$550,000
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302 7th Avenue Fairbanks, AK 99701
Multi-Family
Residence
Beds
8
Baths
...
Bed/Bath
7,500
Sq. Ft.
Property Activity
Time on Site
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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.
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MLS#
22-13392
Property Type
Multi-Family
Bathrooms
8 Full
Year Built
1954
Square Feet
7,500
sq. ft
Lot Size
0.28
Sewer
No Sewer
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