1010 Cushman Street, & 1002, Fairbanks, AK 99701 (MLS# 21-16839)

1010 Cushman Street, & 1002, Fairbanks, AK 99701

$2,400,000
Property Type: Multi-Family Bedrooms: 24 Baths: 28 Square Footage: 11,583 Lot Size (sq. ft.): 13,315 Status: Closed
Current Price: $2,400,000 Last Modified: 9/27/2024

Overview

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 currentl

Supplements: 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 w ...

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

Property Features

Multi-Family Type: Apartment Style; Other - See Remarks Foundation Type: Poured Concrete Construction Type: Concrete Garage Type: None Carport Type: None Heating: Oil; Other; See Remarks Sewer-Type: Public Sewer Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: Covenants; CO Detector(s); In City Limits; Laundry Facility; Owner Occupied; Smoke Detector(s) Listing Terms Financing: Cash; Conventional; Owner Finance
IDX
Listing Office: NextHome Arctic Sun
Last Updated: September - 27 - 2024
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 the site owner are marked with 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. Site contains live data.

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