Check Availability
$129,000
Multifamily - For Sale

916 DOYLE ROAD

North Pole, AK 99705
bedrooms
Studio
bathrooms
0 Bath
square feet
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.
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
Betsy Sanborn
HEDGECOCK GROUP REAL ESTATE, LLC
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

916 Doyle Drive 916 Doyle Drive, North Pole, AK 99705
  • 1 Unit for Sale
More about this Building
916 Doyle Drive
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