NOT LISTED FOR SALE

2881 Elvira Ave North Pole, AK 99705

Badger Neighborhood
24 Beds
15 Baths
11,424 Sq Ft
1.43 Acres

Last Sold January 10, 2024

About This Home

As of January 2024

Explore this fantastic investment opportunity in a 15-unit rental property, perfect for both new and experienced investors. The building features avariety of unit types, including efficient studios, comfortable one-bedroom, and spacious two-bedroom apartments. Each unit is equipped withconvenient washer and dryer hookups and individual hot water heaters. Monthly rents span from $900 to $1785, ensuring a diverse income stream. During the colder months, the three boilers with radiant floor tubing efficiently heat these three interconnected buildings. You'll find comprehensive documentation, including floor plans, unit configurations, and a rent roll, in the associated materials.

Last Agent to Sell the Property

Non-Member Non-Member

Non-Member Office License #4999 Listed on: 09/25/2023

Last Buyer's Agent

Debbie Ramin

Powered By Lymburner Realty License #500066

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $12,937

Year Built

  • Built in 2022

Lot Details

  • 1.43 Acre Lot

Parking

  • 18 Parking Spaces

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 11,424 Sq Ft Home
  • Laminate Flooring
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 15 Full Bathrooms

Schools

  • Midnight Sun Elementary School
  • North Pole Middle School
  • North Pole High School

Utilities

  • Radiant Heating System
  • Private Water Source
  • Well
  • Septic Tank

Community Details

Overview

  • 15 Units

Building Details

  • Operating Expense $75,000
  • Gross Income $275,640

Property Details

Home Type

Apartment

Est. Annual Taxes

$12,937

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.43
  • Road Surface Type: Gravel
  • Directions: Badger Road to Elvira to property on theLeft.NO Signage.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment Style, Other - See Remarks, Ranch
  • Year Built: 2022
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: NewHome

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 15
  • Total Bedrooms: 24
  • Flooring: Laminate
  • Living Area: 11424

Exterior Features

  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Metal, Wood Frame - 2x6
  • Foundation Details: Slab
  • Property Condition: Existing Structure
  • Roof: Metal

Garage/Parking

  • Total Parking Spaces: 18

Utilities

  • Security: Smoke Detector(s)
  • Heating: Radiant
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Private, Well

Schools

  • Elementary School: Midnight Sun
  • High School: North Pole
  • Middle Or Junior School: North Pole

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 62290.8
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown
  • Zoning: UNK
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

  • Number Of Units Total: 15
  • Annual Gross Income: 275640
  • Annual Operating Expense: 75000

Tax Info

  • Tax Annual Amount: 12936.62
  • Tax Map Number: N/A

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 For Sale $1,400,000 -- $123 / Sq Ft
01/10/2024 01/10/24 Sold -- -- --
10/07/2023 10/07/23 Pending -- -- --
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    Non-Member Non-Member

    Non-Member Office

  • Debbie Ramin

    Buyer's Agent in 2024

    Debbie Ramin

    Powered By Lymburner Realty

    (907) 631-2780

    125 in this area

    413 Total Sales

    Debbie Ramin
    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 24-401

Alaska Multiple Listing Service
Alaska Fairbanks North Star Borough North Pole 99705 Badger

2881 Elvira Ave, North Pole, AK

This home is located at 2881 Elvira Ave, North Pole, AK 99705 since 25 September 2023. This property was built in 2022. 2881 Elvira Ave is a home located in Fairbanks North Star Borough with nearby schools including Badger Road Elementary School, North Pole Middle School, and North Pole High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Alaska Multiple Listing Service The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Ten-X are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.

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