515 Farewell Avenue

    Fairbanks, AK 99701
    • $284,900
    • STATUS: Active
    • ON SITE: 16 days
    • MLS #: 19-16546
    UPDATED: 27 min ago
    $284,900
    • 0
      BEDS
    • 0.21
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 3,200
      SQFT
    • $89
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963

    School Information

    Elementary School:
    Middle School:
    High School:

    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 greatlocation, here it is! New furnace 2014 and new water heater 2018. Exterior grading and parking rails with plug ins for vehicles in 2016.

    Monthly Payment Calculator

    DISCLAIMER: 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 Wolf Real Estate Professionals are marked with either the listing brokerage's logo or 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. Listing information was last updated on: 2019-10-17T03:39:10.83.
    www.anchoragehomesearch.com/homes/99476385

    515 Farewell Avenue Fairbanks, AK 99701

    • Price: $284,900
    • Status: Active
    • Updated: 27 min ago
    • MLS #: 19-16546
    0
    Beds
    6
    Baths
    0
    ½ Baths
    0.21
    Acres
    3,200
    SQFT
    $89
    $/SQFT
    1963
    Built
    Neighborhood:
    East Fairbanks
    Area:
    East Fairbanks
    Elementary School:
    Nordale
    Middle School:
    Tanana
    High School:
    Lathrop
    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 greatlocation, here it is! New furnace 2014 and new water heater 2018. Exterior grading and parking rails with plug ins for vehicles in 2016.
    Exterior Features

    Access Type Paved Carport Spaces 0 Carport Type None Construction Type Wood Frame - 2X4 Foundation Type Block Garage Type None Parking Spaces 0.00 Roof Type Other Waterfront Access Near None Waterfront Frontage None

    Interior Features

    Fuel Type Oil Heat Type Forced Air

    Property Features

    Borough Census Area 3C - Fairbanks North Star Borough Construction Status Existing Structure Foreclosure Bank Owned No Multifamily Type Other - See Remarks Region 3 - Interior & North Alaska Regions - All Sewer Type Public Sewer Water Type Public Zoning Sf10 - Single Family Residential

    Listing Office Madden Real Estate Fairbanks Keller Williams. Copyright 2019 Alaska Multiple Listing Service, Inc. All rights reserved.
    DISCLAIMER: 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 Wolf Real Estate Professionals are marked with either the listing brokerage's logo or 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. Listing information was last updated on: 2019-10-17T03:39:10.83.
     
    Wolf Real Estate Professionals
    3350 Midtown Place
    Anchorage AK, 99503