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Listed by Jennifer Thompson • CENTURY 21 GOLD RUSH
$270,000
Est. payment /mo
4 Beds
4 Baths
2,160 SqFt
Price Dropped by $50K
2535 DILLON AVENUE North Pole, AK 99705
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Key Details
Property Type Multi-Family
Sub Type TRIPLEX
Listing Status Active
Purchase Type For Sale
Square Footage 2,160 sqft
Price per Sqft $125
Subdivision Ak
MLS Listing ID 161404
Bedrooms 4
Construction Status Other/See Remarks
Year Built 1985
Lot Size 0.980 Acres
Acres 0.98
Property Sub-Type TRIPLEX
Property Description
Investment Opportunity! Conveniently located between Fort Wainwright and Eielson Air Force Base, this unique multi-unit property is approximately 15 minutes from both Fairbanks and North Pole. With multiple living spaces situated together and shared indoor and outdoor amenities, the property offers a variety of possibilities—from long-term rentals or workforce housing to small retreats or a multi-unit short-term rental setup. The main modular building features a spacious 2-bedroom unit with two large bedrooms, a full bathroom, and a generous kitchen and dining area, currently renting for $1,800/month. The other portion of the building provides shared amenities for the additional units, including a kitchen, laundry area, and private bathroom facilities. Dry Cabin #1 is an approximately 280 sq. ft. efficiency-style unit currently renting for $1,000/month, while Dry Cabin #2 offers approximately 300 sq. ft. plus additional loft space and has rented for $1,200/month. Together, the three units offer potential gross rental income of approximately $4,000 per month, or $48,000 annually, based on the stated rents. The property also features a new solar panel system designed to help offset electricity costs and currently carries a significant credit on the GVEA electric account. With its strategic location near two military installations and convenient access to both Fairbanks and North Pole, this versatile property offers an appealing opportunity for an investor looking for multiple income streams from one property.
Location
State AK
Area Badger&Rural Np
Zoning General Use District - 1
Interior
Heating Electric Baseboard, Forced Air, Space Heater
Exterior
Parking Features None
Roof Type Metal
Total Parking Spaces 10
Building
Foundation Concrete Block
Water Private Well, Public
Construction Status Other/See Remarks
Schools
Elementary Schools Midnight Sun
Middle Schools N. Pole Middle
High Schools N. Pole High