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816 5th Ave, Fairbanks, AK, 99701

3beds
2baths
1,528sqft
$385,000
$252price/sqft
$2,952/moest. monthly cost
$118,080/yrincome needed

About This Home

Turnkey Income Property: Located in downtown Fairbanks, stretching from 5th Avenue to 4th Avenue, near the hospital and attractions, with a bus stop 300 feet away. Proven $55,000+ annual revenue, $10,000 booked this summer, immediate earning potential from day one. Property Features: New steel siding built to last a lifetime, new gutters, new fence along one side and back. Upstairs is two bedrooms, kitchen, bath, washer/dryer, refinished hardwood floors. Downstairs is fully remodeled: one bedroom, walk-in closet, bath, living area, washer/dryer, and a recently serviced furnace. Rent it as (A) one-bedroom unit, (B) two-bedroom unit, or (C) a full three-bedroom, two-bath home with two washer/dryers. Included in Sale: Everything currently in the home stays,furnishings, backup sheets, tools, except a few specified art pieces. Income Potential: Currently only on Airbnb, expand to other platforms for more revenue. Terms of Sale: Serious buyers only, no owner financing. If you have a realtor, you cover their fees. Showings by appointment only, working around Airbnb bookings, with a pre-approval letter required before showings.

Getting Around

21
WalkingCar-Dependent
26
TransitSome Transit
47
BikeSomewhat Bikeable

Schools

6/10
Tanana Middle SchoolGrades 6-82.0 mi
5/10
Lathrop High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1948

Materials

  • Roof: Metal

Type & Style

  • Home type: MultiFamily

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Refrigerator,Washer

Basement

  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Tile,Hardwood,Laminate

Heating

  • Heating features: Baseboard,Oil

Interior Area

  • Total interior livable area: 1,528 sqft

Property

Details

  • Parcel number: 34690

Features

  • Exterior features: Metal
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 7,000 sqft

Parking

  • Parking features: Off-street,On-street