$1,700,000
North Pole, AK 99705
MLS# 24-405
Status: Closed
29 beds | 17 baths | 14086 sqft
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Property Description
Discover an exceptional investment opportunity in this 17-unit rental property, perfect for both new and experienced investors. The building features a diverse range of layouts, including efficient studios, comfortable one-bedroom, and spacious two-bedroom apartments. Each unit is equipped with washer/dryer hookups and has its individual hot water heater. Monthly rents vary, ranging from $985 to
Details
Maps
Contract Info
Foreclosure/Bank Own: No
Price-List: 1700000
Date-Listing: 2023-09-25
Status: Closed
Location, Tax and Legal
Region: 3 - Interior & North Alaska Regions - All
Borough/Census Area: 3C - Fairbanks North Star Borough
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
Legal: Jolley Acres Tr C
Taxes (Estimated): 21702.94
School-Elementary: North Pole
School-Middle: North Pole
School-High: North Pole
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Bathrooms Full: 17
Bathrooms Total: 17
Bldgs-Ttl #: 1
Acres: 1.85
SF-Lot: 80543
Lot Area Source: Other
Zoning: GU1 - General Use
Garage Spaces: 0
Carport Spaces: 0
Prkg Spcs: 17
Beds: 29
Year Built: 2021
SF-Res: 14086
Number of Units: 17
Directions and Remarks
Directions: Badger Road to Glacier State, property on the Left - no signage.
Multi-Family Type
Apartment Style: 1
Building Info
Units- # of Effcncy: 1
Units-# of 1 BR: 4
Units- # of 2 BR: 12
Exterior Finish
Metal: 1
Wood: 1
Heating
Oil: 1
Radiant: 1
Radiant Floor: 1
Roof Type
Metal: 1
Construction Type
Wood Frame - 2x6: 1
Foundation Type
Slab: 1
Wtrfrnt-Access Near
None: 1
Wtrfrnt-Frontage
None: 1
Flooring
Laminate: 1
Sewer-Type
Septic Tank: 1
Access Type
Gravel: 1
Maintained: 1
Mortgage Info
EM Minimum Deposit: 34000
Features-MultiFamily
DSL-Cable Available: 1
Smoke Detector(s): 1
Washer/Dryer HkUp: 1
Sold Info
Date-Pending: 2023-10-07
Date-Closing: 2024-01-10
Location Tax and Legal
Area: 750 - Badger & Rural North Pole
Street #: 2921
Street Name: Glacier State
Arterial: Drive
Closest USPS Town: North Pole
State: AK
Zip Code: 99705
Property Features
Multi-Family Type: Apartment Style
Exterior Finish: Metal; Wood
Roof Type: Metal
Foundation Type: Slab
Construction Type: Wood Frame - 2x6
Heating: Oil; Radiant; Radiant Floor
Sewer-Type: Septic Tank
Access Type: Gravel; Maintained
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: DSL-Cable Available; Smoke Detector(s); Washer/Dryer HkUp
Flooring: Laminate
Supplements
$1,800, ensuring attractive income potential. This property is connected to the reliable North Pole City Water supply and boasts three efficient septic systems for optimal functionality. During the winter months, four efficient boilers with radiant floor tubing provide cozy warmth to the three buildings on the premises. Detailed floor plans, unit configurations, and rent roll information are readily available in the associated documents
IDX
Listing Office: Non-Member Office
Last Updated: August - 27 - 2024
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 the site owner are marked with 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. Site contains live data.