37
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$550,000
Est. payment /mo
8 BA
7,500 SqFt
Price Dropped by $49K
302 7th AVE Fairbanks, AK 99701
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UPDATED:
11/07/2024 10:25 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,500 sqft
Price per Sqft $73
MLS Listing ID 22-13392
Full Baths 8
Construction Status Existing Structure
Originating Board Alaska Multiple Listing Service
Year Built 1954
Annual Tax Amount $6,264
Lot Size 0.277 Acres
Acres 0.28
Property Description
This is a unique property that was built for and has continued to be a rooming house for many years. Located close to downtown, it is within walking distance to almost everything. It fills a niche for folks that have a limited budget and don't need much space - some have lived there for many years. Converting to a B&B, office or other use are options. You can access the building from 6th or 7th Avenue with parking on both sides. Laundry area, bike storage and storage units are also available in addition to 25 living areas, some with private baths but most that share 5 common bathrooms. Security doors, sprinkler system throughout, 2 boilers and other amenities make this an investment without much competition. Some furnishings will convey. Owner is a licensed Broker in the State of Alaska. Tax parcels 37583 & 37574. The addition (1982) is 2x6; original section (1954) unknown. See attached document for more info on the layout and building amenities.
Location
State AK
Area 710 - North Fairbanks
Zoning GC - General Commercial
Direction From Steese Hwy, take 10th to to right on Noble, right on 6th, on left
Exterior
Roof Type Built-Up
Building
Lot Size Range 0.28
Sewer Public Sewer2
New Construction No
Construction Status Existing Structure
Schools
Elementary Schools Denali
Middle Schools Ryan
High Schools Lathrop
Others
Tax ID 37583
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Listed by Meyeres Real Estate
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