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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

    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.

    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#: 24-2149MLS Logo

    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
    Services availability