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1576/1588 Madeline Street

North Pole, AK 99705
  • $749,900
  • STATUS: Active
  • MLS #: 153479
UPDATED: 31 min ago
$749,900
  • 6
    BEDS
  • 1.5
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 4,125
    SQFT
  • $182
    $/SQFT
Type:
Multi-Family
Built:
2011

School Information

Elementary School:
Middle School:
High School:

Description

Exquisite Investment Opportunity: High-End Multi-Family Property with Single-Family Gem. This prime commercial multi-family property boasts not one, but two upscale one-bedroom, one-bathroom duplexes, and a beautifully updated and energy-efficient two-bedroom, one-bathroom single-family home. Nestled in a sought-after location, this unique investment promises remarkable potential for both rental income and future growth. The two meticulously built one-bedroom, one-bathroom duplexes; Designed with an emphasis on sophistication, each unit showcases premium finishes, including hardwood floors, solid surface countertops, and modern appliances. The open-concept layout seamlessly connects the living, dining, and kitchen areas, creating a spacious and inviting ambiance. Large windows flood the interiors with natural light, while tastefully selected fixtures enhance each unit. With private entrances, in-unit laundry, and designated parking spaces, these duplexes offer an exclusive and comfortable living experience for discerning tenants. The property further boasts an upgraded two-bedroom, one-bathroom single-family home. Meticulously built with energy efficiency in mind, this residence offers a blend of modern amenities and timeless charm. Tenants pay for city water and electric. There are several long term tenants and the rents are below market value. The property is essentially priced at $250,000.00 per building and the owner/builder has spared no expense in the quality of construction. You won't find another investment like this one!

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IDX information © 2023 Greater Fairbanks Board of Realtors Multiple Listing Service.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS or RE/MAX Associates of Fairbanks.
www.homesforsalefairbanksak.com/homes/142413467
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1576/1588 Madeline Street North Pole, AK 99705

  • Price: $749,900
  • Status: Active
  • On Site: Days
  • Updated: 31 min ago
  • MLS #: 153479
6
Beds
5
Baths
0
½ Baths
1.5
Acres
4,125
SQFT
$182
$/SQFT
2011
Built
Neighborhood:
Riddle Estates Second Addition
Area:
Badger&Rural Np
Elementary School:
North Pole
Middle School:
N. Pole Middle
High School:
N. Pole High
Property Description
Exquisite Investment Opportunity: High-End Multi-Family Property with Single-Family Gem. This prime commercial multi-family property boasts not one, but two upscale one-bedroom, one-bathroom duplexes, and a beautifully updated and energy-efficient two-bedroom, one-bathroom single-family home. Nestled in a sought-after location, this unique investment promises remarkable potential for both rental income and future growth. The two meticulously built one-bedroom, one-bathroom duplexes; Designed with an emphasis on sophistication, each unit showcases premium finishes, including hardwood floors, solid surface countertops, and modern appliances. The open-concept layout seamlessly connects the living, dining, and kitchen areas, creating a spacious and inviting ambiance. Large windows flood the interiors with natural light, while tastefully selected fixtures enhance each unit. With private entrances, in-unit laundry, and designated parking spaces, these duplexes offer an exclusive and comfortable living experience for discerning tenants. The property further boasts an upgraded two-bedroom, one-bathroom single-family home. Meticulously built with energy efficiency in mind, this residence offers a blend of modern amenities and timeless charm. Tenants pay for city water and electric. There are several long term tenants and the rents are below market value. The property is essentially priced at $250,000.00 per building and the owner/builder has spared no expense in the quality of construction. You won't find another investment like this one!
Exterior Features

Apx Garage Sq Ft 0 Construction Double Wall Exterior Features Covered Deck/PatioNaturalTelephone Service Exterior Finish Vinyl Foundation All Weather Wood Garage Capacity Per Unit 0 Garage Type None Parking Spaces 10 Road Access Gravel Roof Shingle Windows Triple PaneVinyl

Interior Features

Basement Crawl Space Bedrooms Per Unit Other/See Remarks Configuration Multiple Structures Heating Radiant Floor Interior Features Hrv

Property Features

Age 11-15 Yrs. Assessments YN Unknown CCRs YN No Fire Service Public For Sale Or Rent For Sale Fuel Source Oil Hoa Dues Monthly 0 Lot Lot 20 Multifamily Type Five Plex Possession Recording Reo YN No Road Service Public Sewer Private Short Sale YN No Taxes $9398.72 Terms Cash/Refinance Units Efficiency 0 Units Four Bedroom 0 Units One Bedroom 4 Units Three Bedroom 0 Units Two Bedroom 1 Water Public Zoning General Use District - 1 Zoning Overlay N/A

Listing provided by Summit Realty Group - Main: 907-374-3208.
IDX information © 2023 Greater Fairbanks Board of Realtors Multiple Listing Service.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS or RE/MAX Associates of Fairbanks.
 
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RE/MAX Associates of Fairbanks
105 Adak Avenue
Fairbanks AK, 99701