416 FAREWELL AVENUE, Fairbanks, AK 99701

$298,000 Asking Price

3 beds
3 baths
1,956  sqft
Built in 1956

Charming 3 Bedroom, 3 Bath Home with Income Potential. Welcome to your new home conveniently located close to all amenities, making daily errands a breeze. This beautiful property offers 3 bedrooms, 3 baths, perfect for families or those needing extra space. If it is income potential that you are looking for, the downstairs unit features 1 bedroom,1 bath, kitchen, and private laundry – ideal for rental income or a guest suite. Original wood floors add warmth and character throughout the living space and are complimented by tile in the bathrooms and kitchen. A gas range and updated appliances are surrounded by newer custom kitchen cabinetry adding stylish and functional storage. Built-in shelves and alcoves offer an abundance of storage space. Newer triple pane windows, updated plumbing and heating, a newer roof, as well as some updated electrical were all completed as part of an 8 year old remodel. Energy efficiency has been improved with newer insulation in the roof and some interior walls, in addition to foam board insulation installed on the exterior under the siding. An oversized, attached one car garage offers private access to the main living area and the apartment/bedroom downstairs. There is a generator transfer switch in place for emergency back up and natural gas is available if a future home owner desired to have it connected. The back of the house has alley access and provides an abundance of parking space. Don’t miss out on this fantastic opportunity to own a home with great features and income potential! Contact us today to schedule a showing.

Features & Amenities

Interior

General:
Hardwood Floors,Tile Floor,Vaulted Ceiling,Smoke Detectors
Rooms:
Arctic Entry,Mother-In-Law
Appliances:
Range/Oven,Dishwasher,Microwave,Refrigerator,Washer,Dryer,Blinds,Curtain Rods,Garage Door Opener,Drapes
Laundry:
Upper Level,Basement
Basement:
Finished
Heating:
Hot Water Baseboard

Exterior

General:
Aluminum, RV Parking,Fence,Shed,Paved Driveway
Style:
2 Story
Parking:
Parking spaces: 6

Construction

Roofing:
Shingle
Windows:
Vinyl,Triple Pane
General:
2x4, 2 Story, Poured Concrete

Lot

Zoning:
Single-Family Residential Districts - 10

Utilities

Water:
Public

This listing courtesy of:
SOMERS SOTHEBY'S

About Fairbanks, AK

Housing

Number of Units
29,088
Median Home Value
$247,347
Median Rent
$1,049

38.34% of housing units are renter occupied.

14.12% are vacant.

Commute

Car
72.15%
Public Transportation
1.00%
Walk to Work
2.92%
Work from Home
22.12%
Other
1.03%

The median travel time to work is 16 minutes.

People

Population
61,731
Median Age
36.50
Median Household Size
2.66

Education

High School
22.44%
Associate’s Degree
7.30%
Bachelor’s Degree
20.04%
Graduate Degree
15.01%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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