1796 Army Road

    Fairbanks, AK 99709
    • $64,900
    • STATUS: Active
    • MLS #: 136364
    New
    UPDATED: 49 min ago
    $64,900
    • 0
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 624
      SQFT
    • $104
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    2011

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Here is an amazing investment opportunity for you! 2 16ft x 16ft cabins with sleeping lofts built in 2011 and 2012. These are great rentals ideal for college students. Located right across from Ballaine lake and an easy walk to the University as well as right next to the bus stop! The first cabin is constructed of 3 sided logs and the second is stick framed 2x6. They have a very strong rental history with positive cash flow. Tenants pay $525 a month and pay their own electric and fuel. Cabins are dry so no need to worry about freeze ups! There is an additional treated post foundation on the property ready for a third cabin to be built on. With minor work you could easily increase your cash flow!

    Monthly Payment Calculator

    IDX information © 2018 Greater Fairbanks Board of Realtors Multiple Listing Service.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS or Madden Real Estate with Keller Williams Realty Alaska Group.
    www.fairbanksakhomesearch.com/homes/80745970

    1796 Army Road Fairbanks, AK 99709

    • Price: $64,900
    • Status: Active
    • Updated: 49 min ago
    • MLS #: 136364
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    624
    SQFT
    $104
    $/SQFT
    2011
    Built
    Neighborhood:
    Reed Acres
    Area:
    Rural Fairbanks
    Elementary School:
    University Park
    Middle School:
    Randy Smith
    High School:
    West Valley
    Property Description
    Here is an amazing investment opportunity for you! 2 16ft x 16ft cabins with sleeping lofts built in 2011 and 2012. These are great rentals ideal for college students. Located right across from Ballaine lake and an easy walk to the University as well as right next to the bus stop! The first cabin is constructed of 3 sided logs and the second is stick framed 2x6. They have a very strong rental history with positive cash flow. Tenants pay $525 a month and pay their own electric and fuel. Cabins are dry so no need to worry about freeze ups! There is an additional treated post foundation on the property ready for a third cabin to be built on. With minor work you could easily increase your cash flow!
    Exterior Features

    Construction Log Exterior Finish Log Foundation Treated Posts Garage Type None Roof Metal Style Dry Cabin

    Interior Features

    Appliances And Equipment Range/OvenRefrigerator Fuel Source Oil Heating Monitor/Toyo Total Baths 0 Windows Double Pane

    Property Features

    Age 6-10 Yrs CCRs YN No Fire Service Public Flood Zone Unknown For Sale Or Rent For Sale Foreclosure Reo YN No Hoa Dues Monthly 0 Licensee Owned No Residential Type Single Family Road Service Public Sewer None Short Sale YN No Single Family Options Detached Terms Cash/Refinance Water None Zoning Multiple-Family Residential Dist Zoning Overlay Unknown

    Listing provided courtesy of Shelley Munoz of Summit Realty Group.
    IDX information © 2018 Greater Fairbanks Board of Realtors Multiple Listing Service.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS or Madden Real Estate with Keller Williams Realty Alaska Group.
    Madden Real Estate with Keller Williams Realty Alaska Group
    728 Gaffney Road, Suite 100
    Fairbanks AK, 99701