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1616 Mary Ann Street

Fairbanks, AK 99701
  • $465,000
  • STATUS: Active
  • MLS #: 158539
UPDATED: 41 min ago
$465,000
  • 8
    BEDS
  • 0.34
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,794
    SQFT
  • $97
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1978

School Information

Elementary School:
Middle School:
High School:

Description

Investment Opportunity " Triplex Near Hospital! Dont miss this chance to own a well-maintained triplex in a prime location close to the hospital. This property offers steady income with two long-term, reliable tenants already in place, while the third unit is owner-occupied"making it eligible for VA or FHA financing. The building includes: Two units: each with 2 bedrooms and 1 bathroom One unit: spacious 4 bedrooms and 2 bathrooms Two-car heated garage Recent upgrades add major value, including a new roof and a high-efficiency Buderus boiler system. Current rental income is approximately $4,400 per month, with potential for even greater cash flow. This is a perfect opportunity to let your tenants help cover the mortgage while building long-term equity. Whether youre a first-time investor or looking to expand your portfolio, this property is worth a closer look. Schedule your private showing today!

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IDX information © 2025 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/167402467
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1616 Mary Ann Street Fairbanks, AK 99701

  • Price: $465,000
  • Status: Active
  • On Site: Days
  • Updated: 41 min ago
  • MLS #: 158539
8
Beds
4
Baths
0
½ Baths
0.34
Acres
4,794
SQFT
$97
$/SQFT
1978
Built
Neighborhood:
Rickert
Area:
South East Fairbanks
Elementary School:
Hunter
Middle School:
Ryan
High School:
Lathrop
Property Description
Investment Opportunity " Triplex Near Hospital! Dont miss this chance to own a well-maintained triplex in a prime location close to the hospital. This property offers steady income with two long-term, reliable tenants already in place, while the third unit is owner-occupied"making it eligible for VA or FHA financing. The building includes: Two units: each with 2 bedrooms and 1 bathroom One unit: spacious 4 bedrooms and 2 bathrooms Two-car heated garage Recent upgrades add major value, including a new roof and a high-efficiency Buderus boiler system. Current rental income is approximately $4,400 per month, with potential for even greater cash flow. This is a perfect opportunity to let your tenants help cover the mortgage while building long-term equity. Whether youre a first-time investor or looking to expand your portfolio, this property is worth a closer look. Schedule your private showing today!
Exterior Features

Apx Garage Sq Ft 698 Construction 2x6 Exterior Features Cable TVDeck/PatioFenceGarden AreaGreenhouseHigh Speed InternetNaturalRV ParkingShed Exterior Finish T1-11 Foundation Concrete Block Garage Capacity Per Unit 2 Garage Type Attached/HTD Parking Spaces 4 Road Access Maintained Roof Shingle Windows Double PaneThermal PaneWood

Interior Features

Appliances Range/OvenMicrowaveDishwasherRefrigeratorCook TopWall Oven Basement FinishedFull Size Bedrooms Per Unit Combo Configuration Apartment Style Heating Hot Water Baseboard

Property Features

Age 20 + yrs. Assessments YN Unknown CCRs YN Unknown Fire Service Public For Sale Or Rent For Sale Fuel Source Oil Hoa Dues Monthly N/A Lot 17 & 18 Multifamily Type TRIPLEX Possession Recording Reo YN No Road Service Public Short Sale YN No Taxes 5494.76 Terms Cash/Refinance Units Efficiency 0 Units Four Bedroom 1 Units One Bedroom 0 Units Three Bedroom 0 Units Two Bedroom 2 Water Public Zoning Multiple-Family Residential/Prof Zoning Overlay N/A

Listing provided by HEDGECOCK GROUP REAL ESTATE, LLC: 907-378-0293.
IDX information © 2025 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