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Key Details
Sold Price $475,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,360 sqft
Price per Sqft $201
MLS Listing ID 25-592
Sold Date 04/30/25
Bedrooms 6
Full Baths 4
Construction Status Existing Structure
Year Built 1946
Lot Size 3,500 Sqft
Acres 0.08
Property Sub-Type Fourplex
Source Alaska Multiple Listing Service
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
Direction Cushman to 18th, property on right. From Hospital to 17th to Mary Ann, left on 18th, property on left.
Exterior
Parking Features None
Roof Type Asphalt
Topography Level
Building
Lot Description Level
Foundation Poured Concrete
Lot Size Range 0.08
Sewer Public Sewer2
New Construction No
Construction Status Existing Structure
Schools
Elementary Schools Hunter
Middle Schools Ryan
High Schools Lathrop
Others
Tax ID 88773
Acceptable Financing Cash, Conventional, FHA, 1031 Exchange, VA Loan
Listing Terms Cash, Conventional, FHA, 1031 Exchange, VA Loan
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Carolyn DeYoung
Agent, Property Manager | License ID: 15923
Agent, Property Manager License ID: 15923