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192 Madcap Lane

Fairbanks, AK 99709
  • $799,900
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 24-3329
$799,900
  • 32
    BEDS
  • 1
    ACRES
  • 16
    BATHS
  • 0
    1/2 BATHS
  • 13,312
    SQFT
  • $60
    $/SQFT
Neighborhood:
Type:
Multi-Family

School Information

Elementary School:
Middle School:
High School:

Description

Looking for a High Income producing property? Then this is it!! You get 2 - 8 Plex's for a total of 16 units. Each unit is 2 bedrooms and 1bathroom and each building is 6656 sq/ft for a total of 13312 sq/ft of living space. Each building has their own coin -op washer/dryer laundry area. there is also a 2 story utility building and an Atco unit that is full of parts, tools, a couple extra ovensthat conveys with purchase. There was a new Boiler heating system installed in Building 192 last year in 2023. Contact today for a showing and to request the 2023 Income statements and 2023 rental rates. All units are rented. These generate a high cash flow. Seller will not owner finance, Purchase needs to be cash or to purchase these with a loan you would need a high down payment due to the second building. Call for more details.

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Alaska MLS logo DISCLAIMER: The 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 ENRG Realty 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. Listing information was last updated on: 2024-04-04T01:37:04.597.

www.pinnaclepartnerspath.com/homes/149125271
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192 Madcap Lane Fairbanks, AK 99709

  • Price: $799,900
  • Status: Active
  • On Site: 17 Days
  • MLS #: 24-3329
32
Beds
16
Baths
0
½ Baths
1
Acres
13,312
SQFT
$60
$/SQFT
Neighborhood:
Rural Fairbanks
Area:
Rural Fairbanks
Elementary School:
Pearl Creek
Middle School:
Randy Smith
High School:
West Valley
Property Description
Looking for a High Income producing property? Then this is it!! You get 2 - 8 Plex's for a total of 16 units. Each unit is 2 bedrooms and 1bathroom and each building is 6656 sq/ft for a total of 13312 sq/ft of living space. Each building has their own coin -op washer/dryer laundry area. there is also a 2 story utility building and an Atco unit that is full of parts, tools, a couple extra ovensthat conveys with purchase. There was a new Boiler heating system installed in Building 192 last year in 2023. Contact today for a showing and to request the 2023 Income statements and 2023 rental rates. All units are rented. These generate a high cash flow. Seller will not owner finance, Purchase needs to be cash or to purchase these with a loan you would need a high down payment due to the second building. Call for more details.
Exterior Features

Carport Spaces 0 Construction Materials Wood Frame - 2x4 Foundation Details Poured Concrete Garage Spaces 0 Open Parking Spaces 16 Parking Features None Roof Membrane

Interior Features

Heating BaseboardOil Heating YN Yes Living Area 13312

Property Features

Attached Garage YN No MLSArea Major 3C - Fairbanks North Star Borough New Construction YN No Number Of Units Buildings 1 Sewer Public Sewer Tax Amount 15629 Tax Legal Description Ballaine Lake L37-38 Zoning MF - Multiple Family

Alaska MLS logo Listing Office Alaska Life Realty: 907-385-3004. Copyright 2024 Alaska Multiple Listing Service, Inc. All rights reserved.
Alaska MLS logo DISCLAIMER: The 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 ENRG Realty 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. Listing information was last updated on: 2024-04-04T01:37:04.597.

 
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ENRG Realty
921 W. 6th. Ave
Anchorage AK, 99501