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Map
$432,361*
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Multifamily -
Off Market
609 FRONT STREET
Fairbanks, AK 99701
Studio
0 Bath
2740 Sqft
$266,000 - $324,000
Reference Base Price*
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
Great opportunity for someone to develop this 1.55 acre site while
collecting rents from the existing properties. The duplex has
a one bedroom unit upstairs that rents for $850/m and an efficiency
unit downstairs that rents for $690. The coin-op laundry for
all tenants on this property is located on the bottom level of this
duplex as well. The small 1 bedroom house built in 2015 rents
for $900/m. And the older house, built in 1946, rents for
$675. All tenants pay electric and no other utilities.
The shipping containers are stored on the property for
$110/m, which results in a total monthly income of $3225 for all
units & storage. There is also an older detached garage.
This property is on public utilities and it would work for a
condo project or several multi-family units. Known locally as
"Fat City". Selling as-is.
The manager has listed the unit size as 2740 square feet.
The manager has listed the unit size as 2740 square feet.
Unit Size
2,740Ft²
Days on Market
-
Land Size
1.55 acres
Price per sqft
$108
Property Type
Multifamily
Property Taxes
$7,648
HOA Dues
-
Year Built
1998
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Sep 4, 2019 | No longer available | - | |
No longer available | |||
Apr 19, 2019 | Price Decreased |
$295,000
↓ $900
(0.3%)
|
|
Price Decreased | |||
Apr 18, 2019 | Price Increased |
$295,900
↑ $900
(0.3%)
|
|
Price Increased | |||
Sep 13, 2018 | Listed | $295,000 | |
Listed |
Property Highlights
Garage
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
House
3
Beds
2
Baths
2,808 ft²
$117/ft²
$329,900
Apr 2, 2024
-
$557/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
02/27/2020
|
|
Studio
|
-
|
2740 ft²
|
$295,000
Studio
-
2740 ft²
|
-
-
|
-
|
-
|
09/13/2018
|
|
Studio
|
-
|
2740 ft²
|
-
Studio
-
2740 ft²
|
-
-
|
-
|
-
|