270 Terrace DR new Save Request In-Person Tour Request Virtual Tour
Fairbanks,AK 99712
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,929 sqft
Price per Sqft $160
MLS Listing ID 25-5125
Bedrooms 5
Full Baths 5
Year Built 1979
Lot Size 1.713 Acres
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 3bedrooms, 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 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 with2.625% interest rate for qualifying buyers. Come see this great property today, it won't last long!
Location
State AK
Area 745 - E Rural Fairbanks
Zoning GU1 - General Use
Exterior
Garage Spaces 3.0
Garage Description 3.0
Building
Sewer Septic Tank
New Construction No
Schools
Elementary Schools Ann Wien
Middle Schools Tanana
High Schools Lathrop