Description
MODERN TRIPLEX | POSITIVE CASH FLOW | PRIME FAIRBANKS LOCATION! Welcome to 1626 Stacia Street"a 2022-built triplex that combines strong financial performance with modern comfort and unbeatable convenience. Whether youre an investor looking for solid returns or an owner-occupant ready to have your tenants pay most (or all) of your mortgage, this property delivers. Each of the three identical 2-bedroom, 1-bath units includes a bonus small office, ideal for working from home or extra storage. Tenants love the sleek interiors with luxury vinyl plank flooring, stainless-steel appliances, and open layouts that maximize natural light through triple-pane windows. Every unit also features its own attached, heated storage space (300 sq ft)"a rare and valuable perk"generating additional income each month. This property was built with Alaskan efficiency in mind: ICF foundation, 2x6 construction, triple-pane windows, and a central natural gas boiler keep operating costs low year-round. City water and sewer mean no private well or septic maintenance, and the shared coin-operated laundry adds a steady side stream of income. Financially, the numbers speak for themselves. With gross annual income around $71,400 and operating expenses just over $15,000, this property produces a Net Operating Income near $56,000 per year"an 8% cap rate at the current market range. The property cash flows from day one, and demand for modern rentals in this area remains strong. Location is the clincher. Stacia Street sits just minutes from downtown Fairbanks, major shopping centers, and Fort Wainwright, making it ideal for both civilian and military tenants alike. The area enjoys consistent rental demand, easy access to schools, and quick commutes to everything Fairbanks has to offer. Whether youre seeking a low-maintenance investment or planning to live in one unit and rent the others, this triplex checks every box"modern build, reliable systems, strong cash flow, and an unbeatable location. Schedule your private showing today and see why this property stands out in Fairbanks multi-family market! Owner is selling it's twin as well, MLS # 158897, and is open to providing a discount on price if both are purchased together.
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6BEDS
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0.18ACRES
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3BATHS
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01/2 BATHS
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3,968SQFT
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$190$/SQFT
School Information
Description
MODERN TRIPLEX | POSITIVE CASH FLOW | PRIME FAIRBANKS LOCATION! Welcome to 1626 Stacia Street"a 2022-built triplex that combines strong financial performance with modern comfort and unbeatable convenience. Whether youre an investor looking for solid returns or an owner-occupant ready to have your tenants pay most (or all) of your mortgage, this property delivers. Each of the three identical 2-bedroom, 1-bath units includes a bonus small office, ideal for working from home or extra storage. Tenants love the sleek interiors with luxury vinyl plank flooring, stainless-steel appliances, and open layouts that maximize natural light through triple-pane windows. Every unit also features its own attached, heated storage space (300 sq ft)"a rare and valuable perk"generating additional income each month. This property was built with Alaskan efficiency in mind: ICF foundation, 2x6 construction, triple-pane windows, and a central natural gas boiler keep operating costs low year-round. City water and sewer mean no private well or septic maintenance, and the shared coin-operated laundry adds a steady side stream of income. Financially, the numbers speak for themselves. With gross annual income around $71,400 and operating expenses just over $15,000, this property produces a Net Operating Income near $56,000 per year"an 8% cap rate at the current market range. The property cash flows from day one, and demand for modern rentals in this area remains strong. Location is the clincher. Stacia Street sits just minutes from downtown Fairbanks, major shopping centers, and Fort Wainwright, making it ideal for both civilian and military tenants alike. The area enjoys consistent rental demand, easy access to schools, and quick commutes to everything Fairbanks has to offer. Whether youre seeking a low-maintenance investment or planning to live in one unit and rent the others, this triplex checks every box"modern build, reliable systems, strong cash flow, and an unbeatable location. Schedule your private showing today and see why this property stands out in Fairbanks multi-family market! Owner is selling it's twin as well, MLS # 158897, and is open to providing a discount on price if both are purchased together.