253 Romans Way, Fairbanks, AK 99701

Fairbanks
Local realty services provided by:Better Homes and Gardens Real Estate Dream Makers
253 Romans Way,Fairbanks, AK 99701
$475,000
  • 10 Beds
  • 10 Baths
  • 7,000 sq. ft.
  • Multi-family
  • Active
Listed by: jennifer bernard, william bernard
Office: next level realty, llc.
MLS#:26-7527
Source:AK_AMLS

Price summary

  • Price:$475,000
  • Price per sq. ft.:$67.86

About this home

Rare, high-density investment opportunity! Versatile 10-bedroom, 10-bathroom multiplex offers steady income-stream, & located in prime location. Perfectly configured for a group home, supportive housing network, or specialized residential care facility, expansive complex with balance of community spaces and private residential units, ready for new owners! (1) 2-Bedroom Units Currently rented at $1,400/mo (1) 2-Bedroom Units Currently rented at $1,300/mo (5) 1-Bedroom Units Currently rented at $1,100/mo (4) Single Room Occupancy (SRO) $600/mo (two tenants per room $300 each) Approximately $10,600 rental income. Current rents priced below AHFC market rates, providing the opportunity to optimize rents and maximize the portfolio's yield.

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Home facts

  • Year built:1959
  • Listing ID #:26-7527
  • Added:6 day(s) ago
  • Updated:June 28, 2026 at 09:19 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:10
  • Full bathrooms:10
  • Living area:7,000 sq. ft.

Structure and exterior

  • Year built:1959
  • Building area:7,000 sq. ft.
  • Lot area:0.48 Acres

Schools

  • High school:Lathrop
  • Middle school:Ryan
  • Elementary school:Hunter

Finances and disclosures

  • Price:$475,000
  • Price per sq. ft.:$67.86

Features and amenities

  • Laundry features:Common Area
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