609 S Cobb Street,Palmer, AK 99645
Palmer, AK 99645
Description
An exceptional multifamily investment opportunity in the heart of downtown Palmer! This extensively remodeled sixplex features six spacious 2-bedroom apartments generating $136,800 in annual gross rental income. Nearly every aspect of the property has been updated, offering investors an income-producing asset without the extensive renovations typically associated with older multifamily properties. Each unit features a beautifully updated kitchen, modern bathroom, new flooring, contemporary finishes and its own washer and dryer. Extensive improvements include new windows, doors, siding, lighting, heaters, on-demand water heaters and updated common areas. Conveniently located in downtown Palmer, near shopping, dining and everyday amenities, this property combines a desirable rental location with substantial recent capital improvements. Tenants pay their own electricity, helping reduce owner-paid operating expenses. An opportunity to acquire six extensively renovated rental units in one transaction. Rent roll and operating expenses available to qualified buyers. Schedule your private showing today!
Details
| MLS # | 26-7673 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 96 |
| Listing Provided By | Keller Williams Realty Alaska Group of Wasilla | Dustin Renner |
Features
| SQ Feet | 6,096 |
|---|---|
| Zoning | CG - General Commercial (re: Cit |
| Acreage | 0.22 |
Interior
| Heating | Electric |
|---|---|
| Heating Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Access Co Access | Maintained, Paved |
|---|
Taxes
| Tax Map Number | PA05 |
|---|---|
| Tax Legal Description | ARRC 1 L11-12 B11 |
Area Information
| State | AK |
|---|---|
| City | Palmer |
| Zip Code | 99645 |
| Area | 1D Matanuska Susitna Borough |
| Subarea | PA Palmer |
| Listing VS Median (in 99645) | |
Price: $1,599,000 low | high Med: $525,000 sqft: 6,096 low | high Med: 2,490 $ / sqft: $262 low | high Med: $211 On site: 96 low | high Med: 46 | |
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Learn More About This Property
| State | AK |
|---|---|
| City | Palmer |
| Zip Code | 99645 |
| Area | 1D Matanuska Susitna Borough |
| Subarea | PA Palmer |
| Listing VS Median (in 99645) | |
Price: $1,599,000 low | high Med: $525,000 sqft: 6,096 low | high Med: 2,490 $ / sqft: $262 low | high Med: $211 On site: 96 low | high Med: 46 | |
 | $1,598,000609 S Cobb StreetPalmer, AK 99645 |