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For sale
  • $5,500,000

    622 11th Ave #632-639, Fairbanks, AK 99701

    62beds
    48baths
    26,000sqft
    : 
    Other/See Remarks
    Built in 1972
    -- sqft lot
    $-- Zestimate®
    $212/sqft
    $-- HOA

    What's special

    Well-maintained buildings
    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.
    114 days
    on Zillow
    |
    531
    |
    14
    |

    Zillow last checked: 7 hours ago

    Listing updated: January 22, 2025 at 06:55pm

    Listed by:

    Gary Gallemore 907-371-3070,

    WALDEN HOME GROUP,

    Cullen Wallace

    Source: GFMLS,MLS#: 156741MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 622 11th Ave #632-639.

    Next available tour time:Today at 1pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 62
    • Bathrooms: 48
    Heating
    • Hot Water
    Appliances
    • Included: Range/Oven, Refrigerator
    Features
    • Flooring: Laminate
    • Basement: Daylight,Finished,Full
    Interior area
    • Total structure area: 26,000
    • Total interior livable area: 26,000 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 32
    • Parking features: Other
    • Has garage: Yes
    Features
    • Patio & porch: Deck/Patio
    • Exterior features: Lawn, Telephone Service
    Lot
    • Size: 0.7 Acres
    Details
    • Parcel number: See FNSB
    • Zoning: n/a
    • Zoning description: General Commercial District

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Apartment Style
    • Property subtype: Other/See Remarks
    Materials
    • Cedar, Concrete, 2x4
    • Foundation: Other
    • Roof: Flat,Membrane
    Condition
    • 20 + yrs.
    • New construction: No
    • Year built: 1972

    Utilities & green energy

    • Water: Public
    • Utilities for property: Cable Connected

    Community & HOA

    Community
    • Subdivision: Fairbanks Townsite
    HOA
    • Has HOA: Yes
    • Services included: Heat, Insurance, Maintenance Grounds, Sewer, Snow Removal, Taxes, Trash, Water
    Location
    • Region: Fairbanks

    Financial & listing details

    • Price per square foot: $212/sqft
    • Price range: $5.5M - $5.5M
    • Date on market: 1/22/2025
    • Listing terms: Cash/Refinance
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