35061 Adell Avenue, Sterling, AK

$440,000

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6

Beds

3

Baths

2,910

Square feet

1.00

Acre

About 35061 Adell Avenue

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.

Features of 35061 Adell Avenue

MLS® # 25-5935
Price $440,000
Bedrooms 6
Bathrooms 3.00
Full Baths 2
Square Footage 2,910
Acres 1.00
Year Built 1996
Type Multi-Family
Sub-Type Duplex,Other - See Remarks
Status Active

Community Information

Address 35061 Adell Avenue
Area 340 - Sterling
Subdivision Adell Acres Addn #1 L2
City Sterling
State AK
Zip Code 99672

Amenities

Parking Spaces 10
Parking Heated, Detached
Garage Spaces 4
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement No

Exterior

Foundation Pilings, Slab

School Information

Elementary Sterling
Middle Skyview
High Soldotna

Additional Information

Date Listed May 20th, 2025
Days on Market 106
Zoning UNZ - Not Zoned
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCentury 21 Realty Solutions Freedom Branch

Listing Map

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