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    17398 W Parks Highway

    Houston, AK 99623
    • $349,900
    • STATUS: Active
    • ON SITE: 200 days
    • MLS #: 20-3321
    UPDATED: 34 min ago
    $349,900
    • 9
      BEDS
    • 0.75
      ACRES
    • 10
      BATHS
    • 1
      1/2 BATHS
    • 6,120
      SQFT
    • $57
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1977
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Awesome 6-plex with amazing 1620 square foot 3 bedroom, 3 bath home on the Little Susitna River. This is an incredible investment opportunity that doesn't come around often. This one will not last long!Incredible investment opportunity. Seller had a major situation occur that resulted in her not focusing on the property for a couple of years. When she was focusing on the property, she says that the vacancy rate was almost 0. She if now working to get units rented out but currently only has 1 renter. She is going through property and painting, updating, fixing windows, etc. now. The 6-plex used to be a 7-plex but she took 2 units and combined them into 1 larger unit. Unit 1 is an efficiency unit, it has rented for $500 in the past. Unit 2 is a 1 bedroom, 1 bathroom unit that has rented for $650 historically. Unit 3 is a 1 bedroom, 1 bathroom. It has new flooring. It has rented for $750 historically. Unit 4 is a large unit. It has two bathrooms and 2 bedrooms. It has historically rented for $850. Unit 5 is newly remodeled and historically has rented for $850. Unit 6 is a two story unit. It has 2 bedrooms, 2 bathrooms and new floors. The home is 1,620 square feet. There are 3 bedrooms. 2 on the 3rd floor and the master on the 1st floor. There are also 3 bathrooms. All plumbing, heating and hot water new in 2019. This home was a smaller home that was just recently added onto and completely remodeled, updated. The new foundation was also just put in when home was added onto. The property adjoins the Little Susitna River. There is an attached Property Analyzer that has estimated numbers based on the list price and historical expenses and rents. This is not a reflection of the property today, as there is only 1 rented unit currently. Seller is willing to sell for $395,000 if cash or financed. Seller is willing to owner finance for $425,000 with a minimum of $125,000 down payment.

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    DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than The Adrian Jaime Group | Keller Williams Realty Alaska are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing information was last updated on: 2020-09-29T05:39:48.213.
    www.anchoragealaskarealestate.com/homes/104099314
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    17398 W Parks Highway Houston, AK 99623

    • Price: $349,900
    • Status: Active
    • Updated: 34 min ago
    • MLS #: 20-3321
    9
    Beds
    10
    Baths
    1
    ½ Baths
    0.75
    Acres
    6,120
    SQFT
    $57
    $/SQFT
    1977
    Built
    Neighborhood:
    Houston
    Area:
    Houston
    Elementary School:
    Btv-Undiscl By Ll
    Middle School:
    Btv-Undiscl By Ll
    High School:
    Btv-Undiscl By Ll
    Property Description
    Awesome 6-plex with amazing 1620 square foot 3 bedroom, 3 bath home on the Little Susitna River. This is an incredible investment opportunity that doesn't come around often. This one will not last long!Incredible investment opportunity. Seller had a major situation occur that resulted in her not focusing on the property for a couple of years. When she was focusing on the property, she says that the vacancy rate was almost 0. She if now working to get units rented out but currently only has 1 renter. She is going through property and painting, updating, fixing windows, etc. now. The 6-plex used to be a 7-plex but she took 2 units and combined them into 1 larger unit. Unit 1 is an efficiency unit, it has rented for $500 in the past. Unit 2 is a 1 bedroom, 1 bathroom unit that has rented for $650 historically. Unit 3 is a 1 bedroom, 1 bathroom. It has new flooring. It has rented for $750 historically. Unit 4 is a large unit. It has two bathrooms and 2 bedrooms. It has historically rented for $850. Unit 5 is newly remodeled and historically has rented for $850. Unit 6 is a two story unit. It has 2 bedrooms, 2 bathrooms and new floors. The home is 1,620 square feet. There are 3 bedrooms. 2 on the 3rd floor and the master on the 1st floor. There are also 3 bathrooms. All plumbing, heating and hot water new in 2019. This home was a smaller home that was just recently added onto and completely remodeled, updated. The new foundation was also just put in when home was added onto. The property adjoins the Little Susitna River. There is an attached Property Analyzer that has estimated numbers based on the list price and historical expenses and rents. This is not a reflection of the property today, as there is only 1 rented unit currently. Seller is willing to sell for $395,000 if cash or financed. Seller is willing to owner finance for $425,000 with a minimum of $125,000 down payment.
    Exterior Features

    Access Type GravelMaintained Carport Spaces 0 Carport Type None Construction Type Wood Frame Exterior Finish Wood Foundation Type BlockPilingsUnknown-Btv Garage Type Attached Parking Spaces 10.00 Roof Type Metal Topography Level View Type River Waterfront Access Near None Waterfront Frontage River Waterfront Name Little Susitna River

    Interior Features

    Fuel Type ElectricOil Heat Type Other-See RemarksRadiant

    Property Features

    Borough Census Area 1D - Matanuska Susitna Borough Construction Status Existing Structure Foreclosure Bank Owned No Multifamily Type 5+ UnitsOther - See Remarks New Finance Terms CashConventionalOwner Finance Region 1 - Southcentral Alaska Region Sewer Type Septic Tank Water Type Private Zoning Ph - Parks Highway

    Listing Office Keller Williams Realty Alaska Group Of Wasilla. Copyright 2020 Alaska Multiple Listing Service, Inc. All rights reserved.
    DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than The Adrian Jaime Group | Keller Williams Realty Alaska are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing information was last updated on: 2020-09-29T05:39:48.213.
     
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    The Adrian Jaime Group | Keller Williams Realty Alaska
    101 W Benson Blvd. Suite 101
    Anchorage AK, 99503