1027 Nelchina Street, Anchorage, AK 99501
Local realty services provided by:CENTURY 21 Realty Solutions
1027 Nelchina Street,Anchorage, AK 99501
$429,000
- 4 Beds
- 5 Baths
- 2,337 sq. ft.
- Multi-family
- Active
Listed by: james cash
Office: real broker wasilla
MLS#:26-11445
Source:AK_AMLS
Price summary
- Price:$429,000
- Price per sq. ft.:$183.57
About this home
Fully occupied 5-plex offering immediate rental income in a convenient Anchorage location! All five units are currently rented, generating $4,680/month and $56,160 in gross scheduled annual income. Several units have been updated in recent years, including remodeled Units 2 and 5 and additional improvements to Unit 4. Property offers off-street parking, individual unit entrances, and a long history as an income-producing property.
Current rents are $880, $1,100, $850, $850 and $1,000 per month, providing an investor with established income from day one while offering potential future upside as units turn over and rents are adjusted over time.
An excellent opportunity for an investor looking for an established multifamily property with 100% occupancy and value-add potential in the Anchorage market.
Buyer to verify all information, including rents, leases, expenses, zoning/use, financing eligibility and Letter of Non-Conforming Rights.
Contact an agent
Home facts
- Year built:1953
- Listing ID #:26-11445
- Added:51 day(s) ago
- Updated:October 26, 2026 at 02:43 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:5
- Full bathrooms:5
- Living area:2,337 sq. ft.
Structure and exterior
- Year built:1953
- Building area:2,337 sq. ft.
- Lot area:0.16 Acres
Schools
- High school:West Anchorage
- Middle school:Central
- Elementary school:Fairview
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$429,000
- Price per sq. ft.:$183.57
- Tax amount:$2,462
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