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135 Charles Street, Fairbanks, AK 99701

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For Sale

$360,000

2,512 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $143.31
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

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 space perfect 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.
MLS# 155105

Courtesy Of Summit Realty Group

(907) 374-3208

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Basement
  • Appliances
    Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Heating System
    Baseboard, Hot Water
  • Lot Size
    0.11 Acres
  • Roof Type
    Composition Shingle
  • Rooms
    Basement

Map and Directions

Directions to 135 Charles Street, Fairbanks, AK 99701

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Copyright © 2024 Greater Fairbanks Board-Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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