186 Madcap Ln, Fairbanks, AK 99708 Homes for Sale

For Sale

$799,900

• 0 beds
• 0 baths
• 13312 Sq Ft

186 Madcap Lane,
Fairbanks, AK, 99708

Fairbanks North Star

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Overview

Listing Status Active

MLS 154402

Property Type

Other

Year built

1964

Total rooms

0

Lot size

0.84 Acres

Time on NeighborWho

116 days

Stories

-

Price per Sq Ft

$60

Parking

16e0 car garage

Basement

-

About 186 Madcap Ln, Fairbanks, AK

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. Read more

To connect right away call (907) 385-3004

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