1082 W 26th Ave sq. ft. Single-Family Home for sale in Anchorage, AK

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Rare 2004 20 plex in trendy Midtown area. Excellent condition with 7 units remodeled and 1 that is being completed. Strong rental history and excellent cash flow. 27 parking spots, 20 w/plugs for winter, 6 sets of coin-op washer/dryers (2 per floor). This is a low maintenance property.

Two Lochinvar Copper Fin II Boilers filling two Boiler Mate Water tanks, each with independent Circulating pumps. Boilers work as a team, one runs while the other remains in standby as a backup. There are two complete systems that act as a backup to one another. Two boilers, water tanks and circulating pumps. A computerized Circuit board switches them on a scheduled rotation and, if higher demand becomes necessary, the second boiler kicks in to aid the primary system. One system runs six months then switches to the other allowing for maintenance, cleaning or servicing of the system now in standby mode.

Apartments are clean well maintained and have good stable tenants. A good percentage of tenants pay early and very few are ever late or ask for a few more days to post rent when due. Any who make such a request have valid reasons and always pay when agreed.

The midtown area is fast becoming a trendy place to live, The variety of stores, shops and malls surrounding the area have many attractions that make living here fun and the "vibe" seems to hold a feeling that the area is alive with community events such as outdoor public squares and mobile food caravans that bring gatherings of the community together.

The building was built in 2004, practically a new building. One of the newest in Midtown. Low maintenance and a great tenant roster in a very aspiring and thriving part of Midtown makes for a good investment opportunity.

  • Price: $2,100,000
  • Square Feet: 15,469

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