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1010 Cushman Street

Fairbanks, AK 99701
  • $2,400,000
  • STATUS: Active
  • MLS #: 148704
UPDATED: 61 min ago
$2,400,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,583
    SQFT
  • $207
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1962

School Ratings & Info

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 apartmentcomplex with an additional 1400 sq ft retail space! This centerally located complex has 22 fully furnished studio apartments, a one bedroomowners unit, a maintenance staff studio unit, and 2 office units with a secured entry. The 4 bottom units are currently ran as nightly or extendedstay. There is on-site coin-op laundry facility that houses 4 washer & dryer units along with extra storage space for maintenance etc. The retailspace 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'twant 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/123091926
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1010 Cushman Street Fairbanks, AK 99701

  • Price: $2,400,000
  • Status: Active
  • On Site: Days
  • Updated: 61 min ago
  • MLS #: 148704
0
Beds
0
Baths
0
½ Baths
0.31
Acres
11,583
SQFT
$207
$/SQFT
1962
Built
Neighborhood:
Fairbanks Townsite
Area:
North Fairbanks
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 apartmentcomplex with an additional 1400 sq ft retail space! This centerally located complex has 22 fully furnished studio apartments, a one bedroomowners unit, a maintenance staff studio unit, and 2 office units with a secured entry. The 4 bottom units are currently ran as nightly or extendedstay. There is on-site coin-op laundry facility that houses 4 washer & dryer units along with extra storage space for maintenance etc. The retailspace 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'twant this great investment property getting away! Being Sold AS-IS, WHERE IS
Exterior Features

Construction Concrete Frontage Cushman Street Lot Size 1.0-1.9 Ac Parking Spaces 19

Interior Features

Approx Sq Ft Unit 10001-20000 Living Units 24 Restrooms 28

Property Features

Address2 1002 Cushman Streer Business Type Hotel/MotelMulti-PurposeOfficeProfessional Services CCRs YN Yes Commercial Type Other/See Remarks Fuel Source OilSteam/District Heat Land Status Fee Simple Miscellaneous Living QuartersSecurity System Possession Recording Rent Includes Building MaintenanceCommon Area MaintenanceElectricHeatInsuranceLawn MaintenanceParkingSewerSnow RemovalTaxesTrashWater Reo YN No Short Sale YN No Taxes 16751.12 Terms 2nd Deed Trust/Owner FinCash/Refinance Type Of Property Other/See Remarks Utilities ElectricInternetPublic SewerPublic Water 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