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  • Price Unknown

    100 10th Ave, Fairbanks, AK 99701

    --beds
    64baths
    59,616sqft
    Multi Family
    Built in 1945
    -- sqft lot
    $4,999,100 Zestimate®
    $--/sqft
    $1,326 Estimated rent

    Home value

    $4,999,100

    $3.60M - $6.80M

    $1,326/mo

    Zestimate® history
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    $1,326/mo

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    $1,326/mo

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    What's special

    Welcome to the Dixon Apartments, a prime investment opportunity nestled in the heart of Fairbanks. This multi-family complex offers a total of 64 units spread across two well-maintained buildings, presenting an excellent chance for investors seeking stable returns and long-term growth. The complex offers a mix of unit sizes, including one-bedroom, and two-bedroom apartments, catering to a diverse tenant base. In addition to residential units, the property includes 60+ indoor storage units, providing an opportunity for supplementary income. Over the years, several upgrades have been made, including a new sewer line (2019), exterior insulation, new siding, and storm windows (2009), and interior renovations as needed, ensuring the property remains attractive and competitive. Each building features coin-operated laundry facilities, providing convenience for tenants and additional revenue streams for the owner. Conveniently situated off Steese Highway on 10th Avenue, the Dixon Apartments offer easy access to amenities, schools, and transportation routes. With a current 5% vacancy rate and well-maintained facilities, the Dixon Apartments present a compelling investment opportunity with significant upside potential. Efficient management and strategic marketing initiatives can further enhance rental income and maximize returns for investors. Don't miss out on this exceptional investment opportunity in Fairbanks. Whether you're a seasoned investor or exploring your first venture in real estate, the Dixon Apartments offer a solid foundation for long-term success. Contact me today to schedule a private viewing and take the first step toward building your investment portfolio.

    Zillow last checked:

    Listing updated:

    Listed by:

    Melissa Richardson 907-388-2175,

    NEXTHOME ARCTIC SUN

    Bought with:

    Melissa Richardson

    Source: GFMLS,MLS#: 155018MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 64
    Appliances
    • Included: Range/Oven, Dishwasher, Refrigerator
    • Laundry: Coin-op
    Features
    • Windows: Storm Window(s)
    Interior area
    • Total structure area: 59,616
    • Total interior livable area: 59,616 sqft

    Property

    Parking
    • Total spaces: 86
    • Parking features: No Garage
    Lot
    • Size: 2.3 Acres
    Details
    • Parcel number: 0649034
    • Zoning: Unknown
    • Zoning description: Multiple-Family Residential District

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Furred Out
    • Foundation: Insulated Concrete
    • Roof: Shingle
    Condition
    • 20 + yrs.
    • New construction: No
    • Year built: 1945

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Smoke Detector
    • Subdivision: Tanana Ch1
    Location
    • Region: Fairbanks

    Financial & listing details

    • Annual tax amount: $42,735
    • Date on market: 7/2/2024
    • Cumulative days on market: 16 days
    • Listing terms: Cash/Refinance
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/1/2024Sold--
    Source: GFMLS #155018 Report a problem
    5/14/2024Pending sale$5,750,000$96/sqft
    Source: GFMLS #155018 Report a problem
    4/28/2024Listed for sale$5,750,000$96/sqft
    Source: GFMLS #155018 Report a problem
    10/28/2014Listing removed$800
    Source: Dixon Apartments Report a problem
    10/16/2014Listed for rent$800
    Source: Dixon Apartments Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 99701

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ann Wien
    • Middle: Ryan
    • High: Lathrop

    Source: GFMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.