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1528 S Cushman Street

Fairbanks, AK 99701
  • $500,000
  • STATUS: Active
  • MLS #: 155356
UPDATED: 47 min ago
$500,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,200
    SQFT
  • $81
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1955

School Ratings & Info

Description

Here's a chance to own a cash-flowing property with multiple streams of income. On the main floor is a long standing restaurant with great rental history. In addition to the restaurant you have 5 apartments, each with good history, as well. The seller has been putting a lot of work into the building. All of the units have been recently remodeled. Most of the items from an engineer's inspection have been completed. A new natural gas boiler has been installed. There's some work left to be done but this one cash flows more than enough to pay for what is left.

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IDX information © 2024 Greater Fairbanks Board of Realtors Multiple Listing Service.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS or Summit Realty Group.
www.fairbanksalaskahome.com/homes/151491317
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1528 S Cushman Street Fairbanks, AK 99701

  • Price: $500,000
  • Status: Active
  • On Site: Days
  • Updated: 47 min ago
  • MLS #: 155356
0
Beds
0
Baths
0
½ Baths
0.24
Acres
6,200
SQFT
$81
$/SQFT
1955
Built
Neighborhood:
Rickert
Area:
South East Fairbanks
Property Description
Here's a chance to own a cash-flowing property with multiple streams of income. On the main floor is a long standing restaurant with great rental history. In addition to the restaurant you have 5 apartments, each with good history, as well. The seller has been putting a lot of work into the building. All of the units have been recently remodeled. Most of the items from an engineer's inspection have been completed. A new natural gas boiler has been installed. There's some work left to be done but this one cash flows more than enough to pay for what is left.
Exterior Features

Construction FrameConcreteCombo Frontage Cushman Street Lot Size Under .50 ac Parking Spaces 20

Interior Features

Approx Sq Ft Unit 5001-10000 Heating HOT WATER BASEBOARD Living Units 5 Restrooms 1

Property Features

Apod YN Yes Business Type RestaurantOther/See RemarksMulti-purpose CCRs YN Z- Unknown Commercial Type MULTI-PURPOSE Documents On File Fuel/Utility UsageLeases Fuel Source Natural Gas Miscellaneous Living QuartersDelivery DoorSprinkler SystemInside Storage Possession Recording Reo YN No Short Sale YN No Taxes 0 Terms Cash/Refinance Type Of Property Multi-Purpose Utilities Public WaterPublic SewerElectricGasPhoneBuried Fuel TankInternet Zoning General Commercial District Zoning Overlay Unk

Listing provided by HEDGECOCK GROUP REAL ESTATE, LLC: 907-378-0293.
IDX information © 2024 Greater Fairbanks Board of Realtors Multiple Listing Service.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS or Summit Realty Group.
 
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Summit Realty Group
411 4th Avenue
Fairbanks AK, 99701