609 S Cobb Street, Palmer, AK 99645
Local realty services provided by:Better Homes and Gardens Real Estate Dream Makers
609 S Cobb Street,Palmer, AK 99645
$1,598,000
- 12 Beds
- 6 Baths
- 6,096 sq. ft.
- Multi-family
- Active
Listed by: dustin renner, marina bochkovsky
Office: keller williams realty alaska group of wasilla
MLS#:26-7822
Source:AK_AMLS
Price summary
- Price:$1,598,000
- Price per sq. ft.:$262.14
About this home
TURNKEY DOWNTOWN PALMER SIX-PLEX | FULLY OCCUPIED | $136,800 ANNUAL GROSS INCOME! Exceptional opportunity to acquire a completely remodeled, income-producing multifamily property in the heart of Palmer. All six spacious 2-bedroom, 1-bath units are currently occupied, generating $11,400/month in gross rental income. Extensively renovated throughout with updated kitchens, bathrooms, flooring, doors, windows, trim, lighting, hardware, heaters, exterior improvements and more. Each unit features its own in-unit washer and dryer, a highly desirable amenity for today's rental marketIdeally located within walking distance of downtown Palmer's restaurants, shopping, parks and amenities. Low owner-paid expenses, strong rental history and extensive renovations make this an attractive opportunity for investors looking for immediate income with reduced near-term capital improvement needs.
Fully occupied and income-producing from day one. Excellent opportunity for a multifamily investor or 1031 exchange buyer. Rent roll and additional financial information available....
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Home facts
- Year built:1976
- Listing ID #:26-7822
- Added:137 day(s) ago
- Updated:November 12, 2026 at 05:00 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:6
- Full bathrooms:6
- Living area:6,096 sq. ft.
Structure and exterior
- Year built:1976
- Building area:6,096 sq. ft.
- Lot area:0.22 Acres
- Foundation Description:Concrete Perimeter
Schools
- High school:BTV-Undiscl by LL
- Middle school:BTV-Undiscl by LL
- Elementary school:BTV-Undiscl by LL
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,598,000
- Price per sq. ft.:$262.14
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