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12 Apartments: Two Six Plexes with Garage

1428 & 1435 West 25th St Mid-town Anchorage $360,000 (Past Listing, for illustrative purposes only)

Here's an opportunity for an owner with experience in making management improvements! Priced accordingly, these two six-unit apartment buildings have too much deferred maintenance for this out-of-state owner to want to resolve. She inherited this property on the death of her father, the builder of the apartments in the 1960's. The roofs need work and the apartments need updating. There's lots of upside potential here.

>Some advantages include a group of long-term tenants and a resident manager who has been on-site for seven years. There is a garage on the property, an unusual item for this type of property and a real benefit for a resident owner.

Located in mid-town Anchorage between Spenard Road and Minnesota, there's easy public transportation to downtown Anchorage. Shopping is within walking distance, as are Romig Jr. High and West High.