NOT LISTED FOR SALE

515 Farewell Ave Fairbanks, AK 99701

Northeast City Neighborhood
-- Bed
6 Baths
3,200 Sq Ft
9,148 Sq Ft Lot

Last Sold July 13, 2021

88 Days on Market

About This Home

As of July 2021

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 unitrents 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 torelease financial data and the CAP rate is estimated to be in excess of 9%.

Last Agent to Sell the Property

Dar Walden

Keller Williams Realty Alaska Group License #500005 Listed on: 01/21/2021

Keller Williams Realty Alaska Group

Last Buyer's Agent

Dar Walden

Keller Williams Realty Alaska Group License #500005 Listed on: 01/21/2021

Keller Williams Realty Alaska Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 9,148

Home Design

  • 3,200 Sq Ft Home
  • Block Foundation
  • Wood Frame Construction

Schools

  • Nordale Elementary School
  • Tanana Middle School
  • Lathrop High School

Additional Features

  • 6 Full Bathrooms
  • 9,148 Sq Ft Lot
  • Forced Air Heating System

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • Directions: Trainor Gate Road toward Ft. Wainwright back gate / Right on Farewell / Property is on the left.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Other - See Remarks
  • Year Built: 1963
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 6
  • Living Area: 3200

Exterior Features

  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No
  • Construction Type: Wood Frame - 2x4
  • Foundation Details: Block
  • Property Condition: Existing Structure
  • Roof: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, No Garage

Utilities

  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Nordale
  • High School: Lathrop
  • Middle Or Junior School: Tanana

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 9147.6
  • Mobile Dim Units: Feet
  • Zoning Description: Single Family Residential
  • Zoning: SF10
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Map Number: N/A

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2021 07/13/21 Sold -- -- --
04/20/2021 04/20/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $284,900 -- $89 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dar Walden

    Seller's Agent in 2021

    Dar Walden

    Keller Williams Realty Alaska Group

    (907) 830-5106

    71 in this area

    2,431 Total Sales

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Map

Source: Alaska Multiple Listing Service

MLS Number: 21-765

Alaska Multiple Listing Service

Alaska Fairbanks North Star Borough Fairbanks 99701 Northeast City

515 Farewell Ave, Fairbanks, AK

This home is located at 515 Farewell Ave, Fairbanks, AK 99701 since 21 January 2021. This property was built in 1963. 515 Farewell Ave is a home located in Fairbanks North Star Borough with nearby schools including Nordale Elementary School, Anne Wien Elementary School, and Tanana Middle School.

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