186 MADCAP LANE 192 Madcap Lane

Active

186 MADCAP LANE 192 Madcap Lane

Fairbanks AK, 99708

$699,000

$52.51 per sqft

Active

2 Beds

16 Baths

13,312 sqft

Residential

Built in 1964

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 1 bathroom 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 me 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. For more info visit www.akliferealty.com

156644

MLSⓇ ID

December 30, 2024

Listed

December 30, 2024

Updated

Map

186 MADCAP LANE 192 Madcap Lane
Fairbanks AK, 99708

Interior Features

Bedrooms: 2
Total Bathrooms: 16
Appliances: Cooktop, Dryer, Range, Oven, Refrigerator, Washer
Laundry Description: Main Level
Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Oil, Baseboard

Exterior/Building Features

Lot Size: 0.83 Acres
Roof: Rubber

School Information

High School: West Valley
Elementary School: Pearl Creek

Other Property Details

Area Name: RURAL FAIRBANKS
Garage: No
Parking Total: 16
View: No
County: Fairbanks North Star Borough
Water Source: Public
Pool: No
Zoning: Multiple-Family Residential District

Listed by: ALASKA LIFE REALTY, Rich Harter

The data relating to real estate for sale on this web site comes in part from the Greater Fairbanks Board of REALTORS®. Real estate listings held by brokerage firms other than Real Broker, LLC are marked with the IDX logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Justin Heminger shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.