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270 Terrace Drive, Fairbanks, AK 99712

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For Sale

$614,999

6 beds • 5 baths • 3,929 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $156.53
    Price per square foot

  • 41-50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Check out this amazing Birch Hill, 5-bedroom duplex on 1.71 acres. Close to town, but in a private setting! Unit 1; on the left consists of 3 bedrooms, 3 bathrooms and 2 garage spaces. This side offers access to a large deck off the dining room, 2 living spaces, a bonus room and a sauna in the downstairs bathroom. Rent for this unit is $2700/month. Unit 2; the 2-bedroom, 2-bathroom unit on the right side also offers a deck off the kitchen, a living room and a huge recreation room! There is a single garage bay for this unit, and rent is $2600/month. The property is currently set up as a duplex but could easily be converted to a single-family home by opening up the connecting interior doorway. Owners have installed a 14kW solar system with battery backup that is grid tied and feeds unit 1. Owner pays for heating oil, the Buderus boiler is in the garage and heats both structures. Owner pays electric and offers allowance for tenants in unit 1, unit 2 tenant pays electric. This unique property offers 2 spacious units, garage parking and unlimited potential. The solar system will cut utility costs significantly. Seller also has a VA loan with 2.625% interest rate for qualifying buyers. Come see this great property today, it won't last long!
MLS# 157489

Courtesy Of Alaska Life Realty

(907) 385-3004

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Deck, Patio, Wet Bar, Sauna, Security System, Security System
  • Appliances
    Dishwasher, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Heating System
    Baseboard
  • Lot Size
    1.7 Acres
  • Rooms
    Basement, Den, Game Room, Office, Sauna
  • View Type
    Territorial

Map and Directions

Directions to 270 Terrace Drive, Fairbanks, AK 99712

Home seller CENTURY 21 Gold Rush

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CENTURY 21 Gold Rush

(907) 452-2100
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Copyright © 2025 Greater Fairbanks Board-Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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