$1,200,000
Fairbanks, AK 99701
MLS# 23-13737
Status: Closed
24 beds | 12 baths | 10500 sqft
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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,
Details
Maps
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 1200000
Date-Listing: 2023-11-21
Status: Closed
Location, Tax and Legal
Region: 3 - Interior & North Alaska Regions - All
Borough/Census Area: 3C - Fairbanks North Star Borough
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
Legal: Rickert L1-3 B26
School-Elementary: Hunter
School-Middle: Ryan
School-High: Lathrop
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Bathrooms Full: 12
Bathrooms Total: 12
Bldgs-Ttl #: 2
Acres: 0.6
SF-Lot: 26096
Lot Area Source: Tax Authority
Zoning: MFO - Multi-Family Res/Professional Office
Garage Spaces: 0
Carport Spaces: 0
Prkg Spcs: 24
Beds: 24
Year Built: 1962
SF-Res: 10500
Number of Units: 12
Directions and Remarks
Directions: S. on Cushman to right on 17th. Or, Airport to Gillam to left on 17th.
Multi-Family Type
Apartment Style: 1
Building Info
Units- # of 2 BR: 12
Heating
Baseboard: 1
Oil: 1
Roof Type
Shingle: 1
Foundation Type
Poured Concrete: 1
Wtrfrnt-Access Near
None: 1
Wtrfrnt-Frontage
None: 1
Sewer-Type
Public Sewer: 1
Features-MultiFamily
Laundry Facility: 1
Docs Avl for Review
Lease: 1
Sold Info
Date-Pending: 2023-12-06
Date-Closing: 2024-03-28
Location Tax and Legal
Area: 720 - Southeast Fairbanks
Street #: 827
Street Name: 17th
Arterial: Avenue
Street Addl Info: & 829
Closest USPS Town: Fairbanks
State: AK
Zip Code: 99701
Property Features
Multi-Family Type: Apartment Style
Roof Type: Shingle
Foundation Type: Poured Concrete
Heating: Baseboard; Oil
Sewer-Type: Public Sewer
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: Laundry Facility
Docs Avl for Review: Lease
Supplements
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.
LP 
IDX
Listing Office: Majors Realty Group, LLC
Last Updated: September - 29 - 2024
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.