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Listed by Kelly Paschall • ALASKA REAL ESTATE VALUES
$495,000
Est. payment /mo
5 Beds
5 Baths
3,340 SqFt
Active
1003 8TH AVENUE Fairbanks, AK 99701-4371
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Key Details
Property Type Single Family Home
Sub Type SINGLE FAMILY
Listing Status Active
Purchase Type For Sale
Square Footage 3,340 sqft
Price per Sqft $148
Subdivision Ak
MLS Listing ID 160281
Bedrooms 5
Full Baths 5
Year Built 1946
Property Sub-Type SINGLE FAMILY
Property Description
RARE FIND! Spacious 5-bedroom, 5-bathroom home in a prime central location within walking distance to schools, restaurants, the library, Co-op Market, and other amenities. Originally built in 1946 and completely rebuilt in 2002 with a second story, soundproofing, updated insulation, new wiring, and numerous additional improvements. Plans and permits available upon request. Formerly operated as a successful bed and breakfast, this versatile property offers excellent income potential. The second floor features three large bedrooms, each with a private en-suite bathroom. The main level includes a welcoming living and dining area, spacious kitchen with newer stainless-steel appliances, large island, desk-height workspace, an additional bedroom, full bath, and office that could serve as a 6th bedroom. New shingles on roof. Attached one-car garage is wired for 220V service and includes a separate apartment above with private entrance, 1 bedroom, 1 bath, full kitchen, and living room. Long-term tenant would like to remain, providing immediate rental income opportunity. Unfinished basement offers laundry, mechanical systems, and abundant storage. A unique property with flexible living arrangements, income-producing potential, and an unbeatable in-town location. Motivated seller will credit $10,000 to the buyers to spend as they choose, use as a down payment, discount points, closing costs, etc.
Location
State AK
Area North Fairbanks
Zoning Two-Family Residential District
Exterior
Parking Features Attached/HTD
Garage Spaces 480.0
Building
Foundation Poured Concrete
Schools
Elementary Schools Denali
Middle Schools Ryan
High Schools Lathrop
School District Ryan