If you’ve been on the lookout for a lucrative investment opportunity, look no further than this Alaska investment property for sale in the charming city of North Pole. Boasting a great location in the center of town, close proximity to schools, and the new public library, this property offers a unique chance to tap into the potential of this thriving community.
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One of the standout features of this property is its affordability. In an era where housing prices are skyrocketing, finding a livable house at an affordable price can be a challenging task. However, this investment property breaks the mold by presenting an opportunity that won’t break the bank.
Additionally, the property is connected to public utilities, a significant advantage that ensures hassle-free living for tenants and a lower risk factor for investors. With public utilities in place, you can rest easy knowing that basic amenities such as water, electricity, and sanitation are efficiently provided, avoiding any potential issues that may arise with private systems.
Currently, this investment property has a tenant in place who is willing to stay, making it an attractive option for those seeking an immediate return on investment. This established rental income stream allows for a smooth transition into becoming a landlord, with the added benefit of avoiding the challenges of finding tenants in a competitive rental market.
Furthermore, the property offers the opportunity to assume a VA loan, adding another layer of convenience and affordability for potential investors. VA assumable loans are a valuable asset, providing ease of financing and potentially saving thousands of dollars in loan origination fees and closing costs. This feature is particularly appealing to investors looking to minimize expenses and maximize profitability.
Beyond the financial benefits, the location of this investment property is worth highlighting. North Pole, Alaska, is a vibrant community known for its picturesque surroundings and welcoming atmosphere. Situated in the center of town, residents have convenient access to local schools, making it an attractive location for families.
Moreover, the proximity to the new public library adds an extra appeal to the property. Libraries are often seen as community hubs, providing valuable educational resources and serving as gathering places for residents of all ages. This nearby amenity adds value to the property and enhances its appeal to potential tenants.
In summary, this Alaska investment property in North Pole presents a remarkable opportunity for those seeking a profitable investment venture. With its great location, affordability, tenant in place, and the availability of a VA assumable loan, it ticks all the boxes for a savvy investor. Don’t miss out on the chance to make this property a part of your investment portfolio. Act now and seize the potential that awaits in this thriving Alaskan community.
237 E 7TH AVENUE, North Pole, AK 99705