Properties

Property Description

Exceptional Investment Opportunity in Fairbanks: Discover the potential in this multi-family property situated just five minutes from downtown Fairbanks. This well-maintained building features three income-generating units, making it an ideal choice for investors seeking steady returns or for owner-occupiers looking for a smart residential solution. Property Highlights: Three Versatile Units: The property includes three one-bedroom units, with the ground floor unit boasting an additional office space—perfect for work-from-home arrangements. Recent Renovations: Two units have undergone extensive remodeling, enhancing both their appeal and functionality. The property also benefits from several energy efficiency improvements, ensuring lower utility costs and increased comfort. Convenient Features: Residents enjoy communal laundry facilities and private storage units, adding to the convenience and desirability of the property. Attractive Rent Structure: Apartment 1: $1,100/month Apartment 2: $1,100/month Apartment 3 (with office): $1,500/month The upstairs units are available on a month-to-month basis, offering flexibility for new management strategies, while the downstairs unit has a stable lease in place until March 31, 2025. This property not only offers an excellent location and significant rental income but also presents a fantastic opportunity for both passive income generation and personal use. With its mix of current earnings and potential for future growth, this Fairbanks gem is ready to become the cornerstone of your investment portfolio.

Features
4
: Hot water baseboard
: North fairbanks
: Side by side
: Furred out
: Concrete block
: Fence, Cable tv, Shed
: Laminate floors, Cat 5
: Shingle
: Public
: Public
Address Map
US
AK
Fairbanks
99701
CHARLES STREET
135
E0° 0' 0''
N0° 0' 0''
Additional Information
38
Joy
Tanana
Lathrop
Light industrial district
$4,070.66
Jewel
Addison
139
SUMMIT REALTY GROUP

Multi-family For Sale

135 CHARLES STREET, Fairbanks, Alaska 99701

5,000 Sqft
$360,000
Listing ID #155105
Basic Details
Property Type : Multi-family
SubType : Duplex
Listing Type : For Sale
Listing ID : 155105
Price : $360,000
Year Built : 1973
Lot Area : 5,000 Sqft
Status : Active
Agent info
Gold Standard Realty
1231 Noble St Fairbanks, AK 99701
Contact Agent