Properties

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 1 bathroom 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 ovens that conveys with purchase. There was a new Boiler heating system installed in Building 192 last year in 2023. Contact me 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 me for more details.

Features
16
: Hot water baseboard
: Rural fairbanks
: Up and down
: 2x4
: Poured concrete
: Lawn, High speed internet, Cable tv
: Membrane
: Public
: Public
Address Map
US
AK
Fairbanks
99708
MADCAP LANE
186
E0° 0' 0''
N0° 0' 0''
Additional Information
16
120
Pearl Creek
Randy Smith
West Valley
Multiple-family residential district
15629
Rich
Harter
134
ALASKA LIFE REALTY

Multi-family For Sale

186 MADCAP LANE, Fairbanks, Alaska 99708

0.83 Acre
$799,900
Listing ID #154402
Basic Details
Property Type : Multi-family
SubType : Eight plex
Listing Type : For Sale
Listing ID : 154402
Price : $799,900
Year Built : 1964
Lot Area : 0.83 Acre
Status : Active
Agent info
Gold Standard Realty
1231 Noble St Fairbanks, AK 99701
Contact Agent