$440,000
35061 Adell Avenue
Sterling, AK 99672
MLS# 25-5935
6 beds  |  3 baths  |  2910 sqft


Aerial view of the property showing two homes, shop, dry cabin, and gravel pad
  1 / 58  
Aerial view of the property showing two homes, shop, dry cabin, and gravel pad Front view of property from the driveway. Shows the shop and main home. Dry cabin to the left Main home front Main home from the back. Shop Kitchen in Main home. Another angle of kitchen in main home. Dining area and living room area in main home Living room area in main home. Dining area and kitchen in main home. Back room with laundry and storage. Back room with laundry and storage. Front bathroom in main home. Shower and storage in front bathroom in main home Master bedroom in main home. Storage space in master bedroom in main home Second bedroom in main home. Another angle of second bedroom in main home. Office in main home Third bedroom in main home. Another angle of the fourth bedroom in main home. Upstairs bathroom in main home Upstairs landing in main home. Front end of shop, showing manual doors. Aerial view of shop. Wood working area inside the shop. Another angle of the wood working area in the shop. 35061 Adell Avenue, Sterling, AK 99672 35061 Adell Avenue, Sterling, AK 99672 Front end of the shop, showing two-post car lift which is included in the sale. 35061 Adell Avenue, Sterling, AK 99672 In-bench chop saw included in the sale. View of the rear of the shop, including the storage area. 35061 Adell Avenue, Sterling, AK 99672 Workshop / Shed on the right. Work Shop / Shed Workshop / Shed Attic area in the Workshop / Shed Hobby barn. Interior of the hobby barn. Gravel Pad with separate Gas/Electric/Well Gravel Pad with separate Gas/Electric/Well Exterior of Rental Exterior of Rental Exterior of Rental Bedroom one of Rental Kitchen of Rental Front room of rental Front room of rental Backroom of rental with laundry Bathroom of rental Bathroom of rental Second bedroom of rental Third bedroom of rental Third bedroom of rental Backyard Backyard Ariel

Property Description
With several rentable structures already in place, plus the property being already set up for future expansion, this unique, income-generating property presents a rare opportunity for investors. The main residence is a spacious 3-bedroom home featuring 1 ¾ bath, an office, a dedicated craft area, and an oversized laundry/pantry room with a projected monthly income around $2,200. Separate from

Details
Maps
Documents
Contract Info
Price-List: 440000
Date-Listing: 2025-05-20
Status: Active
Foreclosure/Bank Own: No
Location Tax and Legal
Area: 340 - Sterling
Street #: 35061
Street Name: Adell
Arterial: Avenue
Closest USPS Town: Sterling
State: AK
Zip Code: 99672
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Beds: 6
Bathrooms Three Quarter: 1
Bathrooms Full: 2
Bathrooms Total: 3
Bldgs-Ttl #: 5
Year Built: 1996
SF-Res: 2910
Number of Units: 5
SF-Lot: 53143.2
Acres: 1.22
Garage Spaces: 4
Prkg Spcs: 10
Lot Area Source: Tax Authority
Zoning: UNZ - Not Zoned
Directions and Remarks
Directions: From the Sterling Highway, turn onto Scout Lake Loop Rd, drive about a half mile to Adell Ave and turn right. The property is on the left.
Building Info
Units-# of 3 BR: 2
Mortgage Info
EM Minimum Deposit: 4000
Unit #1
Bath - Full: 1
Bath-Three Qtr: 1
Bedroom: 3
Dining Room: 1
Kitchen: 1
Living Room: 1
Utility Room: 1
Extra Room: 2
Parking Spaces: 4
Unit #2
Bath - Full: 1
Bedroom: 3
Kitchen: 1
Living Room: 1
Utility Room: 1
Parking Spaces: 2
Unit #3
Parking Spaces: 2
Unit #4
Garage: 1280
Parking Spaces: 2
Property Features
Multi-Family Type: Duplex; Other - See Remarks
Foundation Type: Pilings; Slab; Other
Garage Type: Detached; Heated
Heating: Natural Gas
Sewer-Type: Septic Tank
Water Source: Private; Well
Access Type: Dedicated Road; Government; Maintained
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: River
Features-MultiFamily: Shed; Washer/Dryer; Washer/Dryer HkUp; Circle Driveway; RV Parking
Docs Avl for Review: Prop Discl Available
Listing Terms Financing: Cash; Conventional
Supplements
the main home is a fully detached 3-bedroom, 1-bath house that is currently leased at $1,600 per month, providing consistent and reliable income from day one. For the commercial tenant, the expansive 32' x 40' heated shop offers extra potential value. Outfitted with in-floor heat, an overhead heater, a woodstove, and plumbing for a future bathroom, this versatile space includes separate areas for woodworking and auto repair. It also features a 12' x 12' manual shop door, a 220v welder outlet, a built-in workbench with a miter saw, and a 9,000-pound automotive lift. This property also includes a gravel pad that's currently ready for future expansion. With natural gas, electric, septic, and well already installed, it's ideal for a new rental unit or RV hookup. As-is, it could bring in extra income per month from RV tenants, or substantially more if developed into an additional dwelling. Also located on the property is a hobby shed, fully powered and heated with natural gas. Its compact layout includes a loft with pull-down stairs and could be used as a studio, workspace, or storage unit. If you are looking to expand your real estate portfolio this multi-use rental property might just be what you have been looking for! See the attachment for more property details.

Listing Office: Century 21 Realty Solutions Freedom Branch

Last Updated: September - 04 - 2025

35061 Adell Avenue, Sterling, AK 99672 - MLS# 25-5935

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.