612 11th AVE, Fairbanks, AK 99701
612 11th AVE, Fairbanks, AK 99701
612 11th AVE, Fairbanks, AK 99701
Additional details
Joy Vedros

Joy Vedros

+1(907) 313-9973
$599,900
Est. payment /mo
11 Beds
11 Baths
6,874 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,874 sqft

Price per Sqft $87

MLS Listing ID 26-12331

Bedrooms 11

Full Baths 11

Construction Status Existing Structure

Year Built 1971

Annual Tax Amount $5,452

Lot Size 8,784 Sqft

Acres 0.2

Source Alaska Multiple Listing Service

Property Description

See more for additional full detailed remarks on this 11 plex. Great investment opportunity on this 11 plex located in downtown Fairbanks, needs some work but a little sweat equity will go a long way with the potential for high yields. Seller just got done installing a brand new $100,000 roof on (9-1-2026), heating upgrades and a fully remodeled unit. Out of the 11 units there are currently only 6 rented that bring in $5325.00 per month. out of the 4 studio units, 3 are already gutted and the 4th needs gutted. the one remaining 1 bedroom is ready to be put back together with doors and cabinets and tub on site. There are also 2 extra rooms in the basement that are not included in the 11 units. Show your creative side and turn this apartment building into a downtown investment property for the long term. At its current list price that is putting the property at just under $88.00 a sq/ft. What a Deal.

Location

State AK

Area 710 - North Fairbanks

Zoning MF - Multiple Family Residential

Direction Google Maps

Interior

Heating Baseboard

Exterior

Waterfront Description None

Water Access Desc Public

Roof Type Membrane,Rubber

Topography Level

Building

Lot Description Level

Foundation Block

Lot Size Range 0.2

Sewer Public Sewer

Water Public

New Construction No

Construction Status Existing Structure

Schools

Elementary Schools Joy

Middle Schools Ryan

High Schools West Valley

Others

Tax ID 040959

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Alaska MLS
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Listed by Alaska Life Realty

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+1(907) 313-9973
https://joy.eliterealestatealaska.com
125 Evergreen Ave # 201, Palmer, AK 99645
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