Listing Courtesy of: Allisha Sena - Tanner Group Premier Real Estate
907-232-8607
$465,000
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11542 Borealis Street Eagle River, AK 99577
Multi-Family
Residence
5
Beds
2
Baths
2,100
Sq. Ft.
0.19
Acre
Lot
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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 stora...ge 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.
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MLS#
24-14123
Property Type
Multi-Family
Bedrooms
5
Bathrooms
2 Full
Year Built
1960
Square Feet
2,100
sq. ft
Lot Size
0.19
Sewer
Public Sewer
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