3622 W 41st Avenue, Anchorage, Alaska 99517

Property Description

Rare opportunity to own a fully updated side-by-side duplex with two 3-bedroom, 2.5-bathroom units on a spacious 17,000+ sq. ft. lot. With a proven history of long-term tenants, this property offers excellent rental potential and flexibility for an owner-occupant or investor. Each unit features cathedral ceilings, south-facing living areas, a wall of windows, large south-facing decks, a fireplace, and an oversized heated garage. First time on the market in 37 years. The open-concept living and dining areas are filled with natural light. Both fireplaces have raised hearths; the rental unit features a gas lighter, while the owner's unit has a new gas insert with a custom Brazilian cherry surround and natural slate tile. Sliding glass doors open to the south-facing decks, and a wide kitchen countertop provides convenient breakfast-bar seating. The owner's unit has been thoughtfully updated with solid-surface countertops, oak hardwood floors, California Closets, and a built-in home office. The kitchen offers a pull-out pantry, deep cabinet drawers, and abundant storage, including built-in cabinetry outside the kitchen for additional kitchenware and cookbook storage. A main-level guest bathroom completes the first floor. Upstairs, each unit has three bedrooms, two bathrooms, and two large linen closets. One bedroom in the owner's unit is ideally suited for a home office, guest room, or flex space. The oversized 25-foot-wide, extra-deep heated garages offer exceptional storage and workspace, with room for a washer and dryer plus built-in cabinetry. The owner's garage includes custom floor-to-ceiling storage spanning an entire 25-foot wall, with a large closet, deep shelving, space for a full-size upright freezer, built-in workbench, and additional storage. High ceilings provide convenient overhead storage for bikes, skis, fishing gear, and other recreational equipment. Centrally located less than 10 minutes from the airport, downtown, midtown, shopping, restaurants, local parks, Coastal Trail, and Kincaid Park. The property also offers an exceptional long-term rental history. The last two tenants each stayed more than 10 years. The rental unit has been vacant since June 1; the owner kept it vacant this summer for visiting family and subsequently in preparation for the sale. During the property's 37-year ownership, the rental unit was never vacant for more than 30 days. A rare combination of extensive updates, spacious 3-bedroom units, oversized heated garages, abundant storage, a large lot, convenient location, and proven rental history. Ideal for an owner-occupant, multigenerational living, or an investor seeking a property with established rental viability.