622 11th AVE Active

Fairbanks,AK 99701

$ 5500000

62 Beds

48 Baths

8580 SqFt


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

Year Built 1972

Lot Size 0.697 Acres

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

Interior

Heating Baseboard,See Remarks

Exterior

Parking Features Other-See Remarks

Roof Type Membrane

Building

Sewer Public Sewer

New Construction No

Schools

Elementary Schools Denali

Middle Schools Ryan

High Schools Lathrop

Others

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