253 Romans WAY, Fairbanks, AK 99701
253 Romans WAY, Fairbanks, AK 99701
253 Romans WAY, Fairbanks, AK 99701
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Aurora Courtney

Aurora Courtney

+1(907) 302-2676
$475,000
Est. payment /mo
10 Beds
10 Baths
7,000 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,000 sqft

Price per Sqft $67

MLS Listing ID 26-7527

Bedrooms 10

Full Baths 10

Construction Status Existing Structure

Year Built 1959

Lot Size 0.484 Acres

Acres 0.48

Source Alaska Multiple Listing Service

Property Description

Rare, high-density investment opportunity! Versatile 10-bedroom, 10-bathroom multiplex offers steady income-stream, & located in prime location. Perfectly configured for a group home, supportive housing network, or specialized residential care facility, expansive complex with balance of community spaces and private residential units, ready for new owners! (1) 2-Bedroom Units Currently rented at $1,400/mo
(1) 2-Bedroom Units Currently rented at $1,300/mo
(5) 1-Bedroom Units Currently rented at $1,100/mo
(4) Single Room Occupancy (SRO) $600/mo (two tenants per room $300 each)

Approximately $10,600 rental income. Current rents
priced below AHFC market rates, providing the opportunity to optimize rents and maximize the portfolio's yield.

Location

State AK

Area 720 - Southeast Fairbanks

Zoning GC - General Commercial

Direction Take Cushman/Old Richardson Hwy Exit, continue on 30th Ave, Left on Leasure St., Right on Romans Way

Interior

Heating Unknown

Exterior

Waterfront Description None

Water Access Desc Unknown-BTV

Building

Foundation Unknown - BTV

Lot Size Range 0.48

Sewer Unknown

Water Unknown-BTV

New Construction No

Construction Status Existing Structure

Schools

Elementary Schools Hunter

Middle Schools Ryan

High Schools Lathrop

Others

Tax ID 0137685

Acceptable Financing AHFC, Conventional

Listing Terms AHFC, Conventional

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Alaska MLS
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Listed by Next Level Realty, LLC

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Aurora Courtney

Aurora Courtney

+1(907) 302-2676

Associate Broker | License ID: 100653, 500072

Associate Broker License ID: 100653, 500072

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