 E 12.

Essential Information

  • MLS® #19-13771
  • Price$850,000
  • Bedrooms12
  • Bathrooms12.00
  • Square Footage8,256
  • Acres0.32
  • Year Built1971
  • TypeMulti-Family
  • Sub-Type5+ Units, Apartment Style
  • StatusActive

Amenities

  • FeaturesCO Detector(s), DSL-Cable Available, In City Limits, Laundry Facility, Shed, Smoke Detector(s), Washer/Dryer
  • Parking Spaces12
  • GaragesNone
  • WaterfrontNone

Exterior

  • ExteriorMetal
  • RoofAsphalt/Comp Shingle, Shingle
  • ConstructionWood Frame - 2x4
  • FoundationConcrete Block

Additional Information

  • Days on Market103
  • ZoningR4 - Multiple Family Residential

Community Information

  • Address801 & 803 E 12th Avenue
  • Area5 - Downtown Anchorage
  • SubdivisionThird Addn L7B & L8A B18B
  • CityAnchorage
  • StateAlaska
  • Zip Code99501

Interior

  • HeatingBaseboard

School Information

  • ElementaryFairview
  • MiddleCentral
  • HighWest Anchorage

Listing Details

  • Listing Agent:Dave Rietze
  • Listing Office:Real Estate Brokers Of Alaska
Please provide a valid email address.

DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the Alaska Listing ExchangeSM (ALE) of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than RE/MAX Dynamic Properties are marked with either the listing brokerage's logo or the ALE 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.

Listing information is updated daily.

Copyright 2019 Alaska Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on November 18th, 2019 at 11:26pm AKST.