2921 Glacier State Drive, North Pole, AK 99705

$1,700,000
Property Type: Multi-Family Bedrooms: 29 Baths: 17 Square Footage: 14,086 Lot Size (sq. ft.): 80,543 Status: Closed
Current Price: $1,700,000 Last Modified: 8/27/2024

Description

Discover an exceptional investment opportunity in this 17-unit rental property, perfect for both new and experienced investors. The building features a diverse range of layouts, including efficient studios, comfortable one-bedroom, and spacious two-bedroom apartments. Each unit is equipped with washer/dryer hookups and has its individual hot water heater. Monthly rents vary, ranging from $985 to

Supplements: $1,800, ensuring attractive income potential. This property is connected to the reliable North Pole City Water supply and boasts three efficient septic systems for optimal functionality. During the winter months, four efficient boilers with radiant floor tubing provide cozy warmth to the three buildings on the premises. Detailed floor plans, unit configurations, and rent roll information are readily available in the associated documents

More Information MLS# 24-405

Contract Info

Price-List: 1700000 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 #: 2921 Street Name: Glacier State Arterial: Drive Closest USPS Town: North Pole State: AK Zip Code: 99705

Property Info

Realtor.com Type: Multi-Family Construction Status: Existing Structure Beds: 29 Bathrooms Full: 17 Bathrooms Total: 17 Bldgs-Ttl #: 1 Year Built: 2021 SF-Res: 14086 Number of Units: 17 SF-Lot: 80543 Acres: 1.85 Prkg Spcs: 17 Lot Area Source: Other Zoning: GU1 - General Use

Directions and Remarks

Directions: Badger Road to Glacier State, property on the Left - no signage.

Building Info

Units- # of Effcncy: 1 Units-# of 1 BR: 4 Units- # of 2 BR: 12

Mortgage Info

EM Minimum Deposit: 34000

Property Features

Multi-Family Type: Apartment Style Exterior Finish: Metal; Wood Roof Type: Metal Foundation Type: Slab Construction Type: Wood Frame - 2x6 Heating: Oil; Radiant; Radiant Floor Sewer-Type: Septic Tank Water Source: Public Access Type: Gravel; Maintained Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: DSL-Cable Available; Smoke Detector(s); Washer/Dryer HkUp Flooring: Laminate
Listing Office: Non-Member Office
Last Updated: August - 27 - 2024
2921 Glacier State Drive, North Pole, AK 99705- MLS# 24-405
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.