192 Madcap Lane & 186, Fairbanks, AK

$679,900

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32

Beds

16

Baths

13,312

Square feet

1.00

Acre

About 192 Madcap Lane & 186

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 1bathroom 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 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 for more details.

Features of 192 Madcap Lane & 186

MLS® # 24-3329
Price $679,900
Bedrooms 32
Bathrooms 16.00
Full Baths 16
Square Footage 13,312
Acres 1.00
Year Built 2
Type Multi-Family
Sub-Type Other - See Remarks
Status Active

Community Information

Address 192 Madcap Lane & 186
Area 740 - Rural Fairbanks
Subdivision Ballaine Lake L37-38
City Fairbanks
State AK
Zip Code 99709

Amenities

Parking Spaces 16
Parking None
Is Waterfront No
Has Pool No

Interior

Heating Baseboard, Oil
Fireplace No
Has Basement No

Exterior

Roof Membrane
Construction Wood Frame - 2x4
Foundation Poured Concrete

School Information

Elementary Pearl Creek
Middle Randy Smith
High West Valley

Additional Information

Date Listed January 10th, 2024
Days on Market 277
Zoning MF - Multiple Family
Foreclosure No

Listing Details

OfficeAlaska Life Realty

Listing Map

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