622 11th AVE Active Save Request In-Person Tour Request Virtual Tour
Fairbanks,AK 99701
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,580 sqft
Price per Sqft $641
MLS Listing ID 25-688
Bedrooms 62
Full Baths 48
Construction Status Existing Structure
Year Built 1972
Lot Size 0.697 Acres
Acres 0.7
Source Alaska Multiple Listing Service
Property Description
This outstanding multi-unit property in the heart of Fairbanks presents a prime investment opportunity with strong cash flow potential. Featuring34 units across 4 well-maintained buildings, this property offers a desirable mix of 3-bedroom and 1-bedroom units that are always in high demand due to its unbeatable location. This property offers a rare chance to secure a fully operational investment with minimal effort required. With nearly all units updated and a history of low vacancy, it's the perfect fit for an investor seeking a reliable and profitable asset in Fairbanks' thriving rental market.
Units listed: 622 & 632 11th Ave, 635 & 639 10th Ave
Location
State AK
Area 710 - North Fairbanks
Zoning GC - General Commercial
Direction Cushman Street, Turn Left on Tenth Ave,Property on the left, across from police station.
Interior
Heating Baseboard,See Remarks
Exterior
Parking Features Other-See Remarks
Roof Type Membrane
Building
Lot Size Range 0.7
Sewer Public Sewer
New Construction No
Construction Status Existing Structure
Schools
Elementary Schools Denali
Middle Schools Ryan
High Schools Lathrop
Others
Tax ID 0519456
Virtual Tour https://www.tourfactory.com/idxr3187992