Property Description

Investors! Here is a rare opportunity to pick up a 6-plex near the back gate of Ft. Wainwright. Owners report a low vacancy rate and each unit rents out from $700 to $900 a month with tenants paying their own electric in 4 out of the 6 units. A non-disclosure agreement is required to release financial data and the CAP rate is estimated to be in excess of 9%. If you are looking for an income producing property in a great location, here it is! New furnace 2014 and new water heater 2018. Exterior grading and parking rails with plug ins for vehicles in 2016.

Features
12
: Forced air
: Finished, Full size
: East fairbanks
: Apartment style
: 2x4
: Concrete block
: Smoke detectors, Laminate floors
: Membrane, Flat
: Public
: Public
Address Map
US
AK
Fairbanks
99701
FAREWELL AVENUE
515
E0° 0' 0''
N0° 0' 0''
Additional Information
151
Nordale
Tanana
Lathrop
Single-family residential districts -10
3024.28
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STACY
HARVILL
143
MADDEN REAL ESTATE WITH KELLER WILLIAMS REALTY

Multi-family For Sale

515 FAREWELL AVENUE, Fairbanks, Alaska 99701

9,000 Sqft
$284,900
Listing ID #144352
Basic Details
Property Type : Multi-family
SubType : Six plex
Listing Type : For Sale
Listing ID : 144352
Price : $284,900
Year Built : 1963
Lot Area : 9,000 Sqft
Status : Active
Agent info
Gold Standard Realty
1231 Noble St Fairbanks, AK 99701
Contact Agent