16 days on rocket

409 W Northern Lights Blvd, Anchorage, AK, 99503

$2,350,000

Home List Price

$10,000*

Closing Credit

10 Bedrooms
10 Full Baths, 2 Partial
14,200 SqFt
$165/SqFt
Multi

Location

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409 W Northern Lights Blvd, Anchorage$2,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Garage2 spaces
Year Built1964
HeatingBaseboard
MLS #24-14671
Lot Size0.74 Acres
StatusActive

About 409 W Northern Lights Blvd

Excellent cash flow from long-term tenants at this AAA location mixed-use investment. The property includes retail, office, shop, and 2nd-floor residential units-newly remodeled with strong lease history and meticulous maintenance. Vacant lot included currently used for snow storage. Priced to sell at $2.35M (8.4% Cap Rate). Please don' disturb tenants, see package attached. Financials available.

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Living Area: 14,200 SqFt

Listing Office:

  • Office Name: Jack White Commercial
  • Office Phone: (907) 563-5500

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 10
  • Total Bedroom Count: 10

Exterior Features

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot Size: 0.74 Acres

Utilities

Utilities Information:

  • Heating: Baseboard

Other

Directions Information:

  • Directions: North side of Northern Lights just west of Blueberry.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,350,000
  • Price Per SqFt: $165/SqFt
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Housing Market Comparison

See how this home compares to others in Anchorage, AK.

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Anchorage, AK

City

Med. List Price

$396.9K

Med. Price/SqFt

$209

Avg. Days On Market

75

# of Sold Homes

211

409 W Northern Lights Blvd vs Anchorage

16 DAYS ON ROCKET

-59 Days

$2,350,000

+$1.9M More

$165/SqFt

-$44 Less

KEY TAKEAWAY

This property is $1.9M more than the Median List Price and $44/SqFt less than other homes in Anchorage, AK.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Alaska Multiple Listing Service
  • MLS Number: #24-14671

Listing Office:

  • Office Name: Jack White Commercial
  • Office Phone: (907) 563-5500

IDXThe listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than this broker are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage.

All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. All square footages are approximations. School boundaries are subject to change. Information is not guaranteed and should be independently verified for accuracy.

Copyright 2024 Alaska Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 7:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$11.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,112

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-766334
4
/10

  • North Star Elementary School

  • 605 W Fireweed Ln

  • 0.33 miles

  • Public District Grades PK-6

school-card-donut-766335
7
/10

  • Aquarian Charter School

  • 1705 W 32nd Ave

  • 0.91 miles

  • Public Charter Grades KG-6

school-card-donut-766336
3
/10

  • Willow Crest Elementary School

  • 1004 W Tudor Rd

  • 1.14 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,216. The majority of Anchorage, AK residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Alaska›Anchorage County›Anchorage›99503›409 W Northern Lights Blvd

This home is located at 409 W Northern Lights Blvd in Anchorage, AK and zip code 99503 in the North Star neighborhood. This 14,200 square foot home, which was built in 1964, sits on a 0.74 acre lot. Features: 10 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $2,350,000.

The inventory of homes for sale in Anchorage, AK between October 2024 and November 2024 decreased by 23.3%. In November 2024, listings were on the market for 75 days. During the same period, the median list price in this real estate market was $396,969.

From Rocket Homes Real Estate and based on county public records data.

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