2881 Elvira Avenue, North Pole, AK 99705 (MLS# 24-401)

2881 Elvira Avenue, North Pole, AK 99705

$1,400,000

Property Type: Multi-Family Bedrooms: 24 Baths: 15 Square Footage: 11,424 Lot Size (sq. ft.): 62,337 Status: Closed

Current Price: $1,400,000 Last Modified: 8/27/2024

Description

Explore this fantastic investment opportunity in a 15-unit rental property, perfect for both new and experienced investors. The building features avariety of unit types, including efficient studios, comfortable one-bedroom, and spacious two-bedroom apartments. Each unit is equipped withconvenient washer and dryer hookups and individual hot water heaters. Monthly rents span from $900 to $1785,

Supplements: ensuring a diverse income stream. During the colder months, the three boilers with radiant floor tubing efficiently heat these three interconnected buildings. You'll find comprehensive documentation, including floor plans, unit configurations, and a rent roll, in the associated materials.

More Information MLS# 24-401

Contract Info

Foreclosure/Bank Own: No Price-List: 1400000 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: Samanthas L5 B2 Taxes (Estimated): 12936.62 School-Elementary: Midnight Sun 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: 15 Bathrooms Total: 15 Bldgs-Ttl #: 1 Acres: 1.43 SF-Lot: 62337 Lot Area Source: Other Zoning: UNK - Unknown Garage Spaces: 0 Carport Spaces: 0 Prkg Spcs: 18 Beds: 24 Year Built: 2022 SF-Res: 11424 Number of Units: 15

Directions and Remarks

Directions: Badger Road to Elvira to property on theLeft.NO Signage.

Multi-Family Type

Apartment Style: 1 Ranch: 1 Other - See Remarks: 1

Building Info

Units- # of Effcncy: 1 Units-# of 1 BR: 5 Units- # of 2 BR: 9

Exterior Finish

Metal: 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: 28000

Features-MultiFamily

DSL-Cable Available: 1 Smoke Detector(s): 1

Sold Info

Date-Pending: 2023-10-07 Date-Closing: 2024-01-10

Location Tax and Legal

Area: 750 - Badger & Rural North Pole Street #: 2881 Street Name: Elvira Arterial: Avenue Closest USPS Town: North Pole State: AK Zip Code: 99705

Property Features

Multi-Family Type: Apartment Style; Ranch; Other - See Remarks Exterior Finish: Metal 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) Flooring: Laminate

Listing Office: Non-Member Office

IDX

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.