253 Romans Way
Fairbanks, AK 99701
10
Bed
10
Bath
7,000Sqft
21,065Sqft(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 10Bathroom Information
Total Baths: 10 Full Baths: 10
-
Building Information
Year Built: 1959 Building Area Total: 7000 Private Pool: No
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Lot Information
Main Square Feet: 21065 Square Feet Lot Size Acres: 0.48 Lot Size Square Feet: 21065
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Listing Price Information
Listing Price: $475000 Conventional
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Tax Information
Parcel Number: 0137685 Tax Legal Desc: Leasure L3 B5
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School Information
Elementary School: HunterJunior High School: RyanSenior High School: Lathrop -
Location Information
Direction: Take Cushman/Old Richardson Hwy Exit, continue on 30th Ave, Left on Leasure St., Right on Romans Way Security Features: Fire Sprinkler System
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 17370 Chena Hot Springs.., Fairbanks, AK, 99701 | $195,000 | 2 | -- | -- | |
| 1533 Lacey Street, Fairbanks, AK, 99701 | $8,750,000 | 50 | 44 | 28,204 | 28,204 SqFt |
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ByOwner last updated this listing 06/26/2026 @ 05:59
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