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For sale
  • Price cut: $15K (7/2)
    $614,999

    270 Terrace Dr, Fairbanks, AK 99712

    6beds
    3,929sqft
    : 
    Duplex
    Built in 1979
    -- sqft lot
    $-- Zestimate®
    $157/sqft
    $-- HOA

    What's special

    Check out this amazing Birch Hill, 5-bedroom duplex on 1.71 acres. Close to town, but in a private setting! Unit 1; on the left consists of 3 bedrooms, 3 bathrooms and 2 garage spaces. This side offers access to a large deck off the dining room, 2 living spaces, a bonus room and a sauna in the downstairs bathroom. Rent for this unit is $2700/month. Unit 2; the 2-bedroom, 2-bathroom unit on the right side also offers a deck off the kitchen, a living room and a huge recreation room! There is a single garage bay for this unit, and rent is $2600/month. The property is currently set up as a duplex but could easily be converted to a single-family home by opening up the connecting interior doorway. Owners have installed a 14kW solar system with battery backup that is grid tied and feeds unit 1. Owner pays for heating oil, the Buderus boiler is in the garage and heats both structures. Owner pays electric and offers allowance for tenants in unit 1, unit 2 tenant pays electric. This unique property offers 2 spacious units, garage parking and unlimited potential. The solar system will cut utility costs significantly. Seller also has a VA loan with 2.625% interest rate for qualifying buyers. Come see this great property today, it won't last long!
    118 days
    on Zillow
    |
    472
    |
    31
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 02, 2025 at 04:56pm

    Listed by:

    Dino DeAngelis 907-978-7858,

    ALASKA LIFE REALTY

    Source: GFMLS,MLS#: 157489MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 270 Terrace Dr.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    Rooms
    • Room types: Game Room, Den/Study/Office, Master Suite
    Heating
    • Hot Water
    Appliances
    • Included: Range/Oven, Dishwasher, Refrigerator
    • Laundry: Upper Level, Main Level
    Features
    • Sauna, Wet Bar, Walk-In Closet(s), Ceiling Fan(s)
    • Flooring: Vinyl
    • Windows: Vinyl, Blinds
    • Basement: Full,Finished,Daylight
    Interior area
    • Total structure area: 3,929
    • Total interior livable area: 3,929 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: RV Access/Parking, Detached/HTD, Garage Door Opener
    • Garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck/Patio
    • Exterior features: Garden, Natural
    • Has spa: Yes
    • Spa features: Bath
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 1.7 Acres
    Details
    • Additional structures: Shed(s)
    • Parcel number: 0163660
    • Zoning: N/A
    • Zoning description: General Use District - 1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • T1-11, Lap Siding, Cedar, 2x6
    • Foundation: Block
    • Roof: Shingle
    Condition
    • 31 + yrs
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Gas: Oil
    • Sewer: Private Sewer
    • Water: Private

    Community & HOA

    Community
    • Security: Security System
    • Subdivision: Vue Crst South
    Location
    • Region: Fairbanks

    Financial & listing details

    • Price per square foot: $157/sqft
    • Tax assessed value: $493,643
    • Annual tax amount: $7,386
    • Price range: $615K - $615K
    • Date on market: 5/3/2025
    • Listing terms: Cash/Refinance,Qualifying Assume
    • Road surface type: Paved
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