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Feature Property - Spacious Fourplex!

$425,000

Photo of 116 Friendly St, Anchorage, AK, 99504.

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Address: 116 Friendly St	City/ST: Anchorage, AK	Zip Code: 99504
Location: Anchorage	Property Type: Multi Family Home	New or Resale: Resale
Square Footage: 4095	Bedrooms: 8	Bathrooms: 4
MLS# 10-571	Property Tax: 5318

Spacious 4plex next to Centennial Park. All units are 2 bedrms, 1 bath, w/d in each unit. Park Setting with Fenced Yard. For investors - CASH FLOW with 25% down and earn a little over 10K a year. For owner occupy - pay as little as $280 a month with 3.5% down (cheaper than rent)

Last Updated: 1/25/2010 5:12:53 PM

Listing Agent and Office: Debbie Higbee, Keller Williams

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Home Inspections >If It Is Broken Fix It

Most houses have a few "little" problems, like leaking faucets, a stove burner that won't light, or electrical outlets with too much "spark". These defects may not seem very important--unless your house is about to go on the market.

We rarely have difficulty getting sellers to agree to paint, replace worn carpets or plant a few flowers in the front yard. These kinds of repairs obviously increase the overall appeal of the property. However, if any of the major systems in your home need maintenance, it is also prudent to have the necessary repairs made. Have your furnace, central air-conditioning system, plumbing and wiring checked as part of your pre-marketing efforts. The best rule is--if it's broken, fix it!

The purchase agreement requires that a house be conveyed with all the systems in working order, and most buyers will bring in a home inspector to identify any potential problems. During the period of time between the "meeting of the minds" and the removal of the inspection contingencies, the buyers are the most vulnerable to an attack of buyer's remorse. This is also the time when anything that hasn't been repaired could become a major issue.

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Q	What was the greatest land grant ever given to an English subject?
A	William Penn arrived in October, 1682, to take over his enormous grant that later became Pennsylvania and Delaware.
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Ranna & Associates, REALTOR�, real estate agent and broker for Anchorage, Eagle River and Wasilla, Alaska home listings, property and land for sale - NUMBER1EXPERT

Ranna Fekrat
Keller Williams Realty Alaska Group
101 Benson Suite 503
Anchorage, AK 99503
907-441-5815
Fax: 907-865-6565
rannafekrat@NUMBER1EXPERT.com

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