$724,900

192 Madcap Lane, & 186, Fairbanks, AK 99709

  • MLS#: 24-3329
  • Status: Active
  • Days on Market: 219

  • Beds: 32
  • Baths: 16
  • 13,312 sq.ft.
  • Year Built: 2
  • 1 acres
  • Garage/Carport: 0 / 0

Property Details

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 Features

DSL-Cable Available, Smoke Detector(s), WasherDryer

More Details

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  • GPS (Lat/Long):
  • Multi-Family  
  • 74,052 sq.ft.  
  • Baseboard, Oil 
  • Membrane 
  • Public 
  • Public Sewer 
  • None 
  • None 
  • Existing Structure 
  • 3C - Fairbanks North Star Borough 
  • Pearl Creek 
  • Randy Smith 
  • West Valley 
  • 16 
  • 16 
  • No 
  • MF - Multiple Family 
  • 64.8675, -147.822 

Listing Office

Alaska Life Realty

Location