3255 N Mars Avenue, Palmer, AK 99645

Local realty services provided by:Better Homes and Gardens Real Estate Dream Makers
3255 N Mars Avenue,Palmer, AK 99645
$375,000
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  • 3 Beds
  • 3 Baths
  • 2,527 sq. ft.
  • Multi-family
  • Pending
Listed by:sean williams
Office:exp realty, llc.
MLS#:23-1965
Source:AK_AMLS

Price summary

  • Price:$375,000
  • Price per sq. ft.:$148.4

About this home

Charming, recently updated 3-unit building on Lazy Mountain with 10% cap rate, appraised at $395,000! A head-to-toe remodel of this older home created these three lovely units, used successfully for both long-term rental and Airbnb. Two large studios and one 1BR, all spacious, comfy, and cute! Very private 2.27 acres, with Lazy Mountain views.Buyer financing fell through two days before closing - take advantage of this rental income opportunity before someone else does! Live in one and rent the others, live with multi-generations or extended family, and enjoy the views, outdoor access, and rural character of one of the Valley's most desirable areas: Lazy Mountain. - Brand new septic in 2023!! - $50,000 of repairs and improvements made in 2023/24 (septic, driveway, health/safety items, lower unit flooring)!! - Loft Airbnb income $14,000 in 2022 - Current rents: $1349 lower, $1299 middle, $949 upper Neighboring 2 acre lot also available, at 3205 N Mars Av, MLS #23-14086. Come take a

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Home facts

  • Year built:1977
  • Listing ID #:23-1965
  • Added:894 day(s) ago
  • Updated:September 29, 2025 at 08:51 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:2,527 sq. ft.

Structure and exterior

  • Year built:1977
  • Building area:2,527 sq. ft.
  • Lot area:2.27 Acres

Schools

  • High school:Palmer
  • Middle school:Palmer
  • Elementary school:Butte

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$375,000
  • Price per sq. ft.:$148.4
  • Tax amount:$1,300
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