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35061 Adell Avenue, 
Sterling, AK 99672

$475,000


6

Beds


3

Baths


2,910

Sq Ft


Multi-Family

Active

Listed by

Melissa T Daugherty

Century 21 Realty Solutions Freedom Branch

907-262-1770

Last updated:

May 21, 2025, 09:04 PM

MLS#

25-5935

Source:

AK AMLS

About This Home

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 3/4 bath, an office, a dedicated craft area, and an oversized laundry/pantry room with a projected monthly income around $2,200. Separate fromthe 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.

Home Facts

Multi-Family

3 Baths

6 Bedrooms

Built in 1996

Price Summary

475,000

$163 per Sq. Ft.

MLS #:

25-5935

Last Updated:

May 21, 2025, 09:04 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2

Interior

Living Area:

2,910 Sq. Ft.


Structure

Structure

Building Area:

2,910 Sq. Ft.

Year Built:

1996


Lot

Lot Size (Sq. Ft):

53,143


Finances & Disclosures

Finances

Price:

$475,000

Price per Sq. Ft:

$163 per Sq. Ft.

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The listing content relating to real estate for sale on this website comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing content scraping by unauthorized personnel is strictly prohibited. Copyright © 2025 Alaska Multiple Listing Service, Inc. All Rights Reserved. Date Last Updated June 16, 2025

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