1220 9TH AVENUE 1218 9th, 1211 Denali st, Fairbanks, AK 99701
1220 9TH AVENUE 1218 9th, 1211 Denali st, Fairbanks, AK 99701
1220 9TH AVENUE 1218 9th, 1211 Denali st, Fairbanks, AK 99701
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Listed by Jerry Lymburner • POWERED BY LYMBURNER REALTY
$515,000
Est. payment /mo
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6 Beds
4 Baths
2,475 SqFt
Active

1220 9TH AVENUE 1218 9th, 1211 Denali st Fairbanks, AK 99701

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Jerry Lymburner

Jerry Lymburner

+1(907) 347-4433

UPDATED:

Key Details

Property Type Multi-Family

Sub Type TRIPLEX

Listing Status Active

Purchase Type For Sale

Square Footage 2,475 sqft

Price per Sqft $208

Subdivision Ak

MLS Listing ID 160851

Bedrooms 6

Construction Status 2x6

Year Built 1952

Lot Size 10,149 Sqft

Acres 0.233

Property Sub-Type TRIPLEX

Property Description

Own one. Rent two. Build wealth from day one. Exceptional investment opportunity in the heart of Fairbanks! This extensively updated triplex features a spacious 3 bed/2 bath owner's residence, a 2 bed/1 bath income-producing unit, and a 1 bed/1 bath income-producing unit—offering the rare combination of immediate cash flow, owner-occupancy flexibility, and future income upside. Whether you're looking to house hack, expand your investment portfolio, or operate a successful short-term rental business, this property delivers. Currently generating approximately $67,000 in annual gross income from only two established rental units, this property allows the next owner to continue operating as-is or unlock even greater earning potential by renting all three units. Situated on a rare oversized double lot, the property features modern updates throughout, durable 2x6 construction, attractive curb appeal, a heated detached garage, ample off-street parking, and flexible living arrangements to fit a variety of investment strategies. Located just minutes from Downtown Fairbanks, Fort Wainwright, the University of Alaska Fairbanks, restaurants, shopping, and the Chena River, this central location consistently attracts military personnel, healthcare professionals, university affiliates, traveling professionals, and tourists alike. Whether you're searching for an owner-occupied investment, a turnkey Airbnb business, or a long-term income property with room to grow, opportunities like this are exceptionally rare in today's market. Furniture and furnishings will convey with sale.

Location

State AK

Area North Fairbanks

Zoning Multiple-Family Residential District

Interior

Heating Hot Water Baseboard

Exterior

Exterior Feature Cable TV, Deck/Patio, Fence, Garden Area, High Speed Internet, Lawn, RV Parking, Telephone Service

Parking Features Detached/HTD

Garage Spaces 576.0

Roof Type Shingle

Total Parking Spaces 6

Building

Foundation Concrete Block

Water Public

Construction Status 2x6

Schools

Elementary Schools Denali

Middle Schools Ryan

High Schools Lathrop

Others

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Jerry Lymburner
Jerry Lymburner

Owner & Broker | License ID: RECS18504

+1(907) 347-4433 | jerry@pblrealty.com

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1220 9TH AVENUE 1218 9th, 1211 Denali st