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1020 Pedro Street, Fairbanks
$419,900
4 Beds ⋅ 2 Baths ⋅ 161498 MLS
1020 Pedro Street offers a lot of usable living space for the price in an established Fairbanks neighborhood. This 4-bedroom, 2-bath raised ranch provides approximately 2,766 square feet with a finished full-size basement, giving you flexibility for additional living space, a family room, home office, hobbies, or whatever fits your needs. The interior is ready for cosmetic updating, giving the next owner an opportunity to make the home their own; this is already reflected in the value at approximately $152 per square foot. Hardwood floors add character, while hot-water baseboard heat, public water, and public sewer keep the everyday setup practical. One of the more unique features is the enclosed solarium, which provides additional space to enjoy natural light throughout the year. The exterior was recently painted this year, and the lawn was hydroseeded this summer, giving the property a fresh start outside as well. The fully fenced backyard also offers garden space, a shed, and a deck/patio area to enjoy during the warmer months. An attached heated garage adds convenient covered parking and storage through the winter. If you’ve been looking for a Fairbanks home with four bedrooms, plenty of room to spread out, a finished basement, a unique solarium, and the opportunity to add your own updates without paying a fully renovated price, 1020 Pedro Street deserves a closer look. Call today for more information!

1020 Pedro Street, Fairbanks

224 Ina Street, Fairbanks
$339,900
3 Beds ⋅ 2 Baths ⋅ 161079 MLS
Welcome to this spacious 3-bedroom, 2-bath home in historic Fairbanks! The home has an oversized 2-car garage and an additional room that could be used as an office, den, or guest space. The convenient location puts you within walking distance of shopping, dining, parks, downtown amenities, and more. Outside, the beautifully landscaped yard adds to the charm of the property and makes great use of the corner lot. The home has newer windows and fantastic bones, providing a solid starting point for your updates and personal touches. The home has a Buderas boiler and a pellet stove connects directly to a forced-air heating system, helping offset energy costs during our Alaskan winters. While the home could use a little elbow grease and updating, it is generally move-in ready, with plenty of opportunity to build equity and make it your own. The seller is offering a $5,000 flooring allowance to help get you started. A solid home in a great location with tons of potential!

224 Ina Street, Fairbanks

301 Erceg Street, Fairbanks
$680,000
6 Beds ⋅ 6 Baths ⋅ 160622 MLS
The Adamina is a six-suite short-term rental property located just off the downtown Fairbanks area. Historically, five suites have operated as short-term rentals while the seller occupied the sixth suite as owner housing. A future owner could continue that arrangement, utilize the sixth suite for cleaner or manager housing, or convert it into an additional revenue-producing rental unit. Since opening on July 4, 2021, The Adamina has generated approximately $631,482 in documented payout revenue in less than five years of operation while maintaining competitive market pricing, strong guest reviews and consistent occupancy. Business Highlights • Six-suite property located just off the downtown Fairbanks area. • More than $631,000 in documented payout revenue generated since opening. • Strong operating history with consistent annual revenue exceeding $110,000 in recent years. • Historical performance achieved while only five of the six suites were utilized as short-term rentals. • Existing reservations secured into 2027. • Renovations and suite refresh projects have been completed on several units in recent years, with additional opportunities for future updates if desired. • Guest sauna program established as a unique winter-focused amenity that helps differentiate the property within the Fairbanks lodging market. • Consistently strong guest reviews across multiple booking platforms. • Competitive pricing relative to comparable accommodations throughout the Fairbanks North Star Borough. Market Position and Future Potential Booking.com market analytics indicate Fairbanks lodging demand increased approximately 13% during the most recent 365-day period compared to the prior year. During late 2025 and early 2026, booking availability settings were inadvertently impacted by channel-management software updates. Once identified and corrected, reservation activity returned rapidly to historical levels. This recovery occurred after several suite refresh projects were completed and the guest sauna program was introduced, suggesting continued strong demand for the property and its amenities. Historical revenue performance was achieved while maintaining competitive rates and without significant rate increases despite rising utility and operating costs throughout the local lodging industry. This has allowed the property to remain highly competitive while preserving flexibility for future ownership. The refreshed suites, established sauna program, strong guest reviews and existing reservation pipeline provide a solid foundation for continued operation as a short-term rental business. Property Offering The property is being offered at $680,000 unfurnished. Furniture, furnishings, operational equipment, future reservations and transition assistance may be availvable through separate negotiation or included in the purchase if acceptable to buyer, seller and lender. Depending on buyer interest, additional assets available for negotiation may include: • Suite furnishings and décor • Linens and guest inventory • Business-owned routers and networking equipment • Exterior security camera system • Sauna amenities currently utilized as part of the property's winter guest experience • Operational equipment and supplies • Existing future reservations secured at the time of sale • Transition assistance for establishing a new short-term rental operation While the business name itself is not included in the transaction, the seller is willing to assist a purchaser with transitioning operations, establishing a new short-term rental brand and maintaining continuity of existing reservations where practical. This is a rare opportunity to acquire an established Fairbanks short-term rental property with documented operating history, future reservations on the books, strong guest reviews and significant upside through expansion of the sixth suite or operational enhancements. 3.25% assumable VA loan. 2025 P&L statement now on file.

301 Erceg Street, Fairbanks

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