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1010 Cushman Street

Fairbanks, AK 99701
  • $2,400,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 21-16839
UPDATED: 67 min ago
$2,400,000
  • 24
    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 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 currentlCalling 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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DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Daves Alaska Homes are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing information was last updated on: 2021-11-26T22:39:25.623.

www.davesalaskahomes.com/homes/123053841
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1010 Cushman Street Fairbanks, AK 99701

  • Price: $2,400,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 67 min ago
  • MLS #: 21-16839
24
Beds
28
Baths
0
½ Baths
0.31
Acres
11,583
SQFT
$207
$/SQFT
1962
Built
Neighborhood:
North Fairbanks
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 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 currentlCalling 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

Carport Spaces 0 Carport Type None Construction Type Concrete Foundation Type Poured Concrete Garage Type None Parking Spaces 19.00 Waterfront Access Near None Waterfront Frontage None

Interior Features

Fuel Type OilOther - See Remarks Heat Type Other-See Remarks

Property Features

Borough Census Area 3C - Fairbanks North Star Borough Construction Status Existing Structure Features Multifamily CovenantsCo Detector(S)In City LimitsLaundry FacilityOwner OccupiedSmoke Detector(S) Foreclosure Bank Owned No Mortgage Info EMMinimum Deposit 2.00 Multifamily Type Apartment StyleOther - See Remarks New Finance Terms CashConventionalOwner Finance Region 3 - Interior & North Alaska Regions - All Sewer Type Public Sewer Street Addl Info & 1002 Units Efficiency 23 Units1 Bedroom 1 Vacancy Rate 0.00 Water Type Public Zoning Cbd - Central Business District

Listing Office Nexthome Arctic Sun. Copyright 2021 Alaska Multiple Listing Service, Inc. All rights reserved.
DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Daves Alaska Homes are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing information was last updated on: 2021-11-26T22:39:25.623.

 
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