$475,000

35061 Adell Ave, Sterling, AK

Name: 35061 Adell Ave, For Sale in Sterling - eXp Commercial Brokerage
Brand: Century 21 Realty Solutions Freedom Branch
SKU: 25-5935
Price: 475000 CAD

Real Estate

For Sale

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6310

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size 2910 sqft

Garage Yes

Taxes

Days Active 9

Lot Size

Approx. Age 1996

Avg. Price Per Sqft $163

MLS® Number 25-5935

Property Address:

Average square foot calculated using Size range provided by listing agent.

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 3/4 bath, an office, a dedicated craft area, and an oversized laundry/pantry room with a projected monthly income around $2, 200. Separate fromthe 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.Show Description

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MLS® Number25-5935

Laundry LevelWasher/Dryer HkUp

Central VacNo

FireplaceNo

Acreage1.22

Exterior

GarageYes

Approx. Age1996

Basement

DrivewayCircular Driveway, RV Access/Parking, Detached, Heated Garage

Garage Spaces

HeatNatural Gas

A/C

Heating Fuel

Extras

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