$1,599,000

609 S Cobb Street, Palmer, AK 99645

  • MLS#: 26-7673
  • Status: Active
  • Days on Market: 90

  • Beds: 0
  • Baths: 0
  • 6,096 sq.ft.
  • Year Built: N/A
  • 0.22 acres
  • Garage/Carport: 0 / 0

Property Details

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!

Property Features

Corner Lot, In City Limits, On-Site Parking

More Details

  • Property Type:
  • Lot Size:
  • Heat Type:
  • Sewer:
  • Construction Status:
  • Neighborhood:
  • Foreclosure:
  • Zoning:
  • GPS (Lat/Long):
  • Commercial  
  • 9,583 sq.ft.  
  • Electric 
  • Public Sewer 
  • Existing Structure 
  • 1D - Matanuska Susitna Borough 
  • No 
  • CG - General Commercial (re: City Palmer) 
  • 61.6013, -149.118 

Listing Office

Keller Williams Realty Alaska Group of Wasilla

Location

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