4010 Old Wood Road, Fairbanks, AK 99709

$499,900

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List Price
$499,900
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Mountain, Territorial
Taxes
$$6,644.24
Style
Cabins
Garage Type
None
Year Built
2007
Heating
Monitor/Toyo
Elementary School
University Park
Middle School
Randy Smith
High School
West Valley
Construction
Log
Foundation
Other/See Remarks
Water
Holding Tank

Property Description

INVESTMENT opportunity! Featuring three cabins, all with independent utilities, on 4.2 acres just outside of the City of Fairbanks. While there are currently three cabins, the zoning allows for additional cabins to be added, creating an even greater opportunity for passive income. The partial log construction and private decks make for a truly Alaskan experience! And since it’s located above the inversion layer, you’ll find that it’s warmer during the winter months than in other, lower lying areas. Units D and E have 1500 gallon water holdings tanks. Unit F has a 1000 gallon water holding tank. All three buildings have independent septic systems and 300 gallon fuel tanks. Cabin F/1 – Featuring 1 bedroom and 1 bath. Currently rented for $1200/mo plus all utilities. Cabin E/2 – Featuring 2 bedrooms and 1.5 baths. Currently rented for $1600/mo plus all utilities. Cabin D/3 – Featuring 2 bedrooms, 1.5 baths w/ a bonus room. This cabin will be vacated upon closing and would be available for an owner occupant. Currently Rented for $1600/mo *Foundation is post on pad

Additional Information

Status
ACTIVE
MLS#
160479
Lot Size(apprx.)
183,474
Property Type
Multifamily
Residential Style
Cabins
Year Built
2007

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Calculator source: Real Geeks

Listing courtesy of THE REAL ESTATE COLLECTIVE.