$675,000
5185 N Monte Carlo Lane
Palmer, AK 99645
MLS# 23-5361
Status: Closed
8 beds  |  8 baths  |  3752 sqft


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Property Description
Great opportunity to own an income property or live for free as an owner occupy. This multi unit is in a great location close to Palmer and an easy commute to Anchorage. Built in 2016 and in good repair. 3 units leased until end of the year and 4th is owner occupy at this time. Owner is willing to stay and rent for up to 3 months after closing or move immediately upon request of new owners.

Details
Maps
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 675000
Date-Listing: 2023-05-21
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: PA05
Legal: Belair Estates L17 B4
Taxes (Estimated): 5405
Tax Year: 2022
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: 8
Bathrooms Total: 8
Bldgs-Ttl #: 1
Acres: 0.92
SF-Lot: 40075.2
Lot Area Source: Tax Authority
Zoning: UNK - Unknown (re: all MSB)
Garage Spaces: 0
Carport Spaces: 0
Prkg Spcs: 8
Energy Rating: 5*
Beds: 8
Year Built: 2016
SF-Res: 3752
Number of Units: 4
Directions and Remarks
Directions: From Palmer, go left on Palmer Fishhook Rd. to Right on Werner Rd. Follow Werner to left on Monte Carlo Ln. 4-plex is on the right side of road. No sign posted
Multi-Family Type
Four-Plex: 1
Green Verification
Body: AHFC
Rating: 5 Star Plus
Source: Residential Energy Designs
Type: Bees AkWarm Rating
Version: v2.5.3.0 (Library 03/07/2016)
Year: 2015-12-31
Building Info
Units- # of 2 BR: 4
Listing Terms Financing
AHFC: 1
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Exterior Finish
Vinyl: 1
Heating
Natural Gas: 1
Radiant: 1
Radiant Floor: 1
Topography
Level: 1
Roof Type
Asphalt: 1
Construction Type
Wood Frame - 2x6: 1
Foundation Type
Poured Concrete: 1
Wtrfrnt-Access Near
None: 1
Garage Type
None: 1
Wtrfrnt-Frontage
None: 1
Carport Type
None: 1
Flooring
Carpet: 1
Linoleum: 1
Sewer-Type
Septic Tank: 1
Access Type
Gravel: 1
Maintained: 1
Mortgage Info
EM Minimum Deposit: 5000
Features-MultiFamily
Covenants: 1
CO Detector(s): 1
Laundry Facility: 1
Owner Occupied: 1
Smoke Detector(s): 1
Washer/Dryer: 1
Docs Avl for Review
As-Built: 1
Docs Posted on MLS: 1
Prop Discl Available: 1
PUR 101: 1
PUR 102: 1
Unit #1
Bath - Full: 2
Bedroom: 1
Kitchen: 1
Living Room: 1
Primary Bedroom: 1
Utility Room: 1
Parking Spaces: 2
Unit #2
Bath - Full: 2
Bedroom: 1
Kitchen: 1
Living Room: 1
Primary Bedroom: 1
Utility Room: 1
Parking Spaces: 2
Unit #3
Bath - Full: 2
Bedroom: 1
Kitchen: 1
Living Room: 1
Primary Bedroom: 1
Utility Room: 1
Parking Spaces: 2
Unit #4
Bath - Full: 2
Bedroom: 1
Kitchen: 1
Living Room: 1
Primary Bedroom: 1
Utility Room: 1
Parking Spaces: 2
Sold Info
Date-Pending: 2023-05-26
Date-Closing: 2023-07-10
Location Tax and Legal
Area: PA - Palmer
Street #: 5185
Directional: N
Street Name: Monte Carlo
Arterial: Lane
Closest USPS Town: Palmer
State: AK
Zip Code: 99645
Property Features
Multi-Family Type: Four-Plex
Exterior Finish: Vinyl
Roof Type: Asphalt
Foundation Type: Poured Concrete
Construction Type: Wood Frame - 2x6
Garage Type: None
Carport Type: None
Heating: Natural Gas; Radiant; Radiant Floor
Sewer-Type: Septic Tank
Access Type: Gravel; Maintained
Topography: Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: Covenants; CO Detector(s); Laundry Facility; Owner Occupied; Smoke Detector(s); Washer/Dryer
Flooring: Carpet; Linoleum
Docs Avl for Review: As-Built; Docs Posted on MLS; Prop Discl Available; PUR 101; PUR 102
Listing Terms Financing: AHFC; Cash; Conventional; FHA; VA Loan
Supplements
Unit 1- $1250 Unit 2 -Owner occupy. Potentially rent for $1500 to $1600 Unit 3- $1300 Unit 5- $1500 All rents could be raised upon lease renewal. All units are identical and have the same features, so could all potentially rent for the higher amount. Tenants pay for their gas and electric, landlord pays for plowing and garbage. Each unit has an in-suite laundry room which is very convenient. *New high efficiency boilers installed in each unit with-in the last year.

IDX
Listing Office: Keller Williams Realty Alaska Group of Wasilla

Last Updated: September - 30 - 2024

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.