1533 Lacey Street, Fairbanks, AK 99701
$8,750,000
Property Type:
Multi-Family
Bedrooms:
50
Baths:
44
Square Footage:
28,204
Lot Size (sq. ft.):
34,200
Status:
Active
Current Price:
$8,750,000
Last Modified:
3/10/2026
Description
Originally a 60-unit summer hotel, this property was rebuilt from the studs up and reconfigured into 44 modern units. Upgrades include new windows, 9 inches of exterior insulation, high-efficiency boilers, and radiant floor heat on all four levels. Heating costs average just $0.37 per sq ft annually $10,500/year. Elevator access makes all floors ADA compliant. Gross income $713,000 per year.
More Information MLS# 26-2211
Contract Info
Price-List: 8750000
Date-Listing: 2026-03-03
Status: Active
Foreclosure/Bank Own: No
Location Tax and Legal
Area: 710 - North Fairbanks
Street #: 1533
Street Name: Lacey
Arterial: Street
Closest USPS Town: Fairbanks
State: AK
Zip Code: 99701
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Beds: 50
Bathrooms Full: 44
Bathrooms Total: 44
Bldgs-Ttl #: 1
Year Built: 1974
SF-Res: 28204
Number of Units: 44
SF-Lot: 34200
Acres: 0.79
Prkg Spcs: 44
Lot Area Source: Tax Authority
Zoning: GU1 - General Use
Directions and Remarks
Directions: Airport to South Cushman, Left on16th Ave, turn left onto Lacey Street, Apartments on the Right.
Property Features
Multi-Family Type: Apartment Style; Multi Family
Foundation Type: Poured Concrete
Garage Type: None
Carport Type: None
Heating: Radiant Floor
Sewer-Type: Public Sewer
Water Source: Public
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Docs Avl for Review: Floor Plan
IGU Utility History ›Listing Office: Brasier Realty
Last Updated: March - 10 - 2026
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.
