Fairbanks, AK 99701,827 17th AVE
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Fairbanks, AK 99701,827 17th AVE
Fairbanks, AK 99701,827 17th AVE
Fairbanks, AK 99701,827 17th AVE
Fairbanks, AK 99701,827 17th AVE

$1,200,000

Est. payment /mo

$1,200,000

Est.Price: ?

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827 17th AVE Fairbanks, AK 99701

24 Beds

12 Baths

10,500 SqFt

SOLD DATE : 03/28/2024

Key Details

Sold Price $1,200,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 10,500 sqft

Price per Sqft $114

MLS Listing ID 23-13737

Sold Date 03/28/24

Bedrooms 24

Full Baths 12

Construction Status Existing Structure

Originating Board Alaska Multiple Listing Service

Year Built 1962

Lot Size 0.599 Acres

Acres 0.6

Property Description

Here's an outstanding investment at 827 & 829 17th Ave, a well-maintained 12-unit multiplex featuring two-bedroom, one-bathroom units ineach. Positioned near the hospital, downtown, and with easy highway access, this property offers convenience for both tenants and future investors alike. Recent upgrades, including renovations, updated windows, flooring, lighting, and a new ($40,000) roof on 829, highlight the commitment to quality. Boilers have been upgraded within the last 10 years, and three units in each building have received new floors and paint, ensuring an appealing living environment. With a low vacancy rate and careful maintenance, this multiplex boasts a solid rental history, making it an attractive addition to any investment portfolio. Priced at $1.2 million, this turnkey property presents a fantastic opportunity for steady income.

Location

State AK

Area 720 - Southeast Fairbanks

Zoning MFO - Multi-Family

Direction S. on Cushman to right on 17th. Or, Airport to Gillam to left on 17th.

Interior

Heating Baseboard, Oil

Exterior

Roof Type Shingle

Building

Foundation Poured Concrete

Lot Size Range 0.6

Sewer Public Sewer

New Construction No

Construction Status Existing Structure

Schools

Elementary Schools Hunter

Middle Schools Ryan

High Schools Lathrop

Others

Tax ID 0091979

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Alaska MLS
Listed by Majors Realty Group, LLC
Bought with Powered By Lymburner Realty

Jesse Tanner

+1(907) 232-8607

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