Fully renovated & low-maintenance 12plex in a great pocket of Spenard. All units had a stud-out remodel in '23-'24. Featuring new windows/sliding doors, upgraded electrical lines, new 4'' plumbing lines, appliances & all cosmetics. The property offers a balanced mix of eight 2-bedroom and four 1-bedroom units, positioning it well for stable occupancy. 2&3 floor units offer private WDs & Balconies. Only 5 minutes from the Ted Stevens Intl Airport "The busiest cargo airport in the US". 100% occupied & professionally managed.
Onsite, heated&secure storage units for all tenants. Lower units have shared WDs. Roofs resurfaced in 2023, 3 of the 4 water heaters replaced in 2023/2024, and boilers have been well maintained. Rent roll (with scheduled increases) $20K /month with creditworthy tenants in place. Utilities currently included in rent, with room for future rental increases. Excellent location with nearby trail access, dining, and conveniences, 5 minutes from the airport. Buyer to verify all information. Contact listing office for a marketing package.