PENDING
$360,000

4307 Cope,
Anchorage AK 99503

Multi-Family
Other
4Bd 4.0Ba n/a Sq. Ft
17-1374
MLS ID
17-1374
Property ID
  Listing Office: Glen Kratochvil - HERRINGTON AND COMPANY, LLC
This well-maintained duplex is a great opportunity for owner occupants and is ready to generate a stable income for investors. Don't let this one get away without taking a look.The upper unit received a facelift with new luxury vinyl flooring installed in 2017 and the laminate flooring and carpet in the lower unit were replaced in 2014.

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

MLS #
Property ID
17-1374
Property Type
Multi-Family, Other
Bedrooms
4
Municipality
County
Anchorage Municipality
Bathrooms
4
Lot Size
0.16 Acres
Year Built
2002
Construction
Block, Wood Frame
Water
Public Water Service
Sewer
Public Sewer
Foundation
Concrete Block
Water
Public Water Service
Sewer
Public Sewer
Available Utilities
DSL Available
Units
2 Total
School Information
Elementary
WILLOW CREST
Middle
ROMIG
High
WEST ANCHORAGE
Room Information

Interior Features
Carbon Monoxide Detector, Washer/Dryer
Laminate
Gas Heat,Baseboard
Exterior / Lot Features
4 Parking Spaces,
Asphalt Shingle
Shed, Extra Storage,In City
Driving Directions
From Tudor between Arctic and Minnesota, turn north onto Cope St and then the property will be on the right.
Financial Considerations
0102154100001
$5,139
2016
  Glen Kratochvil -  HERRINGTON AND COMPANY, LLC - IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and , Copyright 2016 Realcomp II Ltd. Shareholders
Listing Courtesy of: Glen Kratochvil - HERRINGTON AND COMPANY, LLC
Price History
Listing Price History for 4307 Cope
Price History
Date
Event
Price
Source
02/07/2017
Pending
$360,000
MLS
02/02/2017
Active
$360,000
MLS
10/13/2004
Grant Deed
$0
Public Records
07/12/2001
Deed of Trust
$0
Public Records
Tax History
Year
Property Taxes
Change
Tax Assessment
Change
2016
$5,139
$345,100
2015
$4,805
$326,900
2014
$4,639
$309,700
2013
$4,419
$304,000
Source: Public Records
Average High Rent $2,400/mo.
Average Median Rent $2,103/mo.
Average Low Rent $1,610/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
-132.68 -1592.12
Est. Cap Rate
  4.14
Est. Cash on Cash Return
  -2.21
Est. Gross Yield
  6.80
NEARBY SCHOOLS
School Rating Out of 10
Grades
Distance
Public Schools
NR Continuation School
7-12
0.63 mi
7 Romig Middle School
7-8
1.22 mi
NR S.A.V.E. High School
9-12
1.26 mi
NR Polaris K-12 School
K-12
1.97 mi
10 Northern Lights Abc K-8 School
K-8
2.49 mi
Private Schools
NR Holy Rosary Academy
K-12
1.17 mi
NR Faith Evangelical Lutheran School
K-8
2.17 mi
NR Lumen Christi
7-12
2.97 mi
NR Triple R School
11-12
3.23 mi
NR Gateway School & Learning Center
1-6
4.12 mi
Data Provided by GreatSchools.org
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Walk Score
People
Zip
City
County
National
Population
14,242
291,470
291,470
309,138,711
Population Density
689
171
171
88
People per Household
2.3
2.7
2.7
2.6
Median Age
36.5
32.9
32.9
37.2
Median Household Income
$46,122
$76,495
$76,495
$53,046
Average Income
$27,978
$36,145
$36,145
$28,051
Economy
Zip
City
County
National
Unemployment
5.00%
5.00%
5.00%
6.30%
Recent Job Growth
0.37%
0.37%
0.37%
1.18%
Future Job Growth
35.70%
35.70%
35.70%
36.10%
Sales Tax
0.00%
0.00%
0.00%
6.00%
Income Tax
0.00%
0.00%
0.00%
4.72%
Cost of Living Index
131
142.8
142.8
100
Environment
Zip
City
County
National
Altitude
95
215
2498
1443
Rainfall (inches annually)
17.2
17.2
20.4
36.5
Snowfall (inches annually)
76.3
76.3
86.1
25
January Avg. Low Temp
8.8
8.8
9.1
20.5
July Avg. High Temp
68
68
66.6
86.5
Days of Precipitation Annually
122
122
121
100
Days Mostly Sunny Annually
126
126
126
205
Comfort Index (during hot weather)
84
84
84
44
Broker: Viola Robinson
Viola.Robinson@xome.com
Broker: Jonathan Cerreta
Jonathan.Cerreta@xome.com
Xome Broker: Larry White Jr.
(602) 206-1262
Courtesy: HERRINGTON AND COMPANY, LLC
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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