NOT LISTED FOR SALE
11 Beds
-- Bath
4,704 Sq Ft
0.28 Acres

Last Sold July 29, 2022

847 Days on Market

Highlights

  • Covered Patio or Porch
  • Tile Flooring
  • Coin Laundry
  • Wood Frame Window

About This Home

As of July 2022

This 7-plex is rarely empty and is filled quickly with room to increase. All units (in between) tenancy have been updated including appliances, tiled bathrooms, counter tops and laminate flooring. All are rent ready and well maintained!!!! Only one unit (I believe) has carpet in the bedrooms. Some windows have been replaced. A new $40,000 roof has been recently installed. All two bedroom apartments have a dishwasher. The building has a common area utility (which includes the communication center), boiler and coin-op washer and dryer. The two bedrooms are renting at $975.00 the 2 larger 1 bedrooms are renting at $875.00 and the smaller one bedroom is renting at $675.00 An APOD is available in disclosures - Estimated NOI is 36K - 7.7% cap rate

Last Agent to Sell the Property

Toni Brewer

NEXTHOME ARCTIC SUN License #RECS17207 Listed on: 12/19/2019

NEXTHOME ARCTIC SUN

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,862

Year Built

  • Built in 1970

Lot Details

  • 0.28

Parking

  • 14 Parking Spaces

Home Design

  • Concrete Foundation
  • Shingle Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 11 Bedrooms
  • 4,704 Sq Ft Home
  • Vinyl Clad Windows
  • Wood Frame Window
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Schools

  • University Park Elementary School
  • Ryan Middle School
  • West Valley High School

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Oil

Additional Features

  • Covered Patio or Porch
  • 0.28 Acre Lot

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 0257877

Community Details

Overview

  • Association fees include building maintenance, heat, lawn, sewer, snow removal, taxes, trash service, water
  • 7 Units

Additional Features

  • Coin Laundry
  • Gross Income $75,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,862

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: SEVEN PLEX
  • Age: 20 + yrs.
  • Price Per Sq Ft: 83.97
  • Year Built: 1970
  • Apod: Yes
  • Configuration: Apartment Style
  • Subd Township Range: Jennie M
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Equipment: Range/Oven, Dishwasher, Smoke Detector, Refrigerator
  • Interior Amenities: Laminate Floors, Tile Floors
  • Total Bedrooms: 11
  • Windows: Vinyl, Wood
  • Number of Bathrooms Areas: 7
  • Laundry: Coin-op

Exterior Features

  • Construction: 2x4
  • Exterior Features: Covered Deck/Patio
  • Exterior Finish: T1-11
  • Foundation: Concrete Block
  • Road Service: Public
  • Roof: Shingle

Garage/Parking

  • Number Of Parking Spaces: 14

Utilities

  • Heating: Hot Water Baseboard
  • Sewer: Public
  • Water: Public

Condo/Co-op/Association

  • H O A Includes: Building Maintenance, Heat, Lawn, Sewer, Snow Removal, Taxes, Trash Service, Water

Fee Information

  • Annual Expenses: 35817

Schools

  • Elementary School: University Park
  • Middle School: Ryan
  • High School: West Valley

Lot Info

  • Assessments: Unknown
  • Geo Subdivision: AK
  • Lot Tax Lot: 6
  • Mill Rate: 20.285
  • Number Of Acres: 0.2755
  • Zoning: Multiple-Family Residential District
  • Lot Sq Ft: 12000

Tax Info

  • Taxes: 4862.12
  • Assessor Parcel Number: 0257877

Multi Family

  • Bedrooms Unit: Combo
  • Total Number Of Units: 7
  • Type Of Units1 Bdrm: 3
  • Type Of Units2 Bdrm: 4

MLS Schools

  • Elementary School: University Park
  • Senior High School: West Valley
  • Middle School: Ryan

Range of Values:

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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
07/29/2022 07/29/22 Sold -- -- --
04/14/2022 04/14/22 Pending -- -- --
12/02/2021 12/02/21 For Sale $465,000 0.0% $99 / Sq Ft
12/01/2021 12/01/21 Off Market -- -- --
12/19/2019 12/19/19 For Sale $465,000 -- $99 / Sq Ft
Source: Greater Fairbanks Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 148319

Greater Fairbanks Board of REALTORS®