$1,897,000
Palmer, AK 99645
MLS# 24-10944
Status: Closed
24 beds | 12 baths | 4050 sqft
1 / 40
Property Description
Discover a unique investment with three meticulously maintained 4-plexes, each situated on 0.92 acres of prime real estate. Enjoy the benefits of separate concrete tank septic systems and a shared community well. Included in the sale is a 2-car garage/shop that can either be rented out at an additional charge to a tenant or utilized by an owner occupier.
Details
Maps
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 1897000
Date-Listing: 2024-08-22
Status: Closed
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: PA12
Legal: Wild Rose Estates L6-8
School-Elementary: Sherrod/Swanson
School-Middle: Palmer
School-High: Palmer
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Bathrooms Full: 12
Bathrooms Total: 12
Bldgs-Ttl #: 3
Acres: 2.76
SF-Lot: 120225.6
Lot Area Source: Tax Authority
Year Remodeled: 2024
Year Updated: 2024
Zoning: UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston
Garage Spaces: 3
Carport Spaces: 0
Prkg Spcs: 24
Beds: 24
Year Built: 1977
SF-Res: 4050
Number of Units: 12
Directions and Remarks
Directions: North on the Glenn Hwy. Left on Drift Lane (across from fair grounds). Property will be on your left.
Multi-Family Type
Four-Plex: 1
Up and Down: 1
Heating
Baseboard: 1
Natural Gas: 1
Topography
Level: 1
Foundation Type
Block: 1
View Type
Mountains: 1
Wtrfrnt-Access Near
None: 1
Wtrfrnt-Frontage
None: 1
Sewer-Type
Septic Tank: 1
Water Source
Private: 1
Shared Well: 1
Sold Info
Date-Pending: 2024-10-04
Date-Closing: 2025-01-06
Location Tax and Legal
Area: PA - Palmer
Street #: 12300
Directional: E
Street Name: Drift
Arterial: Lane
Closest USPS Town: Palmer
State: AK
Zip Code: 99645
Property Features
Multi-Family Type: Four-Plex; Up and Down
Foundation Type: Block
Heating: Baseboard; Natural Gas
Sewer-Type: Septic Tank
Water Source: Private; Shared Well
View Type: Mountains
Topography: Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Supplements
Located conveniently across from the Fair Grounds, this property offers both strategic value and prime location. About 50% of the furnaces are 2-5 years old, multiple units have been remodeled and updated. New exterior paint, pressure tanks and water softeners. All units are 2bed 1bath and metered separately for electric.
Great Opportunities like this are raredon't let this chance slip away!
Rental income + Expenses 
IDX
Listing Office: Alaska Realty & Investments
Last Updated: January - 06 - 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.