$1,700,000
$1,700,000
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29 Beds
17 Baths
14,086 SqFt
SOLD DATE : 01/10/2024
Key Details
Sold Price $1,700,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 14,086 sqft
Price per Sqft $120
MLS Listing ID 24-405
Sold Date 01/10/24
Bedrooms 29
Full Baths 17
Construction Status Existing Structure
Originating Board Alaska Multiple Listing Service
Year Built 2021
Annual Tax Amount $21,702
Lot Size 1.849 Acres
Acres 1.0
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 $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
Location
State AK
Area 750 - Badger & Rural North Pole
Zoning GU1 - General Use
Direction Badger Road to Glacier State, property on the Left - no signage.
Exterior
Waterfront Description None19
Roof Type Metal
Building
Foundation Slab
Lot Size Range 1.0
Sewer Septic Tank
New Construction No
Construction Status Existing Structure
Schools
Elementary Schools North Pole
Middle Schools North Pole
High Schools North Pole
Others
Tax ID 0432873
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