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17119 Coronado RD Eagle River, AK 99577
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Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,280 sqft
Price per Sqft $142
MLS Listing ID 24-2149
Bedrooms 12
Full Baths 8
Year Built 1984
Lot Size 6,521 Sqft
Property Description
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 un it. 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.
Location
State AK
Area 90 - Eagle River
Zoning CE-RO Residential Office
Interior
Heating Radiant
Exterior
Parking Features None
Roof Type Shingle
Building
Sewer Public Sewer
New Construction No
Schools
Elementary Schools Eagle River
Middle Schools Gruening
High Schools Eagle River
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Bought with EXP Realty, LLC Anchorage