$725,000
609 S Cobb Street
Palmer, AK 99645
MLS# 24-12350
Status: Closed
12 beds  |  6 baths  |  6096 sqft


609 S Cobb St
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609 S Cobb St 02-Exterior Back JWK_IMG_0965 copy 03-Exterior Back JWK_IMG_0966 copy 04-Exterior Back JWK_IMG_0968 copy 05-Exterior Back JWK_IMG_0967 copy 06-Exterior Front JWK_IMG_0960 copy 07-Exterior Front JWK_IMG_0961 copy 08-Exterior Front JWK_IMG_0962 copy 09-Exterior Front JWK_IMG_0963 copy 10-Aerial Elevated JWK_DJI_0022 copy 11-Aerial Elevated JWK_DJI_0021 copy 12-Aerial Elevated JWK_DJI_0023 copy 13-Aerial Elevated JWK_DJI_0025 copy 14-Aerial Elevated JWK_DJI_0024 copy 15-Aerial BEV JWK_DJI_0026 copy 16-Aerial BEV JWK_DJI_0027 copy 17-Aerial BEV JWK_DJI_0028 copy 18-Aerial Back JWK_DJI_0017 copy 19-Aerial Back JWK_DJI_0018 copy 20-Aerial Back JWK_DJI_0020 copy 21-Aerial Front JWK_DJI_0015 copy 22-Aerial Front JWK_DJI_0014 copy 23-Aerial Back JWK_DJI_0019 copy 24-Aerial Front JWK_DJI_0012 copy 25-Aerial Front JWK_DJI_0013 copy

Property 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!

Details
Maps
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 725000
Date-Listing: 2024-09-25
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: ARRC #1 L11-12 B11
School-Elementary: BTV-Undiscl by LL
School-Middle: BTV-Undiscl by LL
School-High: BTV-Undiscl by LL
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Bathrooms Full: 6
Bathrooms Total: 6
Bldgs-Ttl #: 1
Acres: 0.22
SF-Lot: 9583
Lot Area Source: Tax Authority
Zoning: CG - General Commercial (re: City Palmer)
Garage Spaces: 0
Carport Spaces: 0
Prkg Spcs: 12
Beds: 12
Year Built: 1976
SF-Res: 6096
Number of Units: 6
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.
Multi-Family Type
Apartment Style: 1
Building Info
Units- # of 2 BR: 6
Vacancy Rate: 0
Listing Terms Financing
Cash: 1
Conventional: 1
Owner Finance: 1
Other: 1
Exterior Finish
Unknown - BTV: 1
Heating
Natural Gas: 1
Topography
Level: 1
Roof Type
Rubber: 1
Construction Type
Wood Frame - 2x6: 1
Foundation Type
Poured Concrete: 1
Unknown - BTV: 1
Wtrfrnt-Access Near
None: 1
Garage Type
None: 1
Wtrfrnt-Frontage
None: 1
Carport Type
None: 1
Flooring
Carpet: 1
Sewer-Type
Public Sewer: 1
Water Source
Public: 1
Features-MultiFamily
CO Detector(s): 1
In City Limits: 1
Laundry Facility: 1
Smoke Detector(s): 1
Docs Avl for Review
Docs Posted on MLS: 1
Home Inspection: 1
Unit #1
Bath - Full: 1
Bedroom: 2
Dining Room: 1
Family Room: 1
Kitchen: 1
Unit #2
Bath - Full: 1
Bedroom: 2
Dining Room: 1
Family Room: 1
Kitchen: 1
Unit #3
Bath - Full: 1
Bedroom: 2
Dining Room: 1
Family Room: 1
Kitchen: 1
Unit #4
Bath - Full: 1
Bedroom: 2
Dining Room: 1
Family Room: 1
Kitchen: 1
Unit #5
Bath - Full: 1
Bedroom: 2
Dining Room: 1
Family Room: 1
Kitchen: 1
Unit #6
Bath - Full: 1
Bedroom: 2
Dining Room: 1
Family Room: 1
Kitchen: 1
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 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

IDX
Listing Office: Elevate Commercial

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.