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261 Crossway, North Pole, AK 99705

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For Sale

$439,900

3,336 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $131.86
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

Looking for a multi-family investment in North Pole with strong rental potential? This is it. 261 Cross Way in North Pole, Alaska is a spacious triplex totaling 3,336 square feet, originally built in 1983 for the builder s own family. This well-maintained property features three separate units: Unit A is a 3-bedroom, 1-bath apartment with a full kitchen, dining room, and living room. Unit B, the main unit, is a 4-bedroom, 2-bath, two-story apartment with a large upstairs living room, a downstairs den, and plenty of storage. Unit C is a 1-bedroom, 1-bath apartment. The building also includes a 2-car garage and shared laundry. Energy-efficient features include double wall construction, a natural gas boiler, some newer windows, and a roof that was replaced approximately 10 years ago. Each unit is separately metered for electricity, has its own hot water heater, and tenants pay for their own utilities. The property is on public utilities, which is a major advantage for investors. Market rents suggest $2,200 for the 4-bedroom unit, $1,700 for the 3-bedroom, and $1,200 for the 1-bedroom providing a potential monthly income of $5,100. With low owner expenses and high rental potential, this is a rare opportunity to own a solid multi-family property.
MLS# 157406

Courtesy Of Summit Realty Group

(907) 374-3208

Property Features

  • Age
    41-50 Years Old
  • Appliances
    Dishwasher, Dryer, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Heating System
    Baseboard
  • Lot Size
    0.02 Acres
  • Rooms
    Basement

Map and Directions

Directions to 261 Crossway, North Pole, AK 99705

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Copyright © 2025 Greater Fairbanks Board-Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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