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1533 LACEY STREET, Fairbanks, AK 99701

Fairbanks
Local realty services provided by:CENTURY 21 Gold Rush
1533 LACEY STREET,Fairbanks, AK 99701
$8,750,000
  • - Beds
  • - Baths
  • 28,204 sq. ft.
  • Multi-family
  • Active
Listed by: ray brasier
Office: brasier realty
MLS#:159243
Source:AK_GFBOR

Price summary

  • Price:$8,750,000
  • Price per sq. ft.:$310.24

About this home

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...

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Home facts

  • Year built:1974
  • Listing ID #:159243
  • Added:64 day(s) ago
  • Updated:March 19, 2026 at 02:16 PM

Rooms and interior

  • Kitchen Description:Range/Oven
  • Living area:28,204 sq. ft.

Heating and cooling

  • Heating:Natural Gas, Radiant Floor

Structure and exterior

  • Roof:Membrane
  • Year built:1974
  • Building area:28,204 sq. ft.
  • Lot area:0.79 Acres
  • Exterior Features:Fence
  • Foundation Description:Poured Concrete

Schools

  • High school:Lathrop
  • Middle school:Tanana
  • Elementary school:Ann Wien

Utilities

  • Water:Public

Finances and disclosures

  • Price:$8,750,000
  • Price per sq. ft.:$310.24
  • Tax amount:$43,219

Features and amenities

  • Amenities:High Speed Internet, Luxury Vinyl Planking, Thermal Pane Windows

Parking

  • Total parking spaces:40

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