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$475,000 USD
35061 Adell Avenue
Sterling, Alaska 99672
USA
Sterling, Alaska 99672
USA
6 bedrooms
2 full baths, 3/4 bath
Residential For Sale, Multi-Family Home
Land size: 0.405 ha ::
1.00 acres
Sale price per sqm: 0
Remarks:
With multiple rentable structures already in place and the property prepared for future expansion, this unique income-producing property presents an investment opportunity. The main residence is a spacious 3-bedroom home featuring 1¾ baths, an office, a dedicated craft area, and an oversized laundry/pantry room, with projected rental income of approximately $2,000 per month. In addition, fully detached 3-bedroom, 1-bath home is currently rented at $1,600 per month.
For a commercial tenant, the 32' x 40' heated shop adds income potential. Equipped with in-floor heat, an overhead heater, a wood stove, and plumbing for a future bathroom, this versatile space includes designated areas for both woodworking and auto repair. Additional features include 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. Estimated rental income is approximately $1,500 per month.
This property also includes a gravel pad that is ready for future expansion. With natural gas, electricity, and a well already installed, it is ideal for a new rental unit or trailer space. As it sits, the pad could potentially generate approximately $500 per month in additional income from space rental, with even greater potential if developed into an additional dwelling.
Also located on the property is a fully powered hobby shed heated with natural gas. Its compact layout includes a loft with convenient pull-down stairs.
If you are looking to expand your real estate portfolio, this versatile multi-use investment property may be what you have been searching for. See the attachment for additional property details.
For a commercial tenant, the 32' x 40' heated shop adds income potential. Equipped with in-floor heat, an overhead heater, a wood stove, and plumbing for a future bathroom, this versatile space includes designated areas for both woodworking and auto repair. Additional features include 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. Estimated rental income is approximately $1,500 per month.
This property also includes a gravel pad that is ready for future expansion. With natural gas, electricity, and a well already installed, it is ideal for a new rental unit or trailer space. As it sits, the pad could potentially generate approximately $500 per month in additional income from space rental, with even greater potential if developed into an additional dwelling.
Also located on the property is a fully powered hobby shed heated with natural gas. Its compact layout includes a loft with convenient pull-down stairs.
If you are looking to expand your real estate portfolio, this versatile multi-use investment property may be what you have been searching for. See the attachment for additional property details.
Features:
- Year Built: 1996
- Utilities: Septic tank
- Garage Spaces: 4
- Garage Description: Detached garage
Location:
35061 Adell Avenue, Sterling, Alaska 99672, USA
Listed By CENTURY 21 Realty Solutions
The Residential For Sale, Multi-Family Home located at 35061 Adell Avenue, Sterling, Alaska 99672, USA is currently for sale. 35061 Adell Avenue, Sterling, Alaska 99672, USA is listed for $475,000 USD. This property has 6 bedrooms, 2 full baths. If the property located at 35061 Adell Avenue, Sterling, Alaska 99672, USA isn't what you're looking for, search Alaska Real Estate to see other Homes For Sale in Sterling.
