221 Creekside Street, Anchorage, AK 99504

/221 Creekside Street, Anchorage, AK 99504
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221 Creekside Street, Anchorage, AK 99504

Multi-Family For Sale

221 Creekside Street

Anchorage, AK 99504

Sale Overview

Price:
$575,000
Property Type:
Multi-Family
Building Size:
1,962 SF
Year Built:
1955
Lot Size:
1 SF
Zoning:
R2M - Multi Family SF

Description

Investment opportunity in East Anchorage! Detached duplex on large 1.13-acre lot. Welcome to your next investment opportunity! Nestled in the heart of East Anchorage, this detached multi-family duplex is a hidden jewel, waiting for the savvy investor to seize its potential. Well kept and updated through the years, you'll appreciate the fresh flooring, interior paint, Trex decking and more! This property presents a rare entry-level investment opportunity, boasting not one, but two separate living units on a spacious 1.13 acre lot. The possibilities are endless with this versatile space, offering ample room for expansion or redevelopment to maximize your return on investment. The main house, a charming 1955 build, has been thoughtfully refreshed and features 2 bedrooms and 1 bathroom across 1062 square feet of living space. With its cozy layout and classic appeal, it offers the perfect blend of comfort and functionality for potential tenants or homeowners alike. But the real gem lies in the additional unit - added in 1966, a spacious 900 square foot studio-style apartment complete with a full kitchen and bath. Whether you choose to rent it out for additional income, house extended family members, or even convert it into a home office or studio space, the possibilities are limited only by your imagination. With 3 bedrooms and 2 baths in total, this property offers flexibility for a variety of living arrangements. Live in one unit and rent out the other to offset your mortgage, or utilize both units as income-generating rental properties for a steady cash flow stream. The choice is yours. Outside, the expansive 1.13 acre lot provides plenty of space for outdoor recreation, gardening, or even future expansion. Imagine hosting summer barbecues, gardening in the sunshine, or simply enjoying the peace and privacy of your own spacious yard. Conveniently located in East Anchorage, this property offers easy access to shopping, dining, entertainment, outdoor amenities, and JBER ensuring that both tenants and homeowners alike will enjoy a comfortable and convenient lifestyle. Don't miss out on this incredible opportunity to add a valuable asset to your investment portfolio. Whether you're a seasoned investor looking to expand your holdings or a first-time buyer eager to dip your toes into the world of real estate investment, this property is sure to exceed your expectations. Welcome to the world of real estate investment - your future starts here.

AKMLS Listing Office

EXP Realty, LLC

24-4034

Alaska MLS

DISCLAIMER: The listing content relating to real estate for sale or lease on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Northern Edge Realty, Infinity Commercial Real Estate Group and Ravenwood Real Estate are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing information was last updated on: 2024-07-15