Properties

Property Description

Unique INVESTMENT opportunity! 1850 & 1832 Gilmore Trail features 5 cabins (with value being given only to 4) and 4.7 acres. 1850 Gilmore A, The Chalet, was built in 1997. It’s a 256sf A-frame cabin with 1 bed and 1 bath. It’s heated by a Toyo stove and has 2×8 walls. The foundation is post/pad. Rent is currently $750/mo plus electric and heat. 1850 Gilmore B, Birch Grove, was built in 1980. It has 3 bedrooms and 2 baths, and it is the largest of all the cabins with 1344sf. Rent is $1000/mo plus electric and heat. 1850 Gilmore C – Owners friend is currently occupying at no charge and no lease. Will move out before closing. Known foundation issues. No value being given to the structure. Log construction with 1380sf. 1850 Gilmore D, The Studio, was built in 1978. It has 1 bedroom (loft) and 1 bath with built-in storage space below and 320sf of living space. Rent is $800/mo plus fuel. The electric meter is on the same meter as Cabin C (currently not rented) so owner pays. 1832 Gilmore – the neighboring 1.9 lot, has a 448 sf dry cabin that was built in 1997. It is included in the sale and is accessed via the driveway that leads into 1850 Gilmore. The “road” is overgrown and more of a footpath. It offers a very private feel and with a little TLC could be easily rented out. This is an AS-IS sale, to include the well and septic systems. Foundations are believed to be post/pad but buyer should verify. Loan type should be compatible with property arrangements. 1850 Gilmore has a 6” well that supplies water to all 4 cabins. Each building has a separate septic.

Features
6
: Wood stove, Monitor/toyo
: East rural fairbanks
: Other/see remarks
: Other/see remarks
: Other/see remarks
: Private
: Shared well
Address Map
US
AK
Fairbanks
99712
GILMORE TRAIL
1850 & 1832
E0° 0' 0''
N0° 0' 0''
Additional Information
35
Weller
Tanana
Lathrop
Rural estate districts - 2
$5,003.84
Jewel
Addison
139
SUMMIT REALTY GROUP, LLC

Multi-family For Sale

1850 & 1832 GILMORE TRAIL, Fairbanks, Alaska 99712

2.78 Acre
$249,900
Listing ID #150953
Basic Details
Property Type : Multi-family
SubType : Other/see remarks
Listing Type : For Sale
Listing ID : 150953
Price : $249,900
Year Built : 1978
Lot Area : 2.78 Acre
Status : Active
Agent info
Gold Standard Realty
1231 Noble St Fairbanks, AK 99701
Contact Agent