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622 11TH AVENUE

Fairbanks, AK 99701
  • $5,500,000
  • STATUS: Active
  • MLS #: 156747
UPDATED: 61 min ago
$5,500,000
  • 0
    BEDS
  • 0.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 26,000
    SQFT
  • $212
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1972

School Ratings & Info

Description

This outstanding multi-unit property in the heart of Fairbanks presents a prime investment opportunity with strong cash flow potential. Featuring 34 units across 4 well-maintained buildings, this property offers a desirable mix of 3-bedroom and 1-bedroom units that are always in high demand due to its unbeatable location. This property offers a rare chance to secure a fully operational investment with minimal effort required. With nearly all units updated and a history of low vacancy, it's the perfect fit for an investor seeking a reliable and profitable asset in Fairbanks' thriving rental market.

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IDX information © 2025 Greater Fairbanks Board of Realtors Multiple Listing Service.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS or The Schok Group | Somers Sotheby's International Realty.
www.fairbanksalaskahomesearch.com/homes/159659164
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622 11TH AVENUE Fairbanks, AK 99701

  • Price: $5,500,000
  • Status: Active
  • On Site: Days
  • Updated: 61 min ago
  • MLS #: 156747
0
Beds
0
Baths
0
½ Baths
0.7
Acres
26,000
SQFT
$212
$/SQFT
1972
Built
Neighborhood:
Fairbanks Townsite
Area:
North Fairbanks
Property Description
This outstanding multi-unit property in the heart of Fairbanks presents a prime investment opportunity with strong cash flow potential. Featuring 34 units across 4 well-maintained buildings, this property offers a desirable mix of 3-bedroom and 1-bedroom units that are always in high demand due to its unbeatable location. This property offers a rare chance to secure a fully operational investment with minimal effort required. With nearly all units updated and a history of low vacancy, it's the perfect fit for an investor seeking a reliable and profitable asset in Fairbanks' thriving rental market.
Exterior Features

Construction Other/See Remarks Lot Size .51-.99 ac Parking Spaces 32

Interior Features

Approx Sq Ft Unit 0-500 Heating HOT WATER BASEBOARD Restrooms 48

Property Features

Address2 632 11th Ave635 & 639 10th Ave Business Type Other/See Remarks CCRs YN No Commercial Type OTHER/SEE REMARKS Fuel Source Steam/District Heat Possession Recording Rent Includes WaterHeatTrashInsuranceTaxesSnow RemovalLawn MaintenanceSewer Reo YN No Short Sale YN No Taxes See FNSB Terms Cash/Refinance Type Of Property Other/See Remarks Utilities Public WaterPublic Sewer Zoning General Commercial District Zoning Overlay N/A

Listing provided by WALDEN HOME GROUP: 907-452-3000.
IDX information © 2025 Greater Fairbanks Board of Realtors Multiple Listing Service.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS or The Schok Group | Somers Sotheby's International Realty.
 
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The Schok Group | Somers Sotheby's International Realty
711 Gaffney Rd. Ste 100
Fairbanks AK, 99701