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
Office | Alaska Life Realty |
---|