609 S Cobb Street, Palmer, AK 99645 (MLS# 24-12350)

609 S Cobb Street, Palmer, AK 99645

$725,000
Property Type: Multi-Family Bedrooms: 12 Baths: 6 Square Footage: 6,096 Lot Size (sq. ft.): 9,583 Status: Closed
Current Price: $725,000 Last Modified: 3/28/2025

Overview

Description

Clean inspection! 6-plex located in an excellent location in downtown Palmer! Each unit is well-kept and has a great 2 BR 1 BA layout. Surrounded by office buildings and across the street from the Palmer Post Office. Great opportunity for short term rental units or conversion to office. All units are MTM and currently leased under market rents. Coin-op laundry for added income. Bring offers!

Listing Details MLS# 24-12350

Contract Info

Price-List
725000
Date-Listing
2024-09-25
Foreclosure/Bank Own
No

Sold Info

Date-Pending
2025-02-27
Date-Closing
2025-03-28

Location Tax and Legal

Area
PA - Palmer
Street #
609
Directional
S
Street Name
Cobb
Arterial
Street
Closest USPS Town
Palmer
State
AK
Zip Code
99645

Property Info

Realtor.com Type
Multi-Family
Construction Status
Existing Structure
Beds
12
Bathrooms Full
6
Bathrooms Total
6
Bldgs-Ttl #
Yes
Year Built
1976
SF-Res
6096
Number of Units
6
SF-Lot
9583
Acres
0.22
Prkg Spcs
12
Lot Area Source
Tax Authority
Zoning
CG - General Commercial (re: City Palmer)
Bathrooms Half
0
Bathrooms Three Quarter
0
Garage Spaces
0
Carport Spaces
0

Directions and Remarks

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

Building Info

Units- # of 2 BR
6
Vacancy Rate
0

More Information

Unit #1

Bath - Full
Yes
Bedroom
2
Dining Room
Yes
Family Room
Yes
Kitchen
Yes

Unit #2

Bath - Full
Yes
Bedroom
2
Dining Room
Yes
Family Room
Yes
Kitchen
Yes

Unit #3

Bath - Full
Yes
Bedroom
2
Dining Room
Yes
Family Room
Yes
Kitchen
Yes

Unit #4

Bath - Full
Yes
Bedroom
2
Dining Room
Yes
Family Room
Yes
Kitchen
Yes

Unit #5

Bath - Full
Yes
Bedroom
2
Dining Room
Yes
Family Room
Yes
Kitchen
Yes

Unit #6

Bath - Full
Yes
Bedroom
2
Dining Room
Yes
Family Room
Yes
Kitchen
Yes

Location, Tax and Legal

Region
1 - Southcentral Alaska Region
Borough/Census Area
1D - Matanuska Susitna Borough
Grid # (Muni Anch)
N/A
Tax Map #-Mat-Su
PA05
Legal
ARRC #1 L11-12 B11
School-Elementary
BTV-Undiscl by LL
School-Middle
BTV-Undiscl by LL
School-High
BTV-Undiscl by LL

Multi-Family Type

Apartment Style
Yes

Listing Terms Financing

Cash
Yes
Conventional
Yes
Owner Finance
Yes
Other
Yes

Exterior Finish

Unknown - BTV
Yes

Heating

Natural Gas
Yes

Topography

Level
Yes

Roof Type

Rubber
Yes

Construction Type

Wood Frame - 2x6
Yes

Foundation Type

Poured Concrete
Yes
Unknown - BTV
Yes

Wtrfrnt-Access Near

None
Yes

Garage Type

None
Yes

Wtrfrnt-Frontage

None
Yes

Carport Type

None
Yes

Flooring

Carpet
Yes

Sewer-Type

Public Sewer
Yes

Water Source

Public
Yes

Features-MultiFamily

CO Detector(s)
Yes
In City Limits
Yes
Laundry Facility
Yes
Smoke Detector(s)
Yes

Docs Avl for Review

Docs Posted on MLS
Yes
Home Inspection
Yes

Property Features

Multi-Family Type: Apartment Style Exterior Finish: Unknown - BTV Roof Type: Rubber Foundation Type: Poured Concrete; Unknown - BTV Construction Type: Wood Frame - 2x6 Garage Type: None Carport Type: None Heating: Natural Gas Sewer-Type: Public Sewer Water Source: Public Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Features-MultiFamily: CO Detector(s); In City Limits; Laundry Facility; Smoke Detector(s) Flooring: Carpet Docs Avl for Review: Docs Posted on MLS; Home Inspection Listing Terms Financing: Cash; Conventional; Owner Finance; Other
Listing Office: Elevate Commercial
IDX
Last Updated: March - 28 - 2025
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.

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