AK > Fairbanks
Fairbanks, AK 99701,622 11th AVE
Fairbanks, AK 99701,622 11th AVE
Fairbanks, AK 99701,622 11th AVE
Additional details
Elite Real Estate Group

Elite Real Estate Group

$5,500,000
Est. payment /mo
62 Beds
48 Baths
8,580 SqFt
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UPDATED:

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

Originating Board Alaska Multiple Listing Service

Year Built 1972

Lot Size 0.697 Acres

Acres 0.7

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

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Listed by Walden Home Group

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