Closed

17123 Coronado Road

Eagle River AK, 99577

Price upon request


Closed

12 Beds

8 Baths

5,280 sqft

Multi-family

Built in 1984

Listed by Justin L McGhee with Leasing Alaska

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 $1,690 per unit. 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.

24-2150

MLS ID

March 5, 2024

Listed

May 16, 2024

Updated

Map

17123 Coronado Road
Eagle River AK, 99577

Interior Features

Bedrooms

12


Total Bathrooms

8


Full Bathrooms

8


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Lot Size

0.15 Acres


Roof

Shingle


Sewer

Public Sewer

School Information

High School

Eagle River


Elementary School

Eagle River

Other Property Details

Area Name

1A - Anchorage Municipality


Garage

No


View

Yes


View Description

Mountain(s)


Water Source

Public


Pool

No


Zoning

CE-RO


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

5/16/2024

Sold

3/12/2024

Pending

3/6/2024

Active

Listing Contact:  

The IDX display contains information sourced from the Alaska Multiple Listing Service, Inc. (AK MLS) as of 5/16/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Alaska Multiple Listing Service, Inc. (AK MLS) all rights reserved.

Data last updated on 5/16/2024 at 8:05 AM UTC

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