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Map
$129,000
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Multifamily -
For Sale
916 DOYLE ROAD
North Pole, AK 99705
Studio
0 Bath
542 Sqft
$682
Estimated Monthly
$0
HOA / Fees
8.86%
Cap Rate
About This Property
Amazing Investment Opportunity!!! Three dry cabins on almost an
acre! You can't beat this price. These dry cabins are an
incredible opportunity for investors looking to build equity with
passive income. Dry cabins are very low maintenance and units
were built with the idea of being able to own rentals with minimal
worry. Tenants pay for all utilities and cabins are on
electric heat paid for by tenants. No fuel to worry about and
with dry cabins, you do not have to worry about plumbing or
freezing issues. The newest cabin is a beautiful 12X16 with a
full loft that was just finished in the fall, with 12 inch walls
and a stunning interior. Walls are dense packed fiberglass with a
R53 rating. Rent for Cabin #3 is $650 per month and has not been
included in the yearly gross since it is new. Cabin #2 is a 12X12
and was built in 2019 and is currently being rented for $425 a
month. Cabin #1 is also 12X12, and was built in 2018 and is
currently being rented for $350. All cabins have their own
8X8 shed and outhouse. Privacy fencing also creates space for
each tenant. Long term rental history with little turn over
adds another level of ease and simplicity for the new owner. All
leases are currently month to month.
The manager has listed the unit size as 542 square feet.
The manager has listed the unit size as 542 square feet.
Unit Size
542Ft²
Days on Market
65 days
Land Size
0.90 acres
Price per sqft
$238
Property Type
Multifamily
Property Taxes
$48
HOA Dues
-
Year Built
2018
Listed By
Last updated: 2 months ago (GFBRAK #154624)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 24, 2024 | Relisted | $129,000 | |
Relisted | |||
Mar 16, 2024 | No longer available | - | |
No longer available | |||
Feb 27, 2024 | Listed by HEDGECOCK GROUP REAL ESTATE, LLC | $130,000 | |
Listed by HEDGECOCK GROUP REAL ESTATE, LLC |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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