612 College Road, Fairbanks, AK 99701
Local realty services provided by:CENTURY 21 Realty Solutions
612 College Road,Fairbanks, AK 99701
$330,000
- 3 Beds
- 3 Baths
- 2,064 sq. ft.
- Single family
- Active
Listed by: dan kiernan
Office: majors realty group, llc.
MLS#:25-13072
Source:AK_AMLS
Price summary
- Price:$330,000
- Price per sq. ft.:$159.88
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 thethe 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, 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 triplex -- room to build a second income property, add storage units, or even move snow in the winter!
At $330,000, this isn't a speculative bet. It's an already-performing asset with room to grow, in a location that tenants keep choosing year after year...
Contact an agent
Home facts
- Year built:1950
- Listing ID #:25-13072
- Added:156 day(s) ago
- Updated:March 19, 2026 at 02:37 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,064 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Membrane
- Year built:1950
- Building area:2,064 sq. ft.
- Lot area:0.19 Acres
- Construction Materials:Concrete
- Foundation Description:Concrete Perimeter
Schools
- High school:Lathrop
- Middle school:Randy Smith
- Elementary school:Joy
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$330,000
- Price per sq. ft.:$159.88
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