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1010 Cushman Street

Fairbanks, AK 99701
  • $2,400,000
  • STATUS: Active
  • MLS #: 148694
UPDATED: 13 min ago
$2,400,000
  • 1
    BEDS
  • 0.31
    ACRES
  • 28
    BATHS
  • 0
    1/2 BATHS
  • 11,583
    SQFT
  • $207
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1962

School Information

Elementary School:
Joy
Middle School:
High School:

Description

Calling all investors!!! With almost zero vacancies in the rental market right now, Here is your chance to own a fully rented 24 unit apartment complex with an additional 1400 sq ft retail space! This centerally located complex has 22 fully furnished studio apartments, a one bedroom owners unit, a maintenance staff studio unit, and 2 office units with a secured entry. The 4 bottom units are currently ran as nightly or extended stay. There is on-site coin-op laundry facility that houses 4 washer & dryer units along with extra storage space for maintenance etc. The retail space was the Fairbanks iconic Connie's boutique which is still set up to be a retail shop or could even make a great coffee shop/small cafe, With CBD Zoning, the options are endless. Studios rent between $1195-1295 a month. Located in the heart of downtown Fairbanks, you don't want this great investment property getting away! Being Sold AS-IS, WHERE IS

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IDX information © 2022 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 RE/MAX Associates of Fairbanks.
www.homesforsalefairbanksak.com/homes/123051264
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1010 Cushman Street Fairbanks, AK 99701

  • Price: $2,400,000
  • Status: Active
  • On Site: Days
  • Updated: 13 min ago
  • MLS #: 148694
1
Beds
28
Baths
0
½ Baths
0.31
Acres
11,583
SQFT
$207
$/SQFT
1962
Built
Neighborhood:
Fairbanks Townsite
Area:
North Fairbanks
Elementary School:
Joy
Middle School:
Ryan
High School:
Lathrop
Property Description
Calling all investors!!! With almost zero vacancies in the rental market right now, Here is your chance to own a fully rented 24 unit apartment complex with an additional 1400 sq ft retail space! This centerally located complex has 22 fully furnished studio apartments, a one bedroom owners unit, a maintenance staff studio unit, and 2 office units with a secured entry. The 4 bottom units are currently ran as nightly or extended stay. There is on-site coin-op laundry facility that houses 4 washer & dryer units along with extra storage space for maintenance etc. The retail space was the Fairbanks iconic Connie's boutique which is still set up to be a retail shop or could even make a great coffee shop/small cafe, With CBD Zoning, the options are endless. Studios rent between $1195-1295 a month. Located in the heart of downtown Fairbanks, you don't want this great investment property getting away! Being Sold AS-IS, WHERE IS
Exterior Features

Construction Concrete Exterior Features Cable TvHigh Speed Internet Exterior Finish Concrete Foundation Poured Concrete Garage Capacity Per Unit 0 Garage Type None Parking Spaces 19 Roof Flat Windows Double PaneVinyl

Interior Features

Appliances Range/OvenMicrowaveSmoke DetectorRefrigerator Bedrooms Per Unit Efficiency Configuration Apartment Style Interior Features Laminate FloorsSecurity System Laundry BathroomCoin-Op

Property Features

Address2 1002 Cushman Street Age 20 + Yrs. Assessments YN Unknown CCRs YN Yes Fire Service Public For Sale Or Rent For Sale Fuel Source OilSteam/District Heat Hoa Dues Monthly N/A Lot 182B Multifamily Type Other/See Remarks Possession Recording Reo YN No Road Service Public Sewer Public Short Sale YN No Taxes 16751.12 Terms 2nd Deed Trust/Owner FinCash/Refinance Units Efficiency 23 Units Four Bedroom 0 Units One Bedroom 1 Units Three Bedroom 0 Units Two Bedroom 0 Water Public Zoning Central Business District Zoning Overlay Unknown

Listing provided courtesy of Melissa Richardson of Nexthome Arctic Sun.
IDX information © 2022 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 RE/MAX Associates of Fairbanks.
 
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RE/MAX Associates of Fairbanks
105 Adak Avenue
Fairbanks AK, 99701