Investors! Here is a rare opportunity to pick up a 6-plex near the back gate of Ft. Wainwright. Owners report a low vacancy rate and each unit rents out from $700 to $900 a month with tenants paying their own electric in 4 out of the 6 units. A non-disclosure agreement is required to release financial data and the CAP rate is estimated to be in excess of 9%. If you are looking for an income producing property in a great location, here it is! New furnace 2014 and new water heater 2018. Exterior grading and parking rails with plug ins for vehicles in 2016.
Heating system: Forced air
MLS Listing ID: 17-15793
Year Built: 1963
At $294,900, this home is priced $5,898 cheaper than the current market rate for a 6 bedroom home in Fairbanks.
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Listing provided by MLS.
Listing agent Madden - Walden Real Estate 907-452-3000.