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$ 400,000
$ 400,000
6 Beds
3 Baths
2,240 SqFt
$ 400,000
$ 400,000
6 Beds
3 Baths
2,240 SqFt
Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,240 sqft
Price per Sqft $178
MLS Listing ID 26-3961
Sold Date 08/10/26
Bedrooms 6
Full Baths 3
Construction Status Existing Structure
Year Built 1978
Lot Size 0.910 Acres
Acres 0.91
Property Sub-Type Triplex
Source Alaska Multiple Listing Service
Property Description
The building features three separate units totaling 2,240 sq ft, with 6 bedrooms and 3 full bathrooms across varying unit sizes. Currently, two units are rented on month-to-month leases, providing immediate income with flexibility. The property already generates over $2,400/month, with the owner's unit vacant upon closing--presenting a clear upside to increase total rents by approximately $1,800/month when fully leased.
Investors will appreciate the solid rental history, consistent demand, and strong income potential, while owner-occupants can take advantage of living in the larger unit while offsetting expenses.
Additional highlights include:
8 dedicated parking spaces
Creek frontage on Fish Creek
Close proximity to Big Lake and Big Lake Airport
Flexible unit mix with value-add potential
Proven cash-flowing asset with room to grow
Whether you're looking to expand your portfolio or step into an owner-occupied investment, this property delivers a rare combination of location, income, and future upside.
Location
State AK
Area Bg - Big Lake
Zoning UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston
Direction West on Parks Hwy Left onto Big Lake Road Left on to S Oscar Anderson Road House is on the Right
Interior
Heating Electric, Forced Air, Natural Gas
Exterior
Parking Features None
Waterfront Description Creek
Water Access Desc Private
View Lake, Partial, River
Roof Type Composition,Shingle,Asphalt
Topography Level
Building
Lot Description Level
Foundation Block
Lot Size Range 0.91
Sewer Septic Tank
Water Private
New Construction No
Construction Status Existing Structure
Schools
Elementary Schools Big Lake
Middle Schools Houston
High Schools Houston
Others
Tax ID 6115000T00A
Acceptable Financing AHFC, Cash, Conventional, FHA, VA Loan
Listing Terms AHFC, Cash, Conventional, FHA, VA Loan
Bought with Alaska Property Managers
Nearby Locations
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