Are you looking for a lucrative investment opportunity in Alaska? Look no further than this exceptional investment property for sale. Situated on a quiet cul-de-sac, this duplex offers a range of attractive features that make it an ideal investment.
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Each unit of this duplex boasts three bedrooms, providing ample space for tenants. Additionally, each unit includes a full bathroom and a one-car garage, ensuring convenience and comfort for residents. The inclusion of a washer and dryer in each unit further adds to the appeal, making it an attractive prospect for potential tenants.
One of the standout features of this property is its excellent rental history. With current leases in place, each unit generates $1,800 in monthly rental income. This impressive rental income provides a stable and consistent return on investment. Furthermore, the tenants are responsible for paying the electric bills, minimizing the landlord’s expenses.
The property comprises two units, with 4011 lease expiring in mid-June and 4009 lease ending in November. This arrangement allows for flexibility in managing the property, providing opportunities for potential buyers to make adjustments or renew the leases according to their preferences.
It is worth noting that the property is being sold as-is, which presents a unique opportunity for investors to put their personal touch on the duplex. While it is already a highly desirable property, the potential to enhance and improve it further is a great advantage.
For those seeking a move-in ready home, it is worth mentioning that the bathroom in 4011 was remodeled in August, adding a modern touch to the unit. Additionally, 4011 features a wood stove, providing a cozy and warm atmosphere during the colder months.
Privacy and outdoor space are important considerations for many tenants, and this investment property delivers on both fronts. Each side of the duplex is equipped with a separate fenced backyard, offering tenants a private outdoor area to relax and enjoy. This feature adds to the overall appeal of the property, making it an attractive choice for potential tenants.
Constructed with 2×4 and 2×6 materials, this property is built to last. The sturdy construction ensures durability and longevity, providing peace of mind for the property owner.
In conclusion, this Alaska investment property for sale is a fantastic opportunity for those seeking a profitable venture. With its duplex layout, desirable features, excellent rental history, and potential for improvement, it offers a solid investment option. Don’t miss out on the chance to own this exceptional property in a quiet cul-de-sac. Act now and secure your future in the Alaskan real estate market.
4009/4011 WIDGEON WAY, Fairbanks, AK 99709