Elite Real Estate Group
admin@eliterealestatealaska.comUPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $178
MLS Listing ID 25-11067
Bedrooms 1
Full Baths 1
Construction Status Existing Structure
Year Built 1960
Annual Tax Amount $4,200
Lot Size 10,341 Sqft
Acres 0.24
Source Alaska Multiple Listing Service
Property Description
Large R3 lot in a tax-advantaged corridor, surrounded by established multi-family properties. Located within the Transit-Supportive Overlay Zone, this property offers redevelopment flexibility and consistent long-term demand.
The existing 1960 home is a 1 bed / 1 bath with basement that could be converted into additional bedrooms, and bathroom. This home does have an oversized two car garage with tons of storage space. Or, maximize the zoning for ground-up multi-family development as this property may qualify for Municipal Tax Exemptions (AO 2025-35 & AO 2025-84) offering up to 10-13 years of property tax relief for qualifying new construction (8+ units) or 10 years for major rehabilitation of existing housing stock.
Location
State AK
Area 45 - Boniface Pkwy To Muldoon Rd
Zoning R3 - Multiple Family Residential
Direction North on Glenn Highway to Turpin, Left on Boundary Ave, right on Oklahoma, Left on Marge Ct Corner of Marge and Burton. OR from Muldoon, west on Boundary, left on Oklahoma.....
Interior
Interior Features Basement, Range/Oven
Exterior
Exterior Feature Fenced Yard
Parking Features Garage Door Opener, Attached
Garage Spaces 2.0
Garage Description 2.0
Roof Type Shingle,Asphalt
Topography Level
Porch Deck/Patio
Building
Lot Description Level
Foundation None
Lot Size Range 0.24
Sewer Public Sewer
Construction Status Existing Structure
Schools
Elementary Schools Btv-Undiscl By Ll
Middle Schools Btv-Undiscl By Ll
High Schools Btv-Undiscl By Ll
Others
Tax ID 00603137000
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Elite Real Estate Group
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