609 Front Street

    Fairbanks, AK 99701
    • $295,000
    • STATUS: Active
    • ON SITE: 340 days
    • MLS #: 18-15974
    UPDATED: 38 min ago
    $295,000
    • 4
      BEDS
    • 1.55
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 2,740
      SQFT
    • $108
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1998

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Great opportunity for someone to develop this 1.55 acre site while collecting rents from the existing properties. The duplex has a one bedroomunit 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 islocated 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".

    Monthly Payment Calculator

    DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than RMG Real Estate Network | Keller Williams Realty Alaska Group 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 information was last updated on: 2019-08-24T05:40:41.307.
    www.alaskahomesearch.com/homes/87565385

    609 Front Street Fairbanks, AK 99701

    • Price: $295,000
    • Status: Active
    • Updated: 38 min ago
    • MLS #: 18-15974
    4
    Beds
    4
    Baths
    0
    ½ Baths
    1.55
    Acres
    2,740
    SQFT
    $108
    $/SQFT
    1998
    Built
    Neighborhood:
    East Fairbanks
    Area:
    East Fairbanks
    Elementary School:
    Nordale
    Middle School:
    Tanana
    High School:
    Lathrop
    Property Description
    Great opportunity for someone to develop this 1.55 acre site while collecting rents from the existing properties. The duplex has a one bedroomunit 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 islocated 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".
    Exterior Features

    Access Type Maintained Carport Spaces 0 Construction Type Other Exterior Finish VinylWood Foundation Type Block Garage Type Detached Parking Spaces 10.00 Roof Type Asphalt/Comp ShingleMetal Waterfront Access Near Slough/Estuary Waterfront Frontage Slough/Estuary

    Interior Features

    Fuel Type Oil Heat Type BaseboardForced AirIn-Floor HeatRadiant

    Property Features

    Borough Census Area 3C - Fairbanks North Star Borough Construction Status Existing Structure Features Multifamily Dsl-Cable AvailableRv ParkingShed Foreclosure Bank Owned No Mortgage Info EMMinimum Deposit 5000.00 Multifamily Type Four-PlexOther - See Remarks Region 3 - Interior & North Alaska Regions - All Sewer Type Public Sewer Taxes 7648.00 Units Efficiency 1 Units1 Bedroom 3 Water Type Public Zoning Mf - Multiple Family Residential

    Listing Office Meyeres Real Estate. Copyright 2019 Alaska Multiple Listing Service, Inc. All rights reserved.
    DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than RMG Real Estate Network | Keller Williams Realty Alaska Group 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 information was last updated on: 2019-08-24T05:40:41.307.
     
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