941 Lincolnwood Drive, Fairbanks, AK 99705

$464,900

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List Price
$464,900
View
Territorial
Taxes
$$6031.20
Exterior Features
Cable TV, Deck/Patio, High Speed Internet, Natural, Telephone Service
Interior Features
Smoke Detectors, Vaulted Ceiling, Luxury Vinyl Planking
Style
Side by Side
Garage Type
None
Year Built
2019
Heating
Forced Air, Heat Pump/Geothermal
Elementary School
Ticasuk Brown
Middle School
N. Pole Middle
High School
N. Pole High
Construction
2x8
Foundation
Other/See Remarks
Water
Shared Well

Property Description

Beautiful, modern triplex conveniently located between Fairbanks and North Pole. Each unit is one bedroom, one bath and 680 square feet of living space. Open concept kitchen, dining, and living room with tons of natural light and vaulted ceilings. Each unit has a washer and dryer. The heating system is Geothermal with forced air. Current rents are $1,600, 1,600, and $1,525. Unit B is currently on month to month. Perfect for an owner occupant to take over if you wanted. This is a great investment property or set up to owner occupy! Conveniently located to North Pole or Fairbanks and just a short commute to both Fort Wainwright and Eielson makes this a fantastic property for anyone! This property meets the 1% rule for investors and is bringing in 8.5% cap rate after expenses. Great investment property!

Additional Information

Status
ACTIVE
MLS#
161235
Lot Size(apprx.)
34,911
Property Type
Multifamily
Residential Style
Side by Side
Year Built
2019

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Calculator source: Real Geeks

Listing courtesy of SUMMIT REALTY GROUP.