Nestled on 5 acres of unspoiled land, the Fairbank Cabin House is a true gem that offers the perfect mix of tranquility and potential rental income. This charming log cabin, accompanied by a rental dry cabin duplex, presents an incredible opportunity for those seeking a peaceful retreat or an investment property. With the added advantage of owner financing and a $10,000 credit towards well repair, this property is a must-see for prospective buyers.
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The Fairbank Cabin House showcases the timeless appeal of a rustic log cabin, adding character to the picturesque landscape. Surrounded by pristine wilderness, this property promises an escape from the hustle and bustle of city life. Imagine waking up to the sound of birds chirping and the scent of fresh pine in the air as you sip your morning coffee on the porch – an experience that can become your daily reality.
Moreover, the expansive 5-acre lot ensures ample space for outdoor activities and exploration. Whether you wish to create a serene garden oasis, set up a playground for children, or indulge in hobbies like hiking or birdwatching, this property has the potential to fulfill all your dreams. The possibilities are truly endless.
One of the most enticing features of this property is the rental dry cabin duplex. The lower level is already rented out for $450, providing an immediate source of income for the owner. As for the upper level, it remains vacant, allowing the new owner to choose their preferred tenant or utilize the space for personal use. Spanning approximately 800 square feet, the dry cabin duplex is an excellent opportunity to generate passive income or accommodate extended family and friends.
For those interested in purchasing the Fairbank Cabin House, the seller is offering owner financing with favorable terms, making this property accessible to a wider range of buyers. Additionally, the seller acknowledges the need for well repair and is willing to either fix the well or provide a $10,000 credit towards its repair. This gesture demonstrates the seller’s commitment to ensuring the property is in optimal condition for the new owner.
While the home is being sold “AS-IS” awaiting well repair, it is already fully plumbed with a heating system and bathroom, offering a solid foundation for your future plans. With the well repair completed, this cozy log cabin will be ready to become your personal haven.
Furthermore, the dry cabin duplex is equipped with a water line, simplifying the process of renting out the upper level or maintaining it as a separate living space. The convenience of having water readily available adds to the property’s appeal and opens up a myriad of possibilities for its future use.
If you have been yearning for a serene retreat or an investment opportunity enveloped in nature’s beauty, the Fairbank Cabin House is the perfect choice. With its log cabin charm, 5-acre pristine land, rental duplex, owner financing option, and well-repair credit, this property is an absolute steal. Don’t miss out on this chance to own a slice of heaven and embark on a new chapter of your life. Contact the seller today to schedule a viewing and make your dreams a reality.
1129 ESRO ROAD, Fairbanks, AK 99712