1029 W 16th Avenue, Anchorage

$997,500

8 Beds
6 Baths
5,049 Sqft
.16 Acres
4 Garages

Location! Amazing one of a kind income producing back to back duplex in a prime downtown location with a distant view of the mountains. Walk to the best restaurants, shopping, Performing Arts Center and Chester Creek Trail is only a block away and connects to nearby Westchester Lagoon and the Coastal Trail. New 1.2 mil $ home built next door. Please see supplemental for additional description.The front unit is approximately 3,300 sf and has 5 bedrooms, 3 bathrooms and an oversized 2-car garage with a shop on the back. One of thebedrooms is conveniently located by the front door and was used as an office to run a small business. The back unit is approximately 1,800 sf and has 3 bedrooms, 3 bathrooms and a huge 2-car garage. Each unit has a sauna.
The back unit was recently remodeled with granite countertops, new sinks, toilets, grohe and hansgrohe faucets, nice carpet, paint throughout, modern light fixtures, new 6 panel doors, trim, and Samsung stainless steel appliances. The unit is renting as a successful vacation rental for the last three years. Rental income information is available upon request. Furniture can be included with sale.
The front unit was owner occupied, but is also renting as a successful vacation rental this summer. It faces south and has a distant view of the mountains. The unit has a designated space for the elevator if one would like to install.

Essential Information
MLS® #19-3748
Price$997,500
Bedrooms8
Bathrooms6.00
Square Footage5,049
Acres0.16
Year Built1983
TypeMulti-Family
Sub-TypeDuplex
StatusActive
Community Information
Address1029 W 16th Avenue
Area5 - Downtown Anchorage
CityAnchorage
StateAlaska
Zip Code99501
Subdivision

Martin and Welch (South Add) L4B B43C

Amenities
Parking Spaces10
# of Garages4
GaragesAttached
ViewCity Lights, Mountains
WaterfrontNone
Features

CO Detector(s), In City Limits, RV Parking, Tenant Storage, Vaulted Ceiling, Washer/Dryer HkUp, Trailside

Interior
HeatingBaseboard
Exterior
ExteriorWood
ConstructionWood Frame - 2x6
FoundationConcrete Block
Roof

Asphalt/Comp Shingle, Composition, Shingle

School Information
ElementaryInlet View
MiddleCentral
HighWest Anchorage
Additional Information
Date ListedMarch 19th, 2019
Days on Market208
ZoningR2D - Two Family Residential
Listing Details
Listing Office: Signature Real Estate Alaska
Property History
Price Reduced from $998,000 to $997,500
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Listing information last updated on October 14th, 2019 at 4:49am AKDT.

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