Fix and Flip Oppurtunity - SFR Fairbanks AK 99709

Fairbanks North Star Borough, Fairbanks, AK, 99709 view full address
For Sale
Listed at: February 28th, 2025
Price
$159,997
ARV
$325,000
Gross Margin
$165,003
Sq. Footage
1360
Type
Single-Family
Parking
Driveway
Year build
1966
Lot size
0.18 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

This is a major rehab deal in a growing area of Fairbanks, AK. This 3 bed 2 bath single-family home spans 1,360 sqft and sits on a spacious 0.182-acre lot. Built in 1966, the home has great potential but needs the right investor to bring it back to life.

The good news? Some of the major updates are already taken care of. The vinyl windows were replaced 10-15 years ago, the furnace and hot water tank are between 5-10 years old, and both the electrical and plumbing are in good condition. Structurally, the home has solid bones, making this a great project for an experienced investor looking for a profitable flip.

So, what’s left to do? If you look past the debris left behind by the previous tenants, you’ll see a great investment opportunity. The home needs a new roof due to leaks, as well as interior cosmetic updates such as new paint, trim, doors, and flooring. The kitchen and bathrooms will need to be updated, as the last known improvements were made about 5-10 years ago. The siding may need some repairs as well.

With an ARV of $325,000, a growing market, and a straightforward scope of work, this deal is positioned to move fast. Investors who have been sharing their rehab budgets with us would likely estimate the work at $60,000 - $80,000.

This is a rare chance to secure a deal far below market value in an area with strong buyer demand. All debris inside the home will remain and must be discarded by the new owner.

 Contact Viktor Rybachuk at 206-488-0606 immediately to secure this opportunity!

**IF YOU WANT THIS DEAL, SUBMIT YOUR PRELIMINARY OFFER BY CLICKING THE BLUE BUTTON "Make An Offer". This notifies us you are serious and ready to move forward.** DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract is signed with the Seller giving our company exclusive rights to purchase the property. Our company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/ SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action against you. Our company makes no warranty or representation about the content of this post. It is your responsibility to independently confirm the accuracy and competencies. Any projections, opinions, or assumptions used are for example only and do not represent the current or future performance of this property.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Viktor Rybachuk

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