186 MADCAP LANE 186 MADCAP LANE Fairbanks, Alaska 99708 United States
186 MADCAP LANE Fairbanks, Alaska 99708 United States
$799,900
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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...
- 16
- Full Baths
- 32
- Rooms
- 13,312 Sq Ft.
- Interior
- .84 Acres
- Exterior
- Multi Family
- Property type
- 1964
- Year Built
- 154402
- Web Id
- 154402
- MLS ID
- Ballaine Lake
- Subdivision
- 110
- days ago
This Property is Currently Contract Pending
About 186 MADCAP LANE
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.
Listing Courtesy of ALASKA LIFE REALTY
Listing Courtesy of ALASKA LIFE REALTY
Amenities
- Underground Lawn Sprinkler
- Cable
- Borders Public Land
features
- lot description
- Near Public Transportation, Public Transportation
- Additional Listing Type
- In Contract
PROPERTY INFORMATION
- Heating
- Hot Water Baseboard
- Sewer
- Public
- Water
- Public
EXTERIOR
- Construction
- 2x4
- Exterior Features
- Cable TV, High Speed Internet, Lawn
- Roofing
- Membrane
ADDITIONAL INFORMATION
- Other Information
- 0
Listing Courtesy of ALASKA LIFE REALTY
