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4004 Cope Street, Anchorage, AK 99503

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For Sale

$635,000

9 beds • 4 baths • 4,208 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • $150.90
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Large, well maintained Midtown 4 plex with long term tenants. Fully rented. Updated regularly. Secured Building Entrance. Fully fenced yard for privacy with a vegetable garden and fruit trees. Each unit has it's own storage unit. Coin-Op Laundry. The seller is, slowly, increasing the rents. They are currently (8/29/2024) at Unit #1 $1,000.00 Unit #2 $1,200.00 Unit #3 $1,125.00 Unit #4 $1,375.00 Total: $4,800.00 The current rental market value in that area for 2 bdrm apts is $1,400.00 and $1,700.00 for 3 bdrms, which would be $5,900.00 unless it's owner occupied. On a seperate note, the in the owners expenses, he lists the Taxes & Insurance as expenses ($1,089.00 & $9,388.00) which, for him are expenses because the building is paid for. The new owner wil likely have a mortgage and those will be included in that monthly pmt. Thank you!
MLS# 24-6757

Courtesy Of RE/MAX Dynamic Properties

(907) 865-4700

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Floor Covering
    Carpet
  • Heating System
    Baseboard
  • Lot Size
    0.17 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 4004 Cope Street, Anchorage, AK 99503

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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