Active
11542 Borealis Street
Eagle River AK, 99577
$465,000
$221.43 per sqft
Active
5 Beds
2 Baths
2,100 sqft
Multi-family
Built in 1960
Listed by Allisha Sena with Tanner Group Premier Real Estate
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 concretePatio 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.
24-14123
MLSⓇ ID
November 14, 2024
Listed
November 15, 2024
Updated
Map
11542 Borealis Street
Eagle River AK, 99577
Interior Features
Bedrooms
5
Total Bathrooms
2
Full Bathrooms
2
Interior Features
Storage
Laundry Description
Common Area
Floor Description
Carpet, Linoleum
Fireplace
Yes
Fireplace Description
Fire Pit
Cooling
No
Heating
Yes
Exterior/Building Features
Lot Size
0.19 Acres
Roof
Rubber
Sewer
Public Sewer
School Information
High School
Chugiak
Elementary School
Eagle River
Other Property Details
Area Name
1A - Anchorage Municipality
Garage
No
Parking
No Carport, No Garage
View
No
Water Source
Shared Well
Pool
No
Zoning
CE-R-2D
Listing Contact:
The IDX display contains information sourced from the Alaska Multiple Listing Service, Inc. (AK MLS) as of 11/15/2024. 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.
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Data last updated on 11/15/2024 at 6:39 PM UTC
