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$475,000

For Sale

An hour ago

MLS® 26-2413

6 Bed

3 Bath

2910 sqft

10 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2910 sqft
Garage Yes
Taxes 
Days Active 0
Lot Size 1.22 acres
Approx. Age 1996
Avg. Price Per Sqft $163
MLS® Number 26-2413

Property Address: 35061 Adell Ave, Sterling, AK, 99672-9407

Average square foot calculated using Size range provided by listing agent.

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 13/4 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.
MLS® Number26-2413
Laundry LevelWasher/Dryer HkUp
Central VacNo
FireplaceNo
Acreage1.22
Exterior
GarageYes
Approx. Age1996
Basement
DrivewayCircular Driveway, RV Access/Parking, Detached, Heated Garage
Garage Spaces1280
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 14, 2026List Date
$475,000List Price
  • Commute

Commute

Starting Address
Destination Address
35061 Adell Ave, Sterling, AK

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