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35061 Adell Avenue, Sterling, AK 99672

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For Sale

$465,000

6 beds • 3 baths

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family Home
    Property type

  • 1996
    Year built

  • 4 Car Garage
    Garage Count

  • Detached Garage
    Garage Description

Explore this Property

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 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.
MLS# 25-5935

Listed By CENTURY 21 Realty Solutions

Property Features

  • Basement
    Slab Foundation
  • Garage Count
    4 Car Garage
  • Garage Description
    Detached Garage
  • Lot Size
    1 Acres
  • Sewer
    Septic
  • Style
    Other Style

Map and Directions

Directions to 35061 Adell Avenue, Sterling, AK 99672

Home seller Meet the Agent,
Melissa Daugherty

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Melissa Daugherty

of CENTURY 21 Realty Solutions

(907) 252-5909
Learn More About Me

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Monthly Payment Breakdown

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Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

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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