3 bedroom house for sale

Overview

Exceptional Investment Opportunity in Fairbanks: Discover the potential in this multi-family property situated just five minutes from downtown Fairbanks. This well-maintained building features three income-generating units, making it an ideal choice for investors seeking steady returns or for owner-occupiers looking for a smart residential solution. Property Highlights: Three Versatile Units: The property includes three one-bedroom units, with the ground floor unit boasting an additional office spaceperfect for work-from-home arrangements. Recent Renovations: Two units have undergone extensive remodeling, enhancing both their appeal and functionality. The property also benefits from several energy efficiency improvements, ensuring lower utility costs and increased comfort. Convenient Features: Residents enjoy communal laundry facilities and private storage units, adding to the convenience and desirability of the property. Attractive Rent Structure: Apartment 1: $1, 100/month Apartment 2: $1, 100/month Apartment 3 (with office): $1, 500/month The upstairs units are available on a month-to-month basis, offering flexibility for new management strategies, while the downstairs unit has a stable lease in place until March 31, 2025. This property not only offers an excellent location and significant rental income but also presents a fantastic opportunity for both passive income generation and personal use. With its mix of current earnings and potential for future growth, this Fairbanks gem is ready to become the cornerstone of your investment portfolio.