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1010 Cushman Street, & 1002, Fairbanks, AK 99701

Overview
Description
Supplements: ... (Read more) 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
Listing Details MLS# 21-16839
Contract Info
- Price-List
- 2400000
- Date-Listing
- 2021-11-04
- Foreclosure/Bank Own
- No
Sold Info
- Date-Pending
- 2022-01-27
- Date-Closing
- 2022-06-24
Location Tax and Legal
- Area
- 710 - North Fairbanks
- Street #
- 1010
- Street Name
- Cushman
- Arterial
- Street
- Street Addl Info
- & 1002
- Closest USPS Town
- Fairbanks
- State
- AK
- Zip Code
- 99701
Property Info
- Realtor.com Type
- Multi-Family
- Construction Status
- Existing Structure
- Beds
- 24
- Bathrooms Full
- 28
- Bathrooms Total
- 28
- Bldgs-Ttl #
- 2
- Year Built
- 1962
- SF-Res
- 11583
- Number of Units
- 24
- SF-Lot
- 13315
- Acres
- 0.31
- Prkg Spcs
- 19
- Lot Area Source
- Tax Authority
- Zoning
- CBD - Central Business District
- Bathrooms Half
- 0
- Bathrooms Three Quarter
- 0
- Garage Spaces
- 0
- Carport Spaces
- 0
Directions and Remarks
- Directions
- Airport Way To Cushman St. Red & White Brick Buildings On The Left Side Across The street From FPD
Building Info
- Units- # of Effcncy
- 23
- Units-# of 1 BR
- Yes
- Vacancy Rate
- 0
More Information
Mortgage Info
- EM Minimum Deposit
- 2
Location, Tax and Legal
- Region
- 3 - Interior & North Alaska Regions - All
- Borough/Census Area
- 3C - Fairbanks North Star Borough
- Grid # (Muni Anch)
- N/A
- Tax Map #-Mat-Su
- N/A
- Legal
- L1 L2B & L8 B116 Fairbanks Townsite
- School-Elementary
- Joy
- School-Middle
- Ryan
- School-High
- Lathrop
Multi-Family Type
- Apartment Style
- Yes
- Other - See Remarks
- Yes
Listing Terms Financing
- Cash
- Yes
- Conventional
- Yes
- Owner Finance
- Yes
Heating
- Oil
- Yes
- Other
- Yes
- See Remarks
- Yes
Construction Type
- Concrete
- Yes
Foundation Type
- Poured Concrete
- Yes
Wtrfrnt-Access Near
- None
- Yes
Garage Type
- None
- Yes
Wtrfrnt-Frontage
- None
- Yes
Carport Type
- None
- Yes
Sewer-Type
- Public Sewer
- Yes
Features-MultiFamily
- Covenants
- Yes
- CO Detector(s)
- Yes
- In City Limits
- Yes
- Laundry Facility
- Yes
- Owner Occupied
- Yes
- Smoke Detector(s)
- Yes
Listing Package ›