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186 Madcap Lane

Fairbanks, AK 99709
  • $699,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 24-15126
UPDATED: 18 min ago
$699,000
  • 32
    BEDS
  • 0.31
    ACRES
  • 16
    BATHS
  • 0
    1/2 BATHS
  • 13,312
    SQFT
  • $53
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1964

School Information

Elementary School:
Middle School:
High School:

Description

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. Call 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

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Alaska MLS logo DISCLAIMER: 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 Team Dimmick | Keller Williams Realty Alaska Group are marked with either the listing brokerage's logo or 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. Listing information was last updated on: 2025-01-20T16:36:36.597.

www.teamdimmick.com/homes/159085093
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186 Madcap Lane Fairbanks, AK 99709

  • Price: $699,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 18 min ago
  • MLS #: 24-15126
32
Beds
16
Baths
0
½ Baths
0.31
Acres
13,312
SQFT
$53
$/SQFT
1964
Built
Neighborhood:
Rural Fairbanks
Area:
Rural Fairbanks
Elementary School:
Pearl Creek
Middle School:
Randy Smith
High School:
West Valley
Property Description
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. Call 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
Exterior Features

Attached Garage YN No Carport Spaces 0 Exterior Finish Wood3 Yes Foundation Details Poured Concrete Open Parking Spaces 16 Parking Features None Roof Membrane

Interior Features

Flooring [] Heating Baseboard Yes Heating Oil Yes Mf Features Washer Dryer Yes

Property Features

Building Area Total 13312 Construction Materials Wood Frame - 2x4 Foreclosure Bank Own No Frontage Type [] Lot Features [] MLSArea Major 3C - Fairbanks North Star Borough New Construction YN No Other Structures [] Property Info Construction Status Existing Structure Property Info Prkg Spcs 16 Road Surface Type [] Security Features Smoke Detector(s) Sewer Public Sewer View [] Zoning MF - Multiple Family Residential

Alaska MLS logo Listing Office Alaska Life Realty: 907-385-3004. Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
Alaska MLS logo DISCLAIMER: 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 Team Dimmick | Keller Williams Realty Alaska Group are marked with either the listing brokerage's logo or 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. Listing information was last updated on: 2025-01-20T16:36:36.597.

 
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Team Dimmick | Keller Williams Realty Alaska Group
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Anchorage AK, 99503