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270 Terrace Drive

Fairbanks, AK 99712
  • $630,000
  • STATUS: Active
  • MLS #: 157489
UPDATED: 37 min ago
$630,000
  • 6
    BEDS
  • 1.7
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,929
    SQFT
  • $160
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1979

School Information

Elementary School:
Middle School:
High School:

Description

Check out this amazing Birch Hill, 5-bedroom duplex on 1.71 acres. Close to town, but in a private setting! Unit 1; on the left consists of 3 bedrooms, 3 bathrooms and 2 garage spaces. This side offers access to a large deck off the dining room, 2 living spaces, a bonus room and a sauna in the downstairs bathroom. Rent for this unit is $2700/month. Unit 2; the 2-bedroom, 2-bathroom unit on the right side also offers a deck off the kitchen, a living room and a huge recreation room! There is a single garage bay for this unit, and rent is $2600/month. The property is currently set up as a duplex but could easily be converted to a single-family home by opening up the connecting interior doorway. Owners have installed a 14kW solar system with battery backup that is grid tied and feeds unit 1. Owner pays for heating oil, the Buderus boiler is in the garage and heats both structures. Owner pays electric and offers allowance for tenants in unit 1, unit 2 tenant pays electric. This unique property offers 2 spacious units, garage parking and unlimited potential. The solar system will cut utility costs significantly. Seller also has a VA loan with 2.625% interest rate for qualifying buyers. Come see this great property today, it won't last long!

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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/163310761
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270 Terrace Drive Fairbanks, AK 99712

  • Price: $630,000
  • Status: Active
  • On Site: Days
  • Updated: 37 min ago
  • MLS #: 157489
6
Beds
5
Baths
0
½ Baths
1.7
Acres
3,929
SQFT
$160
$/SQFT
1979
Built
Neighborhood:
Vue Crst South
Area:
East Rural Fairbanks
Elementary School:
Anne Wien
Middle School:
Tanana
High School:
Lathrop
Property Description
Check out this amazing Birch Hill, 5-bedroom duplex on 1.71 acres. Close to town, but in a private setting! Unit 1; on the left consists of 3 bedrooms, 3 bathrooms and 2 garage spaces. This side offers access to a large deck off the dining room, 2 living spaces, a bonus room and a sauna in the downstairs bathroom. Rent for this unit is $2700/month. Unit 2; the 2-bedroom, 2-bathroom unit on the right side also offers a deck off the kitchen, a living room and a huge recreation room! There is a single garage bay for this unit, and rent is $2600/month. The property is currently set up as a duplex but could easily be converted to a single-family home by opening up the connecting interior doorway. Owners have installed a 14kW solar system with battery backup that is grid tied and feeds unit 1. Owner pays for heating oil, the Buderus boiler is in the garage and heats both structures. Owner pays electric and offers allowance for tenants in unit 1, unit 2 tenant pays electric. This unique property offers 2 spacious units, garage parking and unlimited potential. The solar system will cut utility costs significantly. Seller also has a VA loan with 2.625% interest rate for qualifying buyers. Come see this great property today, it won't last long!
Exterior Features

Access PavedMaintained Apx Garage Sq Ft 888 Construction 2x6 Exterior Features Deck/PatioRV ParkingShedGarden AreaNaturalPull Through Driveway Exterior Finish T1-11Lap SidingCedar Foundation Concrete Block Garage Type Detached/HTD Roof Shingle Style 2 Story View Territorial

Interior Features

Appliances And Equipment Range/OvenDishwasherRefrigeratorCeiling FanBlindsGarage Door Opener Basement Full SizeFinishedDaylight Fuel Source Oil Heating Hot Water Baseboard Interior Features SaunaJetted TubSecurity SystemWet BarWalk In ClosetsLuxury Vinyl Planking Laundry Upper LevelMain Level Other Rooms Game RoomDen/Study/OfficeMaster Suite Total Baths 5 Windows Vinyl

Property Features

Age 31 + yrs CCRs YN Unknown Fire Service Public Flood Zone X For Sale Or Rent For Sale Foreclosure Reo YN No Hoa Dues Monthly N/A Licensee Owned No Residential Type DUPLEX Road Service Public Short Sale YN No Terms Cash/RefinanceQualifying Assume Water Private Well Zoning General Use District - 1 Zoning Overlay N/A

Listing provided by ALASKA LIFE REALTY: 907-385-3004.
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