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302 7TH AVENUE

Fairbanks, AK 99701
  • $659,000
  • STATUS: Active
  • MLS #: 152173
UPDATED: 45 min ago
$659,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 8
    BATHS
  • 1
    1/2 BATHS
  • 7,500
    SQFT
  • $88
    $/SQFT
Neighborhood:
Type:
Multi-Family

School Information

Elementary School:
Middle School:
High School:

Description

This is a unique property that was built for and has continued to be a rooming house for many years. Located close to downtown, it is within walking distance to almost everything. It fills a niche for folks that have a limited budget and dont need much space - some have lived there for many years. Converting to a B&B, office or other use are options. You can access the building from 6th or 7th Avenue with parking on both sides. Laundry area, bike storage and storage units are also available in addition to 25 living areas, some with private baths but most that share 5 common bathrooms. Security doors, sprinkler system throughout, 2 boilers and other amenities make this an investment without much competition. Some furnishings will convey. Owner is a licensed Broker in the State of Alaska. Tax parcels 37583 & 37574. The addition (1982) is 2x6; original section (1954) unknown. See associated docs for more info on the layout and building amenities.

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IDX information © 2023 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 Majors Realty Group.
www.experiencealaskahomes.com/homes/138158090
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302 7TH AVENUE Fairbanks, AK 99701

  • Price: $659,000
  • Status: Active
  • On Site: Days
  • Updated: 45 min ago
  • MLS #: 152173
0
Beds
8
Baths
1
½ Baths
0.28
Acres
7,500
SQFT
$88
$/SQFT
Neighborhood:
Fairbanks Townsite
Area:
North Fairbanks
Elementary School:
Denali
Middle School:
Ryan
High School:
Lathrop
Property Description
This is a unique property that was built for and has continued to be a rooming house for many years. Located close to downtown, it is within walking distance to almost everything. It fills a niche for folks that have a limited budget and dont need much space - some have lived there for many years. Converting to a B&B, office or other use are options. You can access the building from 6th or 7th Avenue with parking on both sides. Laundry area, bike storage and storage units are also available in addition to 25 living areas, some with private baths but most that share 5 common bathrooms. Security doors, sprinkler system throughout, 2 boilers and other amenities make this an investment without much competition. Some furnishings will convey. Owner is a licensed Broker in the State of Alaska. Tax parcels 37583 & 37574. The addition (1982) is 2x6; original section (1954) unknown. See associated docs for more info on the layout and building amenities.
Exterior Features

Construction Other/See Remarks Exterior Features Cable TvHigh Speed InternetTelephone Service Exterior Finish Vinyl Foundation Concrete Block Garage Capacity Per Unit 0 Garage Type None Parking Spaces 15 Road Access MaintainedPaved Roof Built-Up Windows Thermal PaneVinylWood

Interior Features

Appliances Range/OvenMicrowaveSmoke DetectorRefrigeratorWasherDryerBlindsCurtain RodsFreezer Basement FinishedFull Size Bedrooms Per Unit Efficiency Configuration Apartment Style Heating Hot Water Baseboard Interior Features Concrete FloorsLaminate FloorsSmoke DetectorsTile Floors Laundry Coin-OpBasement Other Rooms Mud Room

Property Features

Age 20 + Yrs. Assessments YN No Fire Service Public For Sale Or Rent For Sale Fuel Source Oil Hoa Dues Monthly N/A Lot 11 & S 1/2 Of Lot 10 Multifamily Type Other/See Remarks Possession Recording Reo YN No Road Service Public Sewer Public Short Sale YN No Taxes 6264 Terms Cash/Refinance Units Efficiency 25 Units Four Bedroom 0 Units One Bedroom 0 Units Three Bedroom 0 Units Two Bedroom 0 Water Public Zoning General Commercial District Zoning Overlay N/A

Listing provided by Meyeres Real Estate: 907-456-6000.
IDX information © 2023 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 Majors Realty Group.
 
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Majors Realty Group
1221 Noble Street, Suite 100
Fairbanks AK, 99701