Skip To Content

1528 S Cushman Street

Fairbanks, AK 99701
  • $480,000
  • STATUS: Active
  • MLS #: 155388
UPDATED: 95 min ago
$480,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 6,200
    SQFT
  • $77
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1955

School Information

Elementary School:
Middle School:
High School:

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.

Monthly Payment Calculator

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/151611366
Print Image

1528 S Cushman Street Fairbanks, AK 99701

  • Price: $480,000
  • Status: Active
  • On Site: Days
  • Updated: 95 min ago
  • MLS #: 155388
0
Beds
6
Baths
0
½ Baths
0.24
Acres
6,200
SQFT
$77
$/SQFT
1955
Built
Neighborhood:
Rickert
Area:
South East Fairbanks
Elementary School:
Hunter
Middle School:
Ryan
High School:
Lathrop
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

Apx Garage Sq Ft 0 Construction Other/See Remarks Exterior Features Telephone Service Exterior Finish Other/ See Remarks Foundation Concrete Block Garage Capacity Per Unit 0 Garage Type None Parking Spaces 10 Road Access Paved Roof Membrane

Interior Features

Basement Finished Bedrooms Per Unit Other/See Remarks Configuration Other/See Remarks Heating Hot Water Baseboard

Property Features

Age 20 + yrs. Assessments YN Unknown Fire Service Public For Sale Or Rent For Sale Fuel Source Natural Gas Hoa Dues Monthly 0 Lot 3 Multifamily Type FIVE PLEX Possession Recording Reo YN No Road Service Public Sewer Public Short Sale YN No Taxes 5645 Terms Cash/Refinance Units Efficiency 0 Units Four Bedroom 0 Units One Bedroom 2 Units Three Bedroom 0 Units Two Bedroom 3 Water Public Zoning General Commercial District Zoning Overlay unknown

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.
 
Logo
Summit Realty Group
411 4th Avenue
Fairbanks AK, 99701