Fairbanks AK Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
2,907
Status:
Active
Beds:
5
Lot size:
0.1 Acres
Year built:
1951
Baths:
3.00
MLS#:
24-13877

ADDITIONAL INFORMATION

Charming Multi-Family Property in the Heart of Fairbanks, AK! This meticulously maintained gem offers an array of conveniences, from in-unit washer and dryer facilities to plug-ins for vehicles outside. With spacious living areas and abundant storage, it promises comfort and convenience. The front and back yards are securely fenced, and the prime location places you near the hospital, sports parks, schools, the public library, the airport, Fort Wainwright military base, a movie theater, and numerous downtown amenities. Don't miss this opportunity to invest or live in this well-equipped property in the heart of Fairbanks. Schedule your showing today to explore all it has to offer!

Type:
Multi-Family
Sq.Ft.:
7,500
Status:
Active
Beds:
n/a
Lot size:
0.28 Acres
Year built:
1954
Baths:
8.00
MLS#:
22-13392

ADDITIONAL INFORMATION

This is a unique property that was built for and has continued to be a rooming house for many years. Located close to downtown, it is within walking distance to almost everything. It fills a niche for folks that have a limited budget and don't need much space - some have lived there for many years. Converting to a B&B, office or other use are options. You can access the building from 6th or 7th Avenue with parking on both sides. Laundry area, bike storage and storage units are also available in addition to 25 living areas, some with private baths but most that share 5 common bathrooms. Security doors, sprinkler system throughout, 2 boilers and other amenities make this an investment without much competition. Some furnishings will convey. Owner is a licensed Broker in the State of Alaska. Tax parcels 37583 & 37574. The addition (1982) is 2x6; original section (1954) unknown. See attached document for more info on the layout and building amenities.

Type:
Multi-Family
Sq.Ft.:
13,312
Status:
Active
Beds:
32
Lot size:
1 Acres
Baths:
16.00
MLS#:
24-3329

ADDITIONAL INFORMATION

Looking for a High Income producing property? Then this is it!! You get 2 - 8 Plex's for a total of 16 units. Each unit is 2 bedrooms and 1bathroom and each building is 6656 sq/ft for a total of 13312 sq/ft of living space. Each building has their own coin -op washer/dryer laundry area. there is also a 2 story utility building and an Atco unit that is full of parts, tools, a couple extra ovens that conveys with purchase. There was a new Boiler heating system installed in Building 192 last year in 2023. Contact today for a showing and to request the 2023 Income statements and 2023 rental rates. All units are rented. These generate a high cash flow. Seller will not owner finance, Purchase needs to be cash or to purchase these with a loan you would need a high down payment due to the second building. Call for more details.

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Andrea Conner, License # 130198, Xome Inc. License # OFFICE2308, Entity# 10010943; Corporation License# 1024608, Entity # 10010943, [email protected], 844-400-XOME (9663), 200 West 34th Avenue, #765, Anchorage, AK 99503



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 the owner of this site 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. Copyright 2024 Alaska Multiple Listing Service, Inc. All rights reserved.



Fairbanks Real Estate

The median home value in Fairbanks, AK is $280,000. This is higher than the county median home value of $271,700. The national median home value is $338,100. The average price of homes sold in Fairbanks, AK is $280,000. Approximately 31.96% of Fairbanks homes are owned, compared to 52.75% rented, while 15.3% are vacant. Fairbanks real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fairbanks real estate agent to arrange a tour today!

Fairbanks, Alaska has a population of 33,018. Fairbanks is less family-centric than the surrounding county with 34.3% of the households containing married families with children. The county average for households married with children is 35.29%.

The median household income in Fairbanks, Alaska is $66,572. The median household income for the surrounding county is $78,321 compared to the national median of $69,021. The median age of people living in Fairbanks is 28.2 years.

Fairbanks Weather

The average high temperature in July is 73.3 degrees, with an average low temperature in January of -14.9 degrees. The average rainfall is approximately 11.7 inches per year, with 60.9 inches of snow per year.

Fairbanks Real Estate Market Conditions

  • Median sales price

    $280,000
    8.2% change since last quarter
  • # Active listings

    108
    30-day change

Fairbanks Schools and Demographics

Education near Fairbanks, AK

Metric City County
High School Graduates 94.01 94.47
College Degree - 2 year 10.11 9.41
College Degree - 4 year 27.15 32.56
Graduate Degree 6.15 9.04
Expenditures per Student 17,717 17,717
Students per Teacher 27.6 27.6

Elementary Schools near Fairbanks, AK

School Grades Students P/T Ratio ZIP
Anne Wien Elementary School PK - 06 420 16.9 99701
Arctic Light Elementary School PK - 06 536 19.1 99703
Badger Road Elementary School PK - 05 476 18.1 99705
Barnette Magnet School PK - 08 409 14.4 99701
Chinook Montessori Charter School KG - 08 150 19.7 99701
Denali Elementary School PK - 06 389 15.8 99701
Hunter Elementary School PK - 06 332 18.2 99701
Joy Elementary School PK - 06 452 16.6 99701
Ladd Elementary School PK - 06 508 15.2 99701
Nordale Elementary School PK - 06 314 14.3 99701
North Pole Elementary School PK - 05 519 18 99705
Pearl Creek Elementary School PK - 06 494 17.8 99709
Salcha Elementary School PK - 06 69 11.5 99701
Ticasuk Brown Elementary School PK - 05 515 17.9 99701
Two Rivers School PK - 08 89 15.2 99701
University Park Elementary School PK - 06 503 17.6 99709
Watershed Charter School KG - 08 199 19.5 99709
Weller Elementary School PK - 06 469 17.9 99701
Woodriver Elementary School PK - 06 450 17.8 99709

Middle Schools near Fairbanks, AK

School Grades Students P/T Ratio ZIP
North Pole Middle School 06 - 08 669 18.9 99705
Randy Smith Middle School 07 - 08 325 17.1 99701
Ryan Middle School 07 - 08 353 16.3 99701
Tanana Middle School 07 - 08 463 17.7 99701

High Schools near Fairbanks, AK

School Grades Students P/T Ratio ZIP
Effie Kokrine Charter School 07 - 12 157 14.3 99709
Lathrop High School 09 - 12 1,045 17.9 99701
North Pole High School 09 - 12 760 18.5 99705
Star of the North Secondary School 07 - 12 193 16.4 99705
West Valley High School 09 - 12 1,000 19.3 99709

Ungraded Schools near Fairbanks, AK

School Grades Students P/T Ratio ZIP
Alternative Learning Systems PK - 12 114 114 99701
Fairbanks B.E.S.T. KG - 12 233 233 99701
Fairbanks Youth Facility 05 - 12 16 4 99701
Interior Distance Education of Alaska (Idea) PK - 12 4,020 124.1 99701
Raven Correspondence School PK - 12 1,169 98.2 99709

Demographics near Fairbanks, AK

Metric City County
Neighborhood Type
Population 33,018 97,149
Population Density 1,040 13
Median Age 28.2 31.9
People per Household 2.6 2.6
Median Household Income 66,572 78,321
Average Income per Capita 33,194 39,820