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35061 Adell Avenue

Sterling, AK 99672
  • $475,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 25-5935
UPDATED: 26 min ago
$475,000
  • 6
    BEDS
  • 1.22
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,910
    SQFT
  • $163
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1996
Area:

School Information

Elementary School:
Middle School:
High School:

Description

With several rentable structures already in place, plus the property being already set up for future expansion, this unique, income-generating property presents a rare opportunity for investors. The main residence is a spacious 3-bedroom home featuring 1 bath, an office, a dedicated craft area, and an oversized laundry/pantry room with a projected monthly income around $2,200. Separate from the main home is a fully detached 3-bedroom, 1-bath house that is currently leased at $1,600 per month, providing consistent and reliable income from day one. For the commercial tenant, the expansive 32' x 40' heated shop offers extra potential value. Outfitted with in-floor heat, an overhead heater, a woodstove, and plumbing for a future bathroom, this versatile space includes separate areas for woodworking and auto repair. It also features a 12' x 12' manual shop door, a 220v welder outlet, a built-in workbench with a miter saw, and a 9,000-pound automotive lift. This property also includes a gravel pad that's currently ready for future expansion. With natural gas, electric, septic, and well already installed, it's ideal for a new rental unit or RV hookup. As-is, it could bring in extra income per month from RV tenants, or substantially more if developed into an additional dwelling. Also located on the property is a hobby shed, fully powered and heated with natural gas. Its compact layout includes a loft with pull-down stairs and could be used as a studio, workspace, or storage unit. If you are looking to expand your real estate portfolio this multi-use rental property might just be what you have been looking for! See the attachment for more property details.

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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: 2025-06-17T19:36:38.773.

www.teamdimmick.com/homes/164043490
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35061 Adell Avenue Sterling, AK 99672

  • Price: $475,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 26 min ago
  • MLS #: 25-5935
6
Beds
3
Baths
0
½ Baths
1.22
Acres
2,910
SQFT
$163
$/SQFT
1996
Built
Neighborhood:
Sterling
Area:
Sterling
Elementary School:
Sterling
Middle School:
Skyview
High School:
Soldotna
Property Description
With several rentable structures already in place, plus the property being already set up for future expansion, this unique, income-generating property presents a rare opportunity for investors. The main residence is a spacious 3-bedroom home featuring 1 bath, an office, a dedicated craft area, and an oversized laundry/pantry room with a projected monthly income around $2,200. Separate from the main home is a fully detached 3-bedroom, 1-bath house that is currently leased at $1,600 per month, providing consistent and reliable income from day one. For the commercial tenant, the expansive 32' x 40' heated shop offers extra potential value. Outfitted with in-floor heat, an overhead heater, a woodstove, and plumbing for a future bathroom, this versatile space includes separate areas for woodworking and auto repair. It also features a 12' x 12' manual shop door, a 220v welder outlet, a built-in workbench with a miter saw, and a 9,000-pound automotive lift. This property also includes a gravel pad that's currently ready for future expansion. With natural gas, electric, septic, and well already installed, it's ideal for a new rental unit or RV hookup. As-is, it could bring in extra income per month from RV tenants, or substantially more if developed into an additional dwelling. Also located on the property is a hobby shed, fully powered and heated with natural gas. Its compact layout includes a loft with pull-down stairs and could be used as a studio, workspace, or storage unit. If you are looking to expand your real estate portfolio this multi-use rental property might just be what you have been looking for! See the attachment for more property details.
Exterior Features

Attached Garage YN No Carport Spaces 0 Foundation Details PilingsSlab Garage Type Detached Yes Open Parking Spaces 10 Parking Features HeatedDetached Roof []

Interior Features

Flooring [] Heating Natural Gas Yes Living Area 2910 Mf Features Washer Dryer Yes Mf Features Washer Dryer Hk Up Yes Unit Num1 Bath Full 1 Unit Num1 Bedroom 3 Unit Num2 Bath Full 1 Unit Num2 Bedroom 3

Property Features

Construction Materials [] Foreclosure Bank Own No Frontage Type [] Listing Terms Financing Cash Yes Listing Terms Financing Conventional Yes Lot Features [] Mf Features RVParking Yes Mf Features Shed Yes MLSArea Major 1B - Kenai Peninsula Borough Multi Family Type Duplex Yes New Construction YN No Other Structures Shed(s) Property Info Construction Status Existing Structure Property Info Prkg Spcs 10 Road Surface Type Dedicated RoadGovernmentMaintained Security Features [] Sewer Septic Tank View [] Zoning UNZ - Not Zoned

Alaska MLS logo Listing Office Century 21 Realty Solutions Freedom Branch: 907-262-1770. 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: 2025-06-17T19:36:38.773.

 
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