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1616 Mary Ann Street, Fairbanks, AK 99701

$465,000

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List Price: $465,000
Taxes: $5,494
Exterior Features: Cable TV, Deck/Patio, Fence, Garden Area, Greenhouse, High Speed Internet, Natural, RV Parking, Shed
Style: Apartment Style
Garage Type: Attached/HTD
Year Built: 1978
Heating: Hot Water Baseboard
Elementary School: Hunter
Middle School: Ryan
High School: Lathrop
Construction: 2x6
Foundation: Concrete Block
Water: Public

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Property Description

Investment Opportunity â Triplex Near Hospital! Donât miss this chance to own a well-maintained triplex in a prime location close to the hospital. This property offers steady income with two long-term, reliable tenants already in place, while the third unit is owner-occupiedâmaking it eligible for VA or FHA financing. The building includes: Two units: each with 2 bedrooms and 1 bathroom One unit: spacious 4 bedrooms and 2 bathrooms Two-car heated garage Recent upgrades add major value, including a new roof and a high-efficiency Buderus boiler system. Current rental income is approximately $4,400 per month, with potential for even greater cash flow. This is a perfect opportunity to let your tenants help cover the mortgage while building long-term equity. Whether youâre a first-time investor or looking to expand your portfolio, this property is worth a closer look. Schedule your private showing today!

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Additional Information

Closing Date: Feb 13, 2026
Status: SOLD
MLS#: 158539
Lot Size(apprx.): 15,000
Property Type: Multifamily
Residential Style: Apartment Style
Year Built: 1978