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612 COLLEGE ROAD, Fairbanks, AK 99701

Fairbanks
Local realty services provided by:CENTURY 21 Gold Rush
612 COLLEGE ROAD,Fairbanks, AK 99701
$329,900
  • 3 Beds
  • - Baths
  • 2,064 sq. ft.
  • Multi-family
  • Active
Listed by: daniel kiernan
Office: majors realty group, llc.
MLS#:159502
Source:AK_GFBOR

Price summary

  • Price:$329,900
  • Price per sq. ft.:$159.84

About this home

612 College Road has everything that makes a rental property work long-term: a central location, a captive tenant pool, and the kind of quiet, steady demand that doesn't depend on market timing. And, based on the last three years of annual expenses and income, a prospective owner occupant would stand to pay roughly $450/mo to live, after electric, heat, and water and sewer! That's less than the rent on a dry cabin! This single-story triplex offers three 1-bed, 1-bath units across 2,064 square feet, each with updated flooring, fixtures, and newly installed triple-pane windows. Boiler heat keeps operating costs predictable. Unit 3 adds an attached garage — for an owner-occupant suite if desired! Historically, rents run $1,300/unit/month ($1,600 for the one with a garage!), and the location offers tenants a short bus ride to the university, downtown, and major shopping corridors. And then there's the lot next door. An adjacent 4,200 square feet of land is available alongside the...

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Home facts

  • Year built:1950
  • Listing ID #:159502
  • Added:562 day(s) ago
  • Updated:April 15, 2026 at 07:50 PM

Rooms and interior

  • Bedrooms:3
  • Flooring:Laminate Floors
  • Kitchen Description:Microwave, Range/Oven, Refrigerator
  • Basement Description:Cellar
  • Living area:2,064 sq. ft.

Heating and cooling

  • Heating:Hot Water Baseboard, Oil

Structure and exterior

  • Roof:Flat, Membrane
  • Year built:1950
  • Building area:2,064 sq. ft.
  • Lot area:0.19 Acres
  • Construction Materials:Concrete
  • Exterior Features:Lawn
  • Foundation Description:Concrete Block

Schools

  • High school:Lathrop
  • Middle school:Randy Smith
  • Elementary school:Joy

Utilities

  • Water:Public

Finances and disclosures

  • Price:$329,900
  • Price per sq. ft.:$159.84
  • Tax amount:$3,421

Features and amenities

  • Amenities:Double Pane Windows, Triple Pane Windows

Parking

  • Total parking spaces:4
  • Parking description:Attached Garage

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