Active
186 MADCAP LANE 192 Madcap Lane
Fairbanks AK, 99708
$724,900
$54.45 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, 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 me for more details.
154402
MLSⓇ ID
January 10, 2024
Listed
September 6, 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
Days on Market
219
Garage
No
Parking Total
16
View
No
County
Fairbanks North Star Borough
Water Source
Public
Pool
No
Zoning
Multiple-Family Residential District
Listing History
Date | Event | Price |
---|---|---|
9/6/2024 | Price change | $724,900 -4% |
8/1/2024 | Price change | $749,900 -7% |
4/30/2024 | Active | — |
4/10/2024 | Pending | — |
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.
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