Eagle River, AK 99577,11542 Borealis ST
Eagle River, AK 99577,11542 Borealis ST
Eagle River, AK 99577,11542 Borealis ST
Eagle River, AK 99577,11542 Borealis ST
Eagle River, AK 99577,11542 Borealis ST
Eagle River, AK 99577,11542 Borealis ST
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$ 465,000
Est. payment | /mo

5 Beds

2 Baths

2,100 SqFt


Save
$ 465,000
Est. payment | /mo
Save

5 Beds

2 Baths

2,100 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,100 sqft

Price per Sqft $221

MLS Listing ID 24-14123

Bedrooms 5

Full Baths 2

Construction Status Existing Structure

Originating Board Alaska Multiple Listing Service

Year Built 1960

Lot Size 8,230 Sqft

Acres 0.19

Property Description

Ranch style duplex located 2 minutes to downtown Eagle River and has no HOA and is ready for new owners!

This duplex is perfect for owner occupying or strictly as investment. The tenants love the private oasis so close to town. Fully fenced, landscaped front yard has a stunning greenhouse, 2 storage sheds, fire pit for those perfect summer nights, and a picnic table to share. The concrete Patio is beautifully stamped and adds an elegant touch to the community space.

The owners unit (larger unit) was remodeled with new flooring, interior paint, lighting, and appliances. This unit has a spacious living space with a cozy wood burning stove, and large windows that overlook the front yard. Access to the unit can be from the front or around the back. Most prefer the back as it creates a more private entrance.

The second unit is a touch smaller than the owners unit. The unit has been remodeled overtime including flooring, and appliances. Beautiful hickory cabinets with a tall pantry cabinet were added not just for style, but functionality. The tenant will love the additional storage!

Overtime, the duplex has been remodeled and updated to keep up with the times; to include but not limited to:

EPDM Roof installed 2020.

Community elements for the tenants to enjoy: Fire pit, green house, picnic table.

The shared laundry room which has fresh paint, flooring, and washer/dryer (1yo).

Unit A: interior paint, cabinetry + countertops, flooring, appliances, and lighting.

Unit B: interior paint, cabinetry + countertops, flooring, appliances, and lighting.

Operational Details:

Tenants are responsible for electric (metered separately), lawn care, and snow removal.

Owner pays for heat and water.

Unit A has a lease until September 30, 2025, $1,450.00.

Unit B is currently unoccupied so you have the ability to owner occupy or potentially rent upwards of $2000.00 (per recently closed comparisons). Unit B had been rented for $1,850.00.

Please do not disturb tenants; Unit A to be accessed upon executed contract.

Location

State AK

Area 90 - Eagle River

Zoning CE-R-2D Two Family

Direction From N Old Glenn, turn left onto Coronado Street, Duplex is located on the corner of Borealis Street and Coronado. Duplex access is located off Coronado.

Interior

Heating Natural Gas, Wood Stove

Flooring Linoleum, Carpet

Exterior

Garage None

Roof Type Rubber

Topography Level,Sloping

Parking Type None

Building

Lot Description Level, Sloping

Lot Size Range 0.19

Sewer Public Sewer

New Construction No

Construction Status Existing Structure

Schools

Elementary Schools Eagle River

Middle Schools Gruening

High Schools Chugiak

Others

Tax ID 0501533600001

Acceptable Financing AHFC, Cash, FHA, Conventional

Listing Terms AHFC, Cash, FHA, Conventional

Alaska MLS
Listed by Tanner Group Premier Real Estate
agent-avatar

+1(907) 315-1974

cinkota@allsolutionsrealestate.com

4300 B Street, Suite 106A, Anchorage, AK, 99503, United States

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11542 Borealis ST