720 Eighteenth AVE Active

Fairbanks,AK 99701

$ 475000

6 Beds

4 Baths

2360 SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,360 sqft

Price per Sqft $201

MLS Listing ID 25-592

Bedrooms 6

Full Baths 4

Year Built 1946

Lot Size 3,500 Sqft

Property Description

Income producing 4 plex next to the hospital. Average rents in 2024 once BNB was active totaled $7170/month with three long term tenants and one BNB. Two of three units complete remodel including new siding, stairs, new windows to meet egress, new eves over entry, new lower roof, new appliances in 2 of 4 units, & one unit is furnished. Natural gas and all city utilities, gutters, see more Income producing 4 plex next to the hospital. Average rents in 2024 once BNB was active totaled $7170/month with three long term tenants and one BNB. Two of three units complete remodel including new siding, stairs, new windows to meet egress, new eves over entry, new lower roof, new appliances in 2 of 4 units, & one unit is furnished. Natural gas and all city utilities, gutters, regraded driveway, keyless entry throughout, and landlord thermostats to control heat bills. Newer gas boiler, separate electric meters with electric water heaters, one of which is brand new. With an offer acceptable to seller, furnished unit items to stay. Future BNB bookings in unit 4 to convey. Owners are Real estate licensees in the state of Alaska.

Location

State AK

Area 720 - Southeast Fairbanks

Zoning MF - Multiple Family Residential

Interior

Heating Baseboard

Exterior

Parking Features None

Roof Type Asphalt

Building

Lot Description Level

Foundation Poured Concrete

Sewer Public Sewer

New Construction No

Schools

Elementary Schools Hunter

Middle Schools Ryan

High Schools Lathrop

Others

Acceptable Financing Cash,Conventional,FHA,1031 Exchange,VA Loan

Listing Terms Cash,Conventional,FHA,1031 Exchange,VA Loan

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