SOLD

1500 W 42nd,
Anchorage AK 99503

Multi-Family
Other
4Bd 2.0Ba n/a Sq. Ft
17-4074
MLS ID
17-4074
Property ID
  Listing Office: Hugh J. Wade - SPIRE COMMERCIAL
Up and Down Duplex. Separate driveway for each unit. Duplex has been professionally managed. Established, nice tenants. Washer/Dryer in each unit. Central location. Well-maintained. Big Lot. Historical financial data for property is available from listing licensee. SHOWINGS MON-FRI ONLY WITH 48 HOUR NOTICE (SO WE CAN NOTIFY TENANTS.) NO WEEKEND SHOWINGS.$1,200 rent for each unit.

LISTING INFORMATIONActive Closed Pending Sold Under Contract
Originating MLS:
Source MLS: Alaska Multiple Listing Service Inc

MLS #
Property ID
17-4074
Property Type
Multi-Family, Other
Bedrooms
4
Municipality
County
Anchorage Municipality
Bathrooms
2
Lot Size
0.16 Acres
Year Built
1952
Water
Public Water Service
Sewer
Public Sewer
Water
Public Water Service
Sewer
Public Sewer
Units
2 Total
School Information
Elementary
WILLOW CREST
Middle
ROMIG
High
WEST ANCHORAGE
Room Information

Interior Features
Gas Heat
3
Exterior / Lot Features
5 Parking Spaces,
Financial Considerations
0102113100001
$3,507
2016
  Hugh J. Wade -  SPIRE COMMERCIAL - IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and , Copyright 2016 Realcomp II Ltd. Shareholders
Listing Courtesy of: Hugh J. Wade - SPIRE COMMERCIAL
Price History
Listing Price History for 1500 W 42nd
Price History
Date
Event
Price
Source
06/13/2017
Warranty Deed
$0
Public Records
04/22/2017
Pending
$280,000
MLS
04/20/2017
Active
$280,000 -1.72%
MLS
04/13/2017
Active
$284,900 -1.72%
MLS
04/06/2017
Active
$289,900 -1.70%
MLS
03/27/2017
Active
$294,900
MLS
05/07/2010
Grant Deed
$0
Public Records
Tax History
Year
Property Taxes
Change
Tax Assessment
Change
2017
$3,732
$238,300
2016
$3,507
$235,500
2015
$3,457
$235,200
2014
$3,282
$219,100
2013
$3,258
$209,400
Source: Public Records
Average High Rent $2,420/mo.
Average Median Rent $2,177/mo.
Average Low Rent $1,650/mo.

Rent estimates based on 60 comparable rental listings with matching bedrooms and approx. size in 2 mile radius.

Rental Data Provided by Rent Range

Purchasers are required to conduct their own due diligence and validation.

 
Monthly Yearly
Est. Cash Flow
368.19 4418.23
Est. Cap Rate
  6.16
Est. Cash on Cash Return
  7.89
Est. Gross Yield
  9.05
NEARBY SCHOOLS
School Rating Out of 10
Grades
Distance
Public Schools
NR Continuation School
7-12
0.89 mi
7 Romig Middle School
7-8
1.08 mi
6 West High School
9-12
1.27 mi
NR Polaris K-12 School
K-12
2.27 mi
10 Northern Lights Abc K-8 School
K-8
2.80 mi
Private Schools
NR Holy Rosary Academy
K-12
1.15 mi
NR Faith Evangelical Lutheran School
K-8
2.49 mi
NR Lumen Christi
7-12
2.85 mi
NR Triple R School
11-12
3.48 mi
NR Gateway School & Learning Center
1-6
4.31 mi
Data Provided by GreatSchools.org
Drive Time
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Walk Score
People
Zip
City
County
National
Population
14,661
298,695
298,695
321,418,820
Population Density
709
175
175
89
People per Household
2.4
2.8
2.8
2.6
Median Age
34.3
32.6
32.6
37.4
Median Household Income
$46,123
$78,121
$78,121
$53,482
Average Income
$26,887
$36,508
$36,508
$28,555
Economy
Zip
City
County
National
Unemployment
5.70%
5.70%
5.70%
5.20%
Recent Job Growth
0.20%
0.20%
0.20%
1.60%
Future Job Growth
34.60%
34.60%
34.60%
38.00%
Sales Tax
0.00%
0.00%
0.00%
6.00%
Income Tax
0.00%
0.00%
0.00%
4.60%
Cost of Living Index
124.2
135.2
135.4
100
Environment
Zip
City
County
National
Altitude
95
215
2498
1443
Rainfall (inches annually)
18.5
21.7
21.3
39.2
Snowfall (inches annually)
82.1
112.5
107.3
25.8
January Avg. Low Temp
8.7
9.9
9.6
22.6
July Avg. High Temp
68
66.7
66.8
86.1
Days of Precipitation Annually
122
122
121
102
Days Mostly Sunny Annually
126
126
126
205
Comfort Index (during hot weather)
45
44
44
54
Broker: Viola Robinson
Viola.Robinson@xome.com
Broker: Jonathan Cerreta
Jonathan.Cerreta@xome.com
Xome Broker: Larry White Jr.
(602) 206-1262

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How Would You Like to Be Contacted?

Courtesy: SPIRE COMMERCIAL
Patrick G. "Gabe" Stephan, AK License #7676, Xome Inc., Entity #10010943, patrick.stephen@Xome.com, 844-400-9663 3801 Centerpoint Drive, Suite 200, Anchorage, AK 99503


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