7241 Michelin Place, Anchorage

  • Price$415,000
  • Beds9
  • Baths5
  • Sq. Ft.4,029

Very large triplex building with easy access to make a fourth efficiency unit in the building for added income. The upstairs owner unit is a amazing 2,000 feet in size with a master suite, two bedrooms and extra bath and laundry. The other two units are at present a three bedroom with one bath and a two bedroom with one bath. The third bedroom for unit one can be added back to the unit for a thirdbedroom and second bath. Or be made into an efficiency as a fourth unit. All units except the possible efficiency have washers and dryers in each unit. This property has great potential and the income should be in the $4,700 range with the fourth unit added. With the three units only in the $3,800 - $4,000 range. The building needs general repairs in all the units with flooring, paint with the exception of unit 1 which is in good condition with a long term renter. There is ample parking on each end of the building for occupants. There is a workshop slash large shed on the left of the building. This could be removed and a garage added. Owner will entertain health and safety repairs. This is an estate sale. There is a home inspection available to perspective buyers. A new roof will be installed a week before closing with the right agreed upon offer.

Essential Information

  • MLS® #19-3173
  • Price$415,000
  • Bedrooms9
  • Bathrooms5.00
  • Square Footage4,029
  • Acres0.21
  • Year Built1982
  • TypeMulti-Family
  • Sub-TypeTri-Plex, Up and Down
  • StatusActive

Amenities

  • FeaturesWasher/Dryer, Washer/Dryer HkUp, CO Detector(s), Fixer-Upper, Smoke Detector(s), Shed
  • GaragesNone
  • WaterfrontNone

Exterior

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

Additional Information

  • Days on Market88
  • ZoningR2M - Multi Family Residential

Community Information

  • Address7241 Michelin Place
  • Area15 - W Tudor Rd - Dimond Blvd
  • SubdivisionKwik Log L22A B3
  • CityAnchorage
  • StateAlaska
  • Zip Code99518

Interior

  • HeatingBaseboard

School Information

  • ElementaryTaku
  • MiddleRomig
  • HighWest Anchorage

Listing Details

  • Listing Agent:Barbara L Huntley
  • Listing Office:Keller Williams Realty Alaska Group
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Listing information last updated on June 26th, 2019 at 7:34am AKDT.