186 MADCAP LANE
186 MADCAP LANE Fairbanks, Alaska 99708 United States

$875,000
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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...
Listing Courtesy of ALASKA LIFE REALTY
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
Fairbanks North Star Borough
School District
Pearl Creek
Elementary
Randy Smith
Middle
West Valley
High
49
days ago

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

Amenities

  • Underground Lawn Sprinkler
  • Cable
  • Borders Public Land

features

lot description
Near Public Transportation, Public Transportation

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
Somers Sotheby’s International Realty is your destination for luxury real estate listings. This property for Sale at 186 MADCAP LANE, Fairbanks, Alaska 99708 United States is a Multi Family with bedrooms, 16 full baths, and partial baths. It is located in , Fairbanks, Alaska, and is in the 99708 zip/post code area. This home of 13,312 Sq.Ft. was built in 1964 and is on a .84 Acres lot. Somers Sotheby’s International Realty also has property listings in cities near Fairbanks, including Ester, Badger and Fairbanks. If you would like more information about this home for Sale at 186 MADCAP LANE, Fairbanks, Alaska 99708 United States or would like to schedule a showing, contact the agent listed above for more information. You may also sign in, create an account, and save this listing for later reference by using icons at the top of this page.
Listing Courtesy of ALASKA LIFE REALTY

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