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Sold on 04/30/25
  • Price Unknown

    720 18th Ave, Fairbanks, AK 99701

    6beds
    4baths
    2,360sqft
    Quadruplex
    Built in 1946
    -- sqft lot
    $471,300 Zestimate®
    $--/sqft
    $2,549 Estimated rent

    What's special

    High income producing 4 plex totaling $7170/month on average next to the hospital with a 9.75% CAP and 14% COC in 2024. Last 6 months average rents from 2024 with 3 long term rentals and one BNB. Two of three units complete remodel also including new siding, stairs, new windows, new eves over entry, new lower roof, many new appliances, & one unit is fully furnished. Converted to natural gas and all city utilities, gutters, regraded driveway, keyless entry throughout, and landlord thermostats to control heat bills. Newer gas boiler, separate electric meters with electric water heaters on tied to each unit. Furnished unit items to stay with an acceptable offer. Future BNB bookings in unit 4 to convey. Owners are Real estate licensees in the state of Alaska.

    Zillow last checked: 7 hours ago

    Listing updated: April 30, 2025 at 12:24pm

    Listed by:

    Jerry Lymburner 907-347-4433,

    POWERED BY LYMBURNER REALTY

    Bought with:

    Daniel Larranaga

    Larranaga

    Source: GFMLS,MLS#: 156730MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Hot Water
    Appliances
    • Included: Range/Oven, Microwave, Refrigerator
    • Laundry: None
    Features
    • Flooring: Concrete, Laminate, Vinyl
    • Windows: Double Pane Windows, Triple Pane Windows, Vinyl
    • Basement: Daylight,Finished
    Interior area
    • Total structure area: 2,360
    • Total interior livable area: 2,360 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: No Garage
    • Details: Outside
    Features
    • Exterior features: High Speed Internet, Telephone Service
    Lot
    • Size: 3,484 sqft
    Details
    • Parcel number: 0088773
    • Zoning: UNK
    • Zoning description: Multiple-Family Residential District

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Vinyl Siding, 2x4
    • Foundation: Block
    • Roof: Shingle
    Condition
    • 20 + yrs.
    • New construction: No
    • Year built: 1946

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Natural Gas Connected

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s), Smoke Detector
    Location
    • Region: Fairbanks
    • Subdivision: Rickert Homestead

    Other

    Other facts
    • Listing terms: Cash/Refinance
    • Road surface type: Paved
    Services availability