$385,000
Looking for a property with investment potential, room for extended family, or an opportunity to build equity through improvements? This side-by-side duplex offers plenty of possibilities for the right buyer. A brand-new septic system has already been installed, taking care of one of the larger ownership expenses. A new boiler has also been installed, adding another valuable improvement to the property. The property offers approximately 3,250 square feet on a spacious 0.71-acre south-facing lot in a convenient Fairbanks location. Both units feature functional layouts with vaulted ceilings, laminate flooring, plenty of natural light, private living spaces, and garage access. The southern exposure brings additional sunlight into the property throughout the year and makes the outdoor areas especially enjoyable during the warmer months. Unit B also includes additional flex rooms off the garage with closets and egress windows, creating useful options for home offices, hobby space, storage, or other needs. The property does have a known foundation issue that will need to be addressed. This presents an opportunity for contractors, experienced investors, or buyers looking for a renovation project with potential for resale or future rental income. With the new septic system and new boiler already in place, generous square footage, and a versatile duplex layout, there is plenty to work with for someone ready to make improvements. Outside, there is generous parking, deck and patio space, and room to spread out while remaining close to UAF, shopping, restaurants, schools, and major commuter routes. Whether youâre looking for your next investment project, a potential income-producing property, or a place to create additional living space, this duplex offers flexibility and opportunity in a convenient location. Schedule a showing and explore the possibilities for yourself.
4
Beds
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5
Baths
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161503
MLS
1510 Farmers Loop Road, Fairbanks