2881 Elvira Avenue, North Pole, AK 99705 (MLS# 24-401)

2881 Elvira Avenue, North Pole, AK 99705

$1,400,000
Property Type: Multi-Family Bedrooms: 24 Baths: 15 Square Footage: 11,424 Lot Size (sq. ft.): 62,337 Status: Closed
Current Price: $1,400,000 Last Modified: 8/27/2024

Overview

Description

Explore this fantastic investment opportunity in a 15-unit rental property, perfect for both new and experienced investors. The building features avariety of unit types, including efficient studios, comfortable one-bedroom, and spacious two-bedroom apartments. Each unit is equipped withconvenient washer and dryer hookups and individual hot water heaters. Monthly rents span from $900 to $1785,

Supplements: ensuring a diverse income stream. During the colder months, the three boilers with radiant floor tubing efficiently heat these three interconnected buildings. You'll find comprehensive documentation, including floor plans, unit configurations, and a rent roll, in the associated materials.

Listing Details MLS# 24-401

Contract Info

Price-List
1400000
Date-Listing
2023-09-25
Foreclosure/Bank Own
No

Sold Info

Date-Pending
2023-10-07
Date-Closing
2024-01-10

Location Tax and Legal

Area
750 - Badger & Rural North Pole
Street #
2881
Street Name
Elvira
Arterial
Avenue
Closest USPS Town
North Pole
State
AK
Zip Code
99705

Property Info

Realtor.com Type
Multi-Family
Construction Status
Existing Structure
Beds
24
Bathrooms Full
15
Bathrooms Total
15
Bldgs-Ttl #
Yes
Year Built
2022
SF-Res
11424
Number of Units
15
SF-Lot
62337
Acres
1.43
Prkg Spcs
18
Lot Area Source
Other
Zoning
UNK - Unknown
Bathrooms Half
0
Bathrooms Three Quarter
0
Garage Spaces
0
Carport Spaces
0

Directions and Remarks

Directions
Badger Road to Elvira to property on theLeft.NO Signage.

Building Info

Units- # of Effcncy
Yes
Units-# of 1 BR
5
Units- # of 2 BR
9

More Information

Mortgage Info

EM Minimum Deposit
28000

Location, Tax and Legal

Region
3 - Interior & North Alaska Regions - All
Borough/Census Area
3C - Fairbanks North Star Borough
Grid # (Muni Anch)
N/A
Tax Map #-Mat-Su
N/A
Legal
Samanthas L5 B2
Taxes (Estimated)
12936.62
School-Elementary
Midnight Sun
School-Middle
North Pole
School-High
North Pole

Multi-Family Type

Apartment Style
Yes
Ranch
Yes
Other - See Remarks
Yes

Exterior Finish

Metal
Yes

Heating

Oil
Yes
Radiant
Yes
Radiant Floor
Yes

Roof Type

Metal
Yes

Construction Type

Wood Frame - 2x6
Yes

Foundation Type

Slab
Yes

Wtrfrnt-Access Near

None
Yes

Wtrfrnt-Frontage

None
Yes

Flooring

Laminate
Yes

Sewer-Type

Septic Tank
Yes

Access Type

Gravel
Yes
Maintained
Yes

Features-MultiFamily

DSL-Cable Available
Yes
Smoke Detector(s)
Yes

Property Features

Multi-Family Type: Apartment Style; Ranch; Other - See Remarks Exterior Finish: Metal Roof Type: Metal Foundation Type: Slab Construction Type: Wood Frame - 2x6 Heating: Oil; Radiant; Radiant Floor Sewer-Type: Septic Tank Access Type: Gravel; Maintained Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: DSL-Cable Available; Smoke Detector(s) Flooring: Laminate
Listing Office: Non-Member Office
IDX
Last Updated: August - 27 - 2024
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.

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