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16425 Farm Avenue, Eagle River, AK 99577

$3,040,000
Property Type: Multi-Family Bedrooms: 30 Baths: 20 Square Footage: 12,615 Lot Size (sq. ft.): 24,360 Status: Closed
Current Price: $3,040,000 Last Modified: 10/09/2024

Description

Rare opportunity to own a brand new 15 unit multi-family in downtown Eagle River. Each unit has 2 bedrooms, 1 full bath with in-unit laundry. 5 top floor units all have vaulted ceilings and an extra half bath! Solid wood cabinets, stainless steel appliances, solid surface counter tops and LVP floors throughout. In-floor radiant heat and vinyl siding makes these units almost maintenance free!

More Information MLS# 23-13404

Contract Info

Foreclosure/Bank Own: No Price-List: 3040000 Date-Listing: 2023-11-08 Status: Closed

Location, Tax and Legal

Region: 1 - Southcentral Alaska Region Borough/Census Area: 1A - Anchorage Municipality Grid # (Muni Anch): NW0251 Tax Map #-Mat-Su: N/A Legal: W. G Pippel L5 B4 School-Elementary: Fire Lake School-Middle: Mirror Lake School-High: Chugiak

Property Info

Realtor.com Type: Multi-Family Construction Status: Under Construction Gen Contr/Owner Bldr: General Contractor Bathrooms Half: 5 Bathrooms Three Quarter: 0 Bathrooms Full: 15 Bathrooms Total: 20 Bldgs-Ttl #: 1 Acres: 0.56 SF-Lot: 24360 Lot Area Source: Tax Authority Zoning: CE-R-3 Multifamily Residential Garage Spaces: 0 Carport Spaces: 0 Prkg Spcs: 30 Beds: 30 Year Built: 2024 SF-Res: 12615 Number of Units: 15

Directions and Remarks

Directions: Old Glenn, east on Farm Ave, property on the right

Multi-Family Type

Up and Down: 1 5+ Units: 1 Other - See Remarks: 1

General Contractor

Contractor/Bldr Name: Byler Contracting Contractor License #: 16384 Res Const Endorse #: RESR1642

Building Info

Builder Name & Co: Byler Contracting Units- # of 2 BR: 15

Listing Terms Financing

Cash: 1 Conventional: 1

Exterior Finish

Vinyl: 1

Heating

Natural Gas: 1 Radiant: 1 Radiant Floor: 1

Topography

Level: 1

Roof Type

Asphalt: 1 Composition: 1 Shingle: 1

Construction Type

Wood Frame - 2x6: 1

Foundation Type

Block: 1 Poured Concrete: 1

View Type

Mountains: 1 Territorial: 1

Wtrfrnt-Access Near

None: 1

Garage Type

None: 1

Wtrfrnt-Frontage

None: 1

Carport Type

None: 1

Flooring

Carpet: 1 Luxury Vinyl: 1

Sewer-Type

Public Sewer: 1

Access Type

Dedicated Road: 1 Paved: 1 Maintained: 1

Mortgage Info

EM Minimum Deposit: 50000

Features-MultiFamily

CO Detector(s): 1 DSL-Cable Available: 1 In City Limits: 1 Smoke Detector(s): 1 Vaulted Ceiling(s): 1 Washer/Dryer: 1 Washer/Dryer HkUp: 1 Paved Driveway: 1

Sold Info

Date-Pending: 2023-11-08 Date-Closing: 2024-10-08

Location Tax and Legal

Area: 90 - Eagle River Street #: 16425 Street Name: Farm Arterial: Avenue Closest USPS Town: Eagle River State: AK Zip Code: 99577

Property Features

Multi-Family Type: Up and Down; 5+ Units; Other - See Remarks Exterior Finish: Vinyl Roof Type: Asphalt; Composition; Shingle Foundation Type: Block; Poured Concrete Construction Type: Wood Frame - 2x6 Garage Type: None Carport Type: None Heating: Natural Gas; Radiant; Radiant Floor Sewer-Type: Public Sewer Access Type: Dedicated Road; Paved; Maintained View Type: Mountains; Territorial Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: CO Detector(s); DSL-Cable Available; In City Limits; Smoke Detector(s); Vaulted Ceiling(s); Washer/Dryer; Washer/Dryer HkUp; Paved Driveway Flooring: Carpet; Luxury Vinyl Listing Terms Financing: Cash; Conventional
Listing Office: RE/MAX Dynamic Properties - Eagle River Branch
IDX
Last Updated: October - 09 - 2024
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 site owner are marked with 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. Site contains live data.
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