OPEN HOUSE SCHEDULED FOR AUGUST 3rd HAS BEEN CANCELLED. HOME IS UNDER CONTRACT. THANK YOU. Selling a nice duplex in like new condition with new paint and flooring just completed. Open house Saturday, August 3 from 10am until 2 pm. Address is 464 Fabian Drive. Enjoy the 20 plus degree temperature inversions in the winter. Nice neighborhood and only 6 miles to the Home Depot area. Built by the owner in 1998. You have options as it has another long term tenant downstairs, on month to month agreement, who would like to stay. (You will not find a better tenant anywhere!)The rent from the smaller unit pays for 100% of the total yearly expenses for the entire building, including taxes and insurance, etc. The upper unit is currently empty, for this remodel, and would pay the mortgage with some positive cash flow while you build equity. Other than this remodel, it has never been vacant since built with a positive rental history and cash flow. It is in nice condition and a home inspection was recently done with positive results and is available to review. This includes the septic which is less than 7 years old. All new water treatment system as well. All of the items of concern have been taken care of. The land is 1.7 acres with no known permafrost. I have several years worth of electric and fuel consumption records and no liens on the property. It comes with a 4K generator, for those rare power outages, that will run the furnace and refrigerators. I will also pay for closing at Yukon Title, who already did the title search and all is ready to go. Yukon Title will handle the entire transaction. Included is a 2 car heated garage. The garage door is brand new. Fuel tank just filled in March and that conveys. Upstairs apartment has 2 bedroom and one bath. Bottom floor has a double garage and a one bed one bath apartment. The open yard area is low maintenance. Save on realtor fees at the asking price of $259,900. A similar duplex, which I also built several years ago, and sold last year, appraised at $283,000. Zillow has this one at around $282,000 when you type in the address. Also, the local schools are Weller (right next door) , Tanana and Lathrop. For some reason Zillow listed Two Rivers and North Pole as the schools. The reason for selling is we are downsizing our responsibilities. Looking for pre approved buyers. Real estate agents welcome at 2%. Call 347-9003 if interested or come to the open house on Saturday, August 3. Thank you for looking.
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