35061 Adell Avenue,Sterling, AK 99672
Sterling, AK 99672
Description
With multiple rentable structures already in place and the property prepared for future expansion, this unique income-producing property presents an investment opportunity. The main residence is a spacious 3-bedroom home featuring 1¾ baths, an office, a dedicated craft area, and an oversized laundry/pantry room, with projected rental income of approximately $2,000 per month. In addition, fully detached 3-bedroom, 1-bath home is currently rented at $1,600 per month. For a commercial tenant, the 32' x 40' heated shop adds income potential. Equipped with in-floor heat, an overhead heater, a wood stove, and plumbing for a future bathroom, this versatile space includes designated areas for both woodworking and auto repair. Additional features include 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. Estimated rental income is approximately $1,500 per month. This property also includes a gravel pad that is ready for future expansion. With natural gas, electricity, and a well already installed, it is ideal for a new rental unit or trailer space. As it sits, the pad could potentially generate approximately $500 per month in additional income from space rental, with even greater potential if developed into an additional dwelling. Also located on the property is a fully powered hobby shed heated with natural gas. Its compact layout includes a loft with convenient pull-down stairs. If you are looking to expand your real estate portfolio, this versatile multi-use investment property may be what you have been searching for. See the attachment for additional property details. Selling As Is.
Details
| MLS # | 26-2413 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1996 |
| Days On Site | 164 |
| Listing Provided By | Century 21 Realty Solutions Freedom Branch | Melissa T Daugherty |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,910 |
| Garage | 4 |
| Units | 5 |
| Building(s) | 5 |
| Zoning | UNZ - Not Zoned |
| Acreage | 1.22 |
| Water Front | River |
Interior
| Heating | Wood, Natural Gas |
|---|---|
| Heating Yes / No | Yes |
Exterior
| Wtrfrnt Hyphen Access Sp Near Co Wtrfrnt Hyphen Access Sp Near | River |
|---|---|
| Foundation Details | Other, Pilings, Slab |
| Other Structures | Shed(s) |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Detached, Heated Garage |
Utilities
| Sewer | Septic Tank |
|---|
Location
| Road Surface Type | Dedicated Road, Government, Maintained |
|---|---|
| Frontage Type | None |
Taxes
| Tax Map Number | N/A |
|---|---|
| Tax Legal Description | Adell Acres Addn #1 L2 |
Area Information
| State | AK |
|---|---|
| City | Sterling |
| Zip Code | 99672 |
| Area | 1B Kenai Peninsula Borough |
| Subarea | Sterling |
| School District | Soldotna |
| Elementary School | Sterling |
| High School | Soldotna |
| Listing VS Median (in 99672) | |
Price: $435,000 low | high Med: $462,000 sqft: 2,910 low | high Med: 1,052 $ / sqft: $149 low | high Med: $439 On site: 164 low | high Med: 428 | |
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Learn More About This Property
| State | AK |
|---|---|
| City | Sterling |
| Zip Code | 99672 |
| Area | 1B Kenai Peninsula Borough |
| Subarea | Sterling |
| School District | Soldotna |
| Elementary School | Sterling |
| High School | Soldotna |
| Listing VS Median (in 99672) | |
Price: $435,000 low | high Med: $462,000 sqft: 2,910 low | high Med: 1,052 $ / sqft: $149 low | high Med: $439 On site: 164 low | high Med: 428 | |
