Investment Opportunity: 5-Bedroom Tri-Plex for Sale in North Pole, AK
A prime investment property in North Pole, AK, featuring a 5-bedroom tri-plex built in 2004.
This property includes two spacious 2-bedroom, 1-bath units and one cozy 1-bedroom, 1-bath unit, all situated on a nice green lawn with high vaulted ceilings, plush carpeting, and roomy closets.
Key Features:
Convenient Location: Just 5 minutes from the back gate of Fort Wainwright and 12 minutes from Eielson Air Force Base, making it ideal for military families.
High Demand: The military keeps these units 100% occupied, with an average stay of 5.
5 years.
Rental Income: Current rental rates are $1,795/month for 2-bedroom units and $1,450/month for the 1-bedroom unit, totaling $5,040/month at one-year lease rates.
Discounts available for longer leases.
This authentic Alaskan cabin has undergone a complete remodel, featuring all-new plumbing, electrical systems, heating, windows, flooring, and sheetrock.
The tri-plex maintains the beauty of Alaskan logs while providing modern amenities.
Enjoy a semi-secluded atmosphere close to shopping and military bases.
Financing Options: Owner financing is available with 30% down for 10 years at 10%.
This property is perfect for owner-occupants looking to offset their mortgage with rental income.
Don’t miss out on this unique opportunity!
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Date | Event | Price |
---|---|---|
09/30/2024 | Listing Price | $399,000 |
2361 Old Badger Road, North Pole, AK 99705, USA, City - Fairbanks North Star Borough