192 Madcap Lane Fairbanks, AK 99709
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyN/A
- Taxes$15,629
- HOA/Condo/Coop Fees$0
- Days on Site38 Days
- MLS StatusActive
- MLS ID Number24-3329
- Home Size Source Other
- Year Built2
- Lot Size1.7 Acres
- Full Baths16
- Partial BathsN/A
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General Features
- Construction Wood Siding
- Parking No CarportNo Garage
- Parking Spaces 16
- Sewer Public Sewer
- Acreage 1.7
- Water Public
- Zoning MF
- Security Smoke Detector(s)
- Property Sub Type Multi Family
- Garage Spaces 0
- Attached Garage No
- Utilities Cable Available
- Foundation Concrete Perimeter
Interior Features
- Heating Baseboard
- Appliances Washer/ Dryer
Exterior Features
- Roof Membrane
- Waterfront Property No
- Waterfront Features No AccessNone
Community Features
- MLS Area 3C - Fairbanks North Star Borough
- Security Features Smoke Detector(s)