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Investment Opportunity! This 1-bedroom, 1-bath home off Rosella Avenue offers an unbeatable central Fairbanks location close to shopping, restaurants, schools, and everyday conveniences. The home has functioned as a rental consistently over the past 16 years, currently rented below market value at $825 including utilities. Whether you're looking for your first home, a renovation project, or your next investment, this home is full of potential and ready for your vision. Bring your ideas and transform this property into something truly special! Home is untreated wood crib foundation, garage is a concrete slab foundation. Not included in the square footage is a storage basement.

1 Beds ⋅ 1 Baths ⋅ 160720 MLS

Investment Opportunity! This 1-bedroom, 1-bath home off Rosella Avenue offers an unbeatable central Fairbanks location close to shopping, restaurants, schools, and everyday conveniences. The home has functioned as a rental consistently over the past 16 years, currently rented below market value at $825 including utilities. Whether you're looking for your first home, a renovation project, or your next investment, this home is full of potential and ready for your vision. Bring your ideas and transform this property into something truly special! Home is untreated wood crib foundation, garage is a concrete slab foundation. Not included in the square footage is a storage basement.

105 Rosella Avenue, Fairbanks

As close to a new multifamily build as you can get in Fairbanks today! This fully remodeled apartment building, originally constructed as a 60 unit hotel and thoughtfully converted into 44 modern residential units. The Building was remote- walled insulated adding 9 inches to the exterior making the walls 15" thick, making it extremely efficient, only using approximately $10,000 a year in natural gas. Every unit has been updated to meet contemporary standards, creating an efficient, attractive living environment that supports strong tenant demand and long-term stability. Ideally located close to downtown, with convenient access to shopping centers, parks, and schools, the property benefits from a prime, centralized setting that appeals to a wide range of renters. The layout and scale provide excellent operational efficiency while maintaining flexibility for future value-add strategies. With approximately $713,000 in annual income, this property stands out as a solid, income-producing investment well-suited for both seasoned investors and those looking to expand their multifamily portfolio. A turnkey opportunity combining location, scale, and proven cash flow

As close to a new multifamily build as you can get in Fairbanks today! This fully remodeled apartment building, originally constructed as a 60 unit hotel and thoughtfully converted into 44 modern residential units. The Building was remote- walled insulated adding 9 inches to the exterior making the walls 15" thick, making it extremely efficient, only using approximately $10,000 a year in natural gas. Every unit has been updated to meet contemporary standards, creating an efficient, attractive living environment that supports strong tenant demand and long-term stability. Ideally located close to downtown, with convenient access to shopping centers, parks, and schools, the property benefits from a prime, centralized setting that appeals to a wide range of renters. The layout and scale provide excellent operational efficiency while maintaining flexibility for future value-add strategies. With approximately $713,000 in annual income, this property stands out as a solid, income-producing investment well-suited for both seasoned investors and those looking to expand their multifamily portfolio. A turnkey opportunity combining location, scale, and proven cash flow

1533 Lacey Street, Fairbanks