609 S Cobb ST, Palmer, AK 99645
609 S Cobb ST, Palmer, AK 99645
609 S Cobb ST, Palmer, AK 99645
609 S Cobb ST, Palmer, AK 99645
609 S Cobb ST, Palmer, AK 99645
609 S Cobb ST, Palmer, AK 99645
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$ 1,599,000
Est. payment | /mo

12 Beds

6 Baths

6,096 SqFt


Save
$ 1,599,000
Est. payment | /mo
Save

12 Beds

6 Baths

6,096 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,096 sqft

Price per Sqft $262

MLS Listing ID 26-7822

Bedrooms 12

Full Baths 6

Construction Status Existing Structure

Year Built 1976

Lot Size 9,583 Sqft

Acres 0.22

Source Alaska Multiple Listing Service

Property Description

Exceptional Downtown Palmer Investment Opportunity! Rarely does a property of this caliber become available in the heart of Palmer. This fully remodeled six-plex offers investors a true turnkey asset with all units currently occupied, providing immediate and reliable income from day one. Ideally situated within walking distance of downtown Palmer's shops, restaurants, parks, and local amenities Don't miss this opportunity to own a fully remodeled six-unit apartment building in a prime downtown location. Every spacious 2-bedroom, 1-bathroom unit has been thoughtfully updated with modern finishes and includes the convenience of an in-unit washer and dryer, making this property highly desirable to today's tenants.

The extensive renovation provides investors with a truly turnkey asset while minimizing future maintenance costs. Ideally situated near shopping, restaurants, parks, schools, and major employers, this property enjoys strong rental demand and excellent long-term appreciation potential.

Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this income-producing property offers immediate cash flow with updated interiors and a location that continues to attract quality tenants.

Location

State AK

Area Pa - Palmer

Zoning UNK - Unknown (re: all MSB)

Direction Coming north into Palmer on the Glenn Highway, turn R at the light on Dogwood, then the subject property is situated in the next intersection.

Interior

Heating Electric

Exterior

Waterfront Description None

Water Access Desc Public

Building

Foundation Poured Concrete

Lot Size Range 0.22

Sewer Public Sewer

Water Public

New Construction No

Construction Status Existing Structure

Schools

Elementary Schools Btv-Undiscl By Ll

Middle Schools Btv-Undiscl By Ll

High Schools Btv-Undiscl By Ll

Others

Tax ID 001B11L012

Acceptable Financing Cash, Conventional, 1031 Exchange, VA Loan, Other

Listing Terms Cash, Conventional, 1031 Exchange, VA Loan, Other

Alaska MLS
Listed by Keller Williams Realty Alaska Group of Wasilla
Jesse Tanner

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(907) 232-8607

info@tannergrouppre.com

951 E Bogard Rd Ste 103, Wasilla, Alaska, 99654, USA

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609 S Cobb ST