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 unit. 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 to any investment portfolio, offering a solid blend of income stability and growth potential in Eagle River's thriving rental market. Capitalize on this unique opportunity to invest in a property that promises both immediate returns and long-term value appreciation.
Sold on 04/17/24
Price Unknown
17119 Coronado Rd, Eagle River, AK 99577
12beds
5,280sqft
Quadruplex
Built in 1984
-- sqft lot
$791,400 Zestimate®
$--/sqft
$1,805 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 15, 2024 at 07:11pm
Listed by:
Justin L McGhee,
Cornerstone Realty
Bought with:
Unity Home Group
EXP Realty, LLC Anchorage
Source: AKMLS,MLS#: 24-2149

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Radiant
Appliances
- Included: Washer/Dryer
Features
- Has basement: No
Interior area
- Total structure area: 5,280
- Total interior livable area: 5,280 sqft
Property
Parking
- Parking features: No Garage
Features
- Waterfront features: No Access, None
Lot
- Size: 6,534 sqft
Details
- Parcel number: 0501236000001
- Zoning: CE-RO
- Zoning description: Residential Office
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Siding, Frame
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1984
- Major remodel year: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Eagle River