Six-Suite Short-Term Rental
301 ERCEG STREET Fairbanks, AK 99701
301 ERCEG STREET, Fairbanks, AK, 99701
$680,000
For Sale
$680,000
MULTI_FAMILY - Fairbanks, AK
Property Size3,400 SF
Lot Size0.17 Acres
Price / SF$200
Days on Market17
Property Features for 301 ERCEG STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- Two-Family Residential Di
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bedroom 1, Bedroom 6, Bedroom 4, Bedroom 5, Bathroom 4, Bedroom 2, Bathroom 1, Family Room, Bathroom 5, Bedroom 3, Bathroom 3, Bathroom 2, Bathroom 6
- Parking
- 8
- Window features
- Triple Pane Windows, Vinyl Frames
- Patio and Porch features
- Patio
- Interior features
- Jetted Tub, Hot Tub, Tile Floor, Smoke Detectors, HRV, Cat 5
- Exterior features
- Fence, Shed, Cable TV, Lawn, Garden Area, Internet Available, Covered Deck/Patio, Telephone Service
- Fencing
- Fenced
- Fireplace
- 1
- Appliances
- Range/Oven, Dishwasher, Garbage Disposal, Microwave, Refrigerator, Washer, Dryer, Ceiling Fan, Blinds, Curtain Rods, Drapes, Beverage Refrigerator
- Standard status
- Active
- APN
- 0567132
- Size
- 3,400 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8106
Utilities
- Heating system
- Fireplace(s), Radiant, Radiant Floor
- Water source
- Public
Building Details
- Year built
- 2006
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- 2x6
- Roof type
- Shingle
- Architectural style
- Other
Listing agency
NEXTHOME ARCTIC SUN
(907) 456-4653
Listed by
Kirk Maynard · License #RECB16250,PersonLicenseNumber
(907) 388-3560
Added: Jul 6 Updated: Jul 22 at 7:43PM Checked: Jul 22 at 10:06PM
MLS# 160622
Copyright © 2026 Greater Fairbanks Board-Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The Adamina is a six-suite short-term rental property in Fairbanks that opened July 4, 2021. Historically, five suites have operated as short-term rentals while the seller occupied the sixth suite as owner housing. A future owner may continue that arrangement, use the sixth suite for cleaner or manager housing, or convert it into an additional revenue-producing unit. Renovations and suite refresh projects have been completed on several units in recent years, and there are additional opportunities for future updates if desired. The property also features a winter-focused guest sauna program and has maintained consistently strong guest reviews across multiple booking platforms. Documented payout revenue is approximately $631,482 in less than five years of operation, with consistent occupancy and recent years showing annual revenue exceeding $110,000 while only five of the six suites were utilized as short-term rentals. Existing reservations are secured into 2027.
The offering is for $680,000 unfurnished, and furniture, furnishings, operational equipment, future reservations, and transition assistance may be available through separate negotiation or included in the purchase if acceptable to buyer, seller, and lender. Zoning is Two-Family Residential Di. A 3.2% assumable VA loan is available, and a 2025 P&L statement is on file.
The offering is for $680,000 unfurnished, and furniture, furnishings, operational equipment, future reservations, and transition assistance may be available through separate negotiation or included in the purchase if acceptable to buyer, seller, and lender. Zoning is Two-Family Residential Di. A 3.2% assumable VA loan is available, and a 2025 P&L statement is on file.
Key Highlights
- Six‑suite short‑term rental property just off the downtown Fairbanks area, built in 2006
- Opened July 4, 2021; documented payout revenue of approx. $631,482 in less than 5 years
- Strong operating history with consistent annual revenue exceeding $110,000 in recent years
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Adamina
Hotel & Motel
Similar For Sale Nearby
FAQs
What type of property is this?
Short term rental property - Six suites near downtown Fairbanks with a history of operating five units as short-term rentals and existing reservations.
Where is this short term rental property located?
The property is located at 301 ERCEG STREET Fairbanks, AK.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Six‑suite short‑term rental property just off the downtown Fairbanks area, built in 2006; Opened July 4, 2021; documented payout revenue of approx. $631,482 in less than 5 years; Strong operating history with consistent annual revenue exceeding $110,000 in recent years
