609 Front Street

    Fairbanks, AK 99701
    • $309,900
    • STATUS: Active
    • MLS #: 138617
    UPDATED: 48 min ago
    $309,900
    • 0
      BEDS
    • 1.55
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,740
      SQFT
    • $113
      $/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 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.

    Monthly Payment Calculator

    IDX information © 2018 Greater Fairbanks Board of Realtors Multiple Listing Service.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS or Madden Real Estate with Keller Williams Realty Alaska Group.
    www.fairbanksakhomesearch.com/homes/87472374

    609 Front Street Fairbanks, AK 99701

    • Price: $309,900
    • Status: Active
    • Updated: 48 min ago
    • MLS #: 138617
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.55
    Acres
    2,740
    SQFT
    $113
    $/SQFT
    1998
    Built
    Neighborhood:
    Graehl
    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 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.
    Exterior Features

    Apx Garage Sq Ft 250 Construction Other/See Remarks Exterior Features Cable TvGarden AreaHigh Speed InternetLawnRV ParkingShedTelephone Service Exterior Finish T1-11VinylLap Siding Foundation Concrete Block Garage Capacity Per Unit 1 Garage Type Detached/Un Parking Spaces 10 Roof MetalShingle Windows Thermal PaneVinylWood

    Interior Features

    Appliances Range/OvenMicrowaveRefrigeratorWasherDryerBlindsCeiling Fan Basement Unfinished Bath Areas 4 Bedrooms Per Unit Combo Configuration Multiple Structures Heating Forced AirHot Water BaseboardRadiant Floor Interior Features Smoke DetectorsTile Floors Laundry Other/See Remarks

    Property Features

    Age 20 + Yrs. Apod YN No Assessments YN No CCRs YN No Fire Service Public For Sale Or Rent For Sale Fuel Source Oil Hoa Dues Monthly N/A Multifamily Type Four Plex Possession Recording Reo YN No Road Service Public Sewer Public Short Sale YN No Taxes 7648 Terms Cash/Refinance1St Deed Trust/Owner Fin Units Efficiency 1 Units Four Bedroom 0 Units One Bedroom 3 Units Three Bedroom 0 Units Two Bedroom 0 Water Public Zoning Multiple-Family Residential Dist Zoning Overlay N/A

    Listing provided courtesy of Audrey Foldoe of Meyeres Real Estate.
    IDX information © 2018 Greater Fairbanks Board of Realtors Multiple Listing Service.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS or Madden Real Estate with Keller Williams Realty Alaska Group.
     
    Madden Real Estate with Keller Williams Realty Alaska Group
    728 Gaffney Road, Suite 100
    Fairbanks AK, 99701