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Listing 10 out of 14
$295,000 For Sale

609 Front Street
Fairbanks, AK 99701

4 units | Multi Family Home
1.5499 acres - MLS# 138617
Property Photo
1/14

Description

Great opportunity for someone to develop this 1.55 acre site while collecting rents from the existing properties. The duplex has a one bedroom unit upstairs that rents for $850/m and an efficiency unit downstairs that rents for $690. The coin-op laundry for all tenants on this property is located on the bottom level of this duplex as well. The small 1 bedroom house built in 2015 rents for $900/m. And the older house, built in 1946, rents for $675. All tenants pay electric and no other utilities. The shipping containers are stored on the property for $110/m, which results in a total monthly income of $3225 for all units & storage. There is also an older detached garage. This property is on public utilities and it would work for a condo project or several multi-family units. Known locally as "Fat City". Selling as-is.

Features

  • Property Type: Multi Family Home
  • Sub Type: Four Plex
  • Listing Status: Active
  • County/Area: Fairbanks North Star Borough
  • Zip Code: 99701
  • Year Built: 1998
  • Age: 20 + Yrs.
  • Elementary School: Nordale
  • Middle School: Tanana
  • High School: Lathrop
  • Units: 4 units
  • Basement: Unfinished
  • Garage: Detached/Un
  • # of Parking Spaces: 10
  • Lot Size: 1.5499 acres
  • Waterfront: Slough
  • Zoning: Multiple-Family Residential District
  • # Of Bath Areas: 4
  • Appliances And Equipment: Range/Oven, Microwave, Refrigerator, Washer, Dryer, Blinds, Ceiling Fan
  • Aprx. Garage Sq. Ft.: 250
  • Bedrooms/Unit: Combo
  • Exterior Features: Cable TV, Garden Area, High Speed Internet, Lawn, Rv Parking, Shed, Telephone Service
  • Exterior Finish: T1-11, Vinyl, Lap Siding
  • Fire Service: Public
  • Foundation: Concrete Block
  • Fuel Source: Oil
  • Garage Capacity/Unit:: 1
  • Heating: Forced Air, Hot Water Baseboard, Radiant Floor
  • Interior Features: Smoke Detectors, Tile Floors
  • Lot Sq. Ft.: 67513
  • Other Roms: Arctic Entry
  • Road Access: Maintained
  • Road Service: Public
  • Roof: Metal, Shingle
  • Sewer: Public
  • Type Of Units 1 Bdrm: 3
  • Type Of Units Eff: 1
  • Water: Public
  • Windows: Thermal Pane, Vinyl, Wood
Courtesy of Meyeres Real Estate, Audrey Foldoe

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PO Box 74765
Fairbanks, AK 99707

907-452-7424
  rich@richkelleyrealty.com

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Rich Kelley | 907-452-7424 | rich@richkelleyrealty.com
PO Box 74765 - Fairbanks, AK 99707
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