16802 Park Place ST, Eagle River, AK 99577
16802 Park Place ST, Eagle River, AK 99577
16802 Park Place ST, Eagle River, AK 99577
16802 Park Place ST, Eagle River, AK 99577
16802 Park Place ST, Eagle River, AK 99577
16802 Park Place ST, Eagle River, AK 99577
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$ 464,900
Est. payment | /mo

8 Beds

4 Baths

2,464 SqFt


Save
$ 464,900
Est. payment | /mo
Save

8 Beds

4 Baths

2,464 SqFt

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 2,464 sqft

Price per Sqft $188

MLS Listing ID 26-6237

Bedrooms 8

Full Baths 4

Construction Status Existing Structure

Year Built 1966

Annual Tax Amount $8,030

Lot Size 0.310 Acres

Acres 0.31

Source Alaska Multiple Listing Service

Property Description

Priced below assessed value! Long term, reliable tenants on monthly agrments. Well maintained 4-plex in central Eagle River close to shopping, dining & amenities. Metal roof, vinyl siding, carport roofing updated, newer windows, newer water heater, newer water tank, newer well pump, gutters & downspouts, smoke & CO detectors. These units are currently rented below market value at $950. No laundry. On site property manager occupies Apt 4. Apt 4 updated in 2024 w/new stove, kitchen cabinets, bathroom & more!

24 hour notice to show firmly enforced. Only Apt 4 will be shown prior to written notice of intent or offer with Earnest Money.

No laundry.

Units 1, 2, 3 were not updated in 2024; units are dated but functional.

The units across the driveway, under different owner, bring in $1650/mo rents.

Buyer must acknowledge shared well agreement; neighboring property owner has been notified that we recommend writing an amended agreement at time of sale. Copy attached for review. Currently these two properties are operating on a mutual agreement by some shared expenses such as trash, water and plowing.

No for sale sign posted.
Please do not disturb tenants.

Zoned Residential Office (RO) - imagine the possibilities!

Location

State AK

Area 90 - Eagle River

Zoning CE-RO Residential Office

Direction Center of Eagle River on Old Glenn to Park Place. No sign. Do not disturb tenants - park at rear by dumpster once a showing appointment is confirmed.

Interior

Flooring Carpet, Linoleum

Exterior

Parking Features Detached

Garage Spaces 1.0

Garage Description 1.0

Waterfront Description None

View Mountains, Territorial

Roof Type Metal

Topography Level

Building

Lot Description Level

Foundation Unknown - BTV

Lot Size Range 0.31

Sewer Public Sewer

New Construction No

Construction Status Existing Structure

Schools

Elementary Schools Eagle River

Middle Schools Gruening

High Schools Chugiak

Others

Tax ID 050123130001

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Alaska MLS
Listed by Realty ONE Group Aurora
NEARBY SCHOOLS & PROPERTIES
Liz Percy
Liz Percy

Agent | License ID: 141133

+1(907) 313-9627 | liz@ihearthomesak.com

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16802 Park Place ST