Location, location, location! This property is Just What The Investor Ordered! This good sized, well maintained three-unit property sited on 1.19 in-town acres, offers a location close to Main St, easy walk-to-schools, churches, parks, bowling alley, restaurant, deli, Fairbanks Museum, Athenaeum, ice skating rink, post office, and a bonus is the around-the-corner walking trail aka "The Knob". You're a skip and a jump from the Main St Veteran's parade, the pet parade, halloween parade and the festivities of the town's new year celebration: First Night! The property offers great parking, two front porches for two tenants, a balcony for the third tenant. There are two ingress/egress accesses from all 3 units, a full basement, and great side yard and back yard parking. The main floor unit will be vacant in June, the other two units have reliable tenants. The 3rd floor apt was totally remodeled in 2025 with new flooring, painting, and bathroom. It's neat, clean and bright. The main and 2nd floor apartments are in good condition and had upgrades from previous owners about five years ago. If you're looking for an easy to maintain income producing investment, or wish to occupy a unit yourself, this property could be just what you're looking for! 48 hour notice is required so make your appointment now!
Operating Expenses : Heat,Insurance,Maintenance,Other,Sewer,Snow Removal,Trash,Utilities,Water/Sewer
Annual Expenses
Taxes: $6,973
Income
Gross Income | $51,300
NetIncome | $31,069
Appliances : Oil Water Heater | Shared Water Heater
Construction: Vinyl Siding
Year Built: 1880
Style: Multi-Family
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 4721
Above Grade Sq.Ft.: 3445
Basement: Full | Interior Stairs | Unfinished | Exterior Access | Basement Stairs
Exterior Color: Yellow
Roof: Asphalt Shingle
Seasonal: No
Heating: Oil | Baseboard | Hot Water | Boiler
Cooling: None
Electric: Circuit Breaker(s)
Trash: Owner | Private
Utilities: Cable Available | Telephone Available
Electric Meters:
Gas_Meters: 0
Water: Metered | Public
Sewer: Metered | Public
Land Information
Interior Lot | Level | Sloping | Trail/Near Trail | In Town | Near Paths | Neighborhood | Near Hospital | Near School(s)
Lot size: 1.19 acres
Zoned: Residential B)
Surveyed: Unk
Flood Zone: No
Road Frontage: 93
Driveway: Gravel