Sterling, AK 99672,35061 Adell AVE
Sterling, AK 99672,35061 Adell AVE
Sterling, AK 99672,35061 Adell AVE
Sterling, AK 99672,35061 Adell AVE
Sterling, AK 99672,35061 Adell AVE
Sterling, AK 99672,35061 Adell AVE
Additional details
$ 475,000
Est. payment | /mo

6 Beds

3 Baths

2,910 SqFt


Save
$ 475,000
Est. payment | /mo
Save

6 Beds

3 Baths

2,910 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,910 sqft

Price per Sqft $163

MLS Listing ID 25-5935

Bedrooms 6

Full Baths 2

Three Quarter Bath 1

Construction Status Existing Structure

Year Built 1996

Lot Size 1.220 Acres

Acres 1.0

Source Alaska Multiple Listing Service

Property Description

With several rentable structures already in place, plus the property being already set up for future expansion, this unique, income-generating property presents a rare opportunity for investors.
The main residence is a spacious 3-bedroom home featuring 1 ¾ bath, an office, a dedicated craft area, and an oversized laundry/pantry room with a projected monthly income around $2,200. Separate from the main home is a fully detached 3-bedroom, 1-bath house that is currently leased at $1,600 per month, providing consistent and reliable income from day one.

For the commercial tenant, the expansive 32' x 40' heated shop offers extra potential value. Outfitted with in-floor heat, an overhead heater, a woodstove, and plumbing for a future bathroom, this versatile space includes separate areas for woodworking and auto repair. It also features a 12' x 12' manual shop door, a 220v welder outlet, a built-in workbench with a miter saw, and a 9,000-pound automotive lift.

This property also includes a gravel pad that's currently ready for future expansion. With natural gas, electric, septic, and well already installed, it's ideal for a new rental unit or RV hookup. As-is, it could bring in extra income per month from RV tenants, or substantially more if developed into an additional dwelling.

Also located on the property is a hobby shed, fully powered and heated with natural gas. Its compact layout includes a loft with pull-down stairs and could be used as a studio, workspace, or storage unit.

If you are looking to expand your real estate portfolio this multi-use rental property might just be what you have been looking for!

See the attachment for more property details.

Location

State AK

Area 340 - Sterling

Zoning UNZ - Not Zoned

Direction From the Sterling Highway, turn onto Scout Lake Loop Rd, drive about a half mile to Adell Ave and turn right. The property is on the left.

Interior

Heating Natural Gas

Exterior

Parking Features Heated, Detached

Garage Spaces 4.0

Garage Description 4.0

Building

Foundation Pilings, Slab

Lot Size Range 1.0

Sewer Septic Tank

New Construction No

Construction Status Existing Structure

Schools

Elementary Schools Sterling

Middle Schools Skyview

High Schools Soldotna

Others

Tax ID 06357029

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Alaska MLS
Listed by Century 21 Realty Solutions Freedom Branch
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krystal@teamrogershome.com

1689 S. Knik Goose Bay Suite 100, Wasilla, AK, 99654

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