Description
Welcome to 11 Bonnie Avenue—a prime fourplex investment property in the heart of Fairbanks with unbeatable access to both lifestyle amenities and major commute routes. Nestled just off College Road, this location connects directly to the University of Alaska Fairbanks on one end and Fort Wainwright on the other, with Fairbanks’ main shopping district right in between. Situated on 0.30 acres and offering a total of 2,994 square feet, this multi-family zoned property features a solid concrete block foundation, two-by-six construction, and a pitched roof added in recent years to replace the original flat roof. The building is configured with three two-bedroom, one-bath units and one one-bedroom, one-bath unit—offering a total of seven bedrooms and four bathrooms across four fully separate living spaces. Tenants enjoy designated parking with up to 10 spots available, as well as front and rear access depending on the unit. The layout includes two units facing the street and two in the rear, providing a mix of privacy and convenience. Additional features include a shared shed, dedicated dumpster space for easy trash collection, and overflow parking on the side. Located near trail systems like Cramer's Field and some of the top-rated schools in Fairbanks, this property appeals to renters looking for a neighborhood feel with city convenience. With a gross annual income of $61,800 and a strong rental history, 11 Bonnie Avenue is an excellent opportunity for landlords seeking low-vacancy income in a desirable residential setting. Come take a look at this rare multi-family opportunity in one of Fairbanks’ most sought-after areas.
-
7BEDS
-
0.33ACRES
-
4BATHS
-
01/2 BATHS
-
2,994SQFT
-
$164$/SQFT
School Information
Description
Welcome to 11 Bonnie Avenue—a prime fourplex investment property in the heart of Fairbanks with unbeatable access to both lifestyle amenities and major commute routes. Nestled just off College Road, this location connects directly to the University of Alaska Fairbanks on one end and Fort Wainwright on the other, with Fairbanks’ main shopping district right in between. Situated on 0.30 acres and offering a total of 2,994 square feet, this multi-family zoned property features a solid concrete block foundation, two-by-six construction, and a pitched roof added in recent years to replace the original flat roof. The building is configured with three two-bedroom, one-bath units and one one-bedroom, one-bath unit—offering a total of seven bedrooms and four bathrooms across four fully separate living spaces. Tenants enjoy designated parking with up to 10 spots available, as well as front and rear access depending on the unit. The layout includes two units facing the street and two in the rear, providing a mix of privacy and convenience. Additional features include a shared shed, dedicated dumpster space for easy trash collection, and overflow parking on the side. Located near trail systems like Cramer's Field and some of the top-rated schools in Fairbanks, this property appeals to renters looking for a neighborhood feel with city convenience. With a gross annual income of $61,800 and a strong rental history, 11 Bonnie Avenue is an excellent opportunity for landlords seeking low-vacancy income in a desirable residential setting. Come take a look at this rare multi-family opportunity in one of Fairbanks’ most sought-after areas.