1 / 50$440,000
Originally $475,000
35061 Adell Avenue
Sterling AK 99672
Century 21 Realty Solutions Freedom Branch
6
Bedrooms
3
Bathrooms
2,910
Sq Ft
1996
Year Built
MLS# 25-5935· Listed May 20, 2025
Live MLS feedAbout This Home
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.
Property Details
Sewer
Price & Status History
* Alaska is a non-disclosure state. Prices shown are listed asking prices, not recorded sale prices.
Documents & insights
44 documents from current & prior listings · parcel #06357029.
Summary of 44 documents from this property's current and prior listings. 27 items worth reviewing, plus 119 additional facts captured.
What the seller reported about utilities
The seller reports average monthly utility costs of $181. 35 for electricity provided by HEA and $225.00 for gas provided by Enstar. The property utilizes a private well and septic system. Additional services include hardwired DSL through ACS and a FiWi dish on the rental.
Source: Disclosure Statement · Current listing
Reflects the prior owner's usage and providers. Your costs may vary.
A sample of what's in the documents
Document listed a known issue
The Plat Map notes this item as a known issue. Exact wording from the document is quoted below.
Wastewater disposal for lots 6 and 7: soil conditions unsuitable for conventional onsite wastewater treatment and disposal systems.View source — Plat Map
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Documents on this listing
Documents from prior listings(38) · sign in to open
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Disclosure timeline
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Listed by: Melissa T Daugherty · Century 21 Realty Solutions Freedom Branch
© 2026 Alaska Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable but not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Dream Makers. Data last updated April 2026.
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Mortgage Estimate
$2,635/mo
$396,000 loan · 30yr · 7.0%
Estimate only. Taxes & insurance not included. Rates vary by lender.
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