609 S Cobb ST, Palmer, AK 99645
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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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609 S Cobb ST Palmer, AK 99645

6,096 SqFt


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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,096 sqft

Price per Sqft $262

MLS Listing ID 26-7673

Construction Status Existing Structure

Lot Size 9,583 Sqft

Acres 0.22

Source Alaska Multiple Listing Service

Property 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!

Location

State AK

Area Pa - Palmer

Zoning CG - General Commercial (re: City Palmer)

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

Water Access Desc Public

Accessibility , Paved, Maintained

Building

Lot Size Range 0.22

Sewer Public Sewer

Water Public

New Construction No

Construction Status Existing Structure

Others

Tax ID 5001B11L012

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

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

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Alaska MLS
Listed by Keller Williams Realty Alaska Group of Wasilla

Nearby Locations

David Johnson

David Johnson

Broker Associate License ID: 15839

+1(907) 863-7289

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609 S Cobb ST