3,200 sq. ft.
64.8443 -147.672

515 Farewell Avenue Fairbanks, AK 99701


Est. Monthly $1,260 with $3,024 in taxes recalculate
3,200 sf

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CENTURY 21 Gold Rush
CENTURY 21 Gold Rush
29 College Road, Suite 5
Fairbanks, AK 99701
CENTURY 21 Gold Rush
29 College Road, Suite 5 Fairbanks, AK 99701
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515 Farewell Avenue
Fairbanks, AK 99701

Explore This Property

Multi-Family (2-4 Units) - Investors! Here is a rare opportunity to pick up a multi-family building near the back gate of Ft. Wainwright. Owners report a low vacancy rate and each unit rents out from $700 to $900 a month with tenants paying their own electric. A non-disclosure agreement is required to release financial data and the CAP rate is estimated to be in excess of 9%. If you are looking for an income producing property in a great location, here it is! New furnace 2014 and new water heater 2018. Exterior grading and parking rails with plug ins for vehicles in 2016.
MLS # 145989
Courtesy Of Madden Real Estate w/ KW Alaska Group

Property Features

  • Age: Over 50 Years Old
  • Amenities: Basement
  • Architecture Style: Other
  • Exterior Type: Aluminum Siding
  • Heating System: Forced Air
  • Lot Size: 0.21 Acres
  • Roof Type: Membrane
  • Rooms: Basement

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 3.38% APR
    $1,260Your estimated monthly payment
    $56,98020% Down Payment
    $284,900 $227,920 $3,024
    purchase price loan amount property tax (est)
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School

    Grades PRESCHOOL-6 | Public School

    Fairbanks, AK 99701

    Total Students 300
    Student Teacher Ratio 16:1

    School Rating

    2 stars View School Details

    Middle School

    Grades 7-8 | Public School

    Fairbanks, AK 99701

    Total Students 340
    Student Teacher Ratio 14:1

    School Rating

    1 star View School Details

    High School

    Grades 9-12 | Public School

    Fairbanks, AK 99701

    Total Students 930
    Student Teacher Ratio 16:1

    School Rating

    2 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Ladd Elementary School 0.2 mi Public PRESCHOOL-7
    Aurora Tutoring School And Resource Center 1.0 mi Private PRESCHOOL-12
    Arctic Light Elementary School 1.2 mi Public PRESCHOOL-8
    Cyberlynx Correspondence Program - Fairbanks 1.2 mi Public K-12
    Weller Elementary School 1.4 mi Public PRESCHOOL-6
    Ticasuk Brown Elementary School 1.4 mi Public PRESCHOOL-5
    Salcha Elementary School 1.4 mi Public K-6
    Fairbanks Best 1.4 mi Public K-12
    Two Rivers School 1.4 mi Public K-8
    Alternative Learning Systems 1.4 mi Public K-12
    Catholic Schools Of Fairbanks 1.4 mi Catholic PRESCHOOL-12
    Immaculate Conception School 1.4 mi Private K-12
    Monroe Catholic Junior/senior High School 1.4 mi Catholic PRESCHOOL-12
    Fairhill Christian School 1.4 mi Private PRESCHOOL-8
    Spruce Tree Montessori School 1.5 mi Private PRESCHOOL-6
    Barnette Magnet School 1.6 mi Public K-8
    Hunter Elementary School 1.8 mi Public PRESCHOOL-6
    Joy Elementary K-8 School 1.9 mi Public PRESCHOOL-8

    Local Area Information for Fairbanks, AK 99701

    Median Age: 34.5
    Married: 29.1%
    Number of Households: 7,546
    Households with Children: 1,960
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2021 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.
      Data powered by Attom Data Solutions. Copyright© 2020. Information deemed reliable but not guaranteed.
      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.

      COUNTIES NEARBY Fairbanks

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      The Multi-Family (2-4 Units) located at 515 Farewell Avenue, Fairbanks, AK 99701 is currently for sale. 515 Farewell Avenue, Fairbanks is listed for $284,900. This property has approximately 3,200 square feet, and Lot Size of approximately 0.21. If the property located at 515 Farewell Avenue, Fairbanks, AK isn't what you're looking for, search Alaska real estate to see other houses for sale in Fairbanks.