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
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.
More Information MLS# 24-401
Contract Info
Price-List: 1400000
Date-Listing: 2023-09-25
Status: Closed
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 #: 1
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
Directions and Remarks
Directions: Badger Road to Elvira to property on theLeft.NO Signage.
Building Info
Units- # of Effcncy: 1
Units-# of 1 BR: 5
Units- # of 2 BR: 9
Mortgage Info
EM Minimum Deposit: 28000
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
Water Source: Private; Well
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
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.
