515 Farewell Avenue, Fairbanks

$284,900

0 Beds
6 Baths
3,200 Sqft
.21 Acres
0 Garages

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.

Essential Information
MLS® #19-16546
Price$284,900
Bathrooms6.00
Square Footage3,200
Acres0.21
Year Built1963
TypeMulti-Family
Sub-TypeOther - See Remarks
StatusActive
Community Information
Address515 Farewell Avenue
Area715 - East Fairbanks
CityFairbanks
StateAlaska
Zip Code99701
Subdivision

Hamilton Acres Middle East L4 B32

Amenities
GaragesNone
WaterfrontNone
Interior
HeatingForced Air
Exterior
RoofOther-See Remarks
ConstructionWood Frame - 2x4
FoundationConcrete Block
School Information
ElementaryNordale
MiddleTanana
HighLathrop
Additional Information
Date ListedOctober 1st, 2019
Days on Market16
Zoning

SF10 - Single Family Residential

Listing Office:

Madden Real Estate Fairbanks Keller Williams

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Listing information last updated on October 17th, 2019 at 2:04am AKDT.

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