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186 MADCAP LANE # 192 Madcap Lane Fairbanks, AK 99708
- Other / Resale (MLS)
Property Details for 186 MADCAP LANE # 192 Madcap Lane, Fairbanks, AK 99708
Features
- Price/sqft: $60
- Total Units: 16
- Total Rooms: 1
- Room List: Basement
- Heating: Baseboard,Hot Water
Facts
- Year Built: 01/01/1964
- Property ID: 879564188
- MLS Number: 154402
- Property Type: Other
- County: FAIRBANKS NORTH STAR
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. 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.
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Property Brokerage:
Alaska Life Realty
219 E. 5th Ave
North Pole
AK
99705
Copyright © 2024 Greater Fairbanks Board-Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.