609 S Cobb Street
Palmer, AK 99645
12
Bed
6
Bath
6,096Sqft
9,583Sqft(Lot)
Exceptional Downtown Palmer Investment Opportunity! Rarely does a property of this caliber become available in the heart of Palmer. This fully remodeled six-plex offers investors a true turnkey asset with all units currently occupied, providing immediate and reliable income from day one. Ideally situated within walking distance of downtown Palmer's shops, restaurants, parks, and local amenities Don't miss this opportunity to own a fully remodeled six-unit apartment building in a prime downtown location. Every spacious 2-bedroom, 1-bathroom unit has been thoughtfully updated with modern finishes and includes the convenience of an in-unit washer and dryer, making this property highly desirable to today's tenants. The extensive renovation provides investors with a truly turnkey asset while m
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 12Bathroom Information
Total Baths: 6 Full Baths: 6 -
Heating & Cooling
Has Heating: Yes Heating: Electric
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Building Information
Year Built: 1976 Building Area Total: 6096 Private Pool: No
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Lot Information
Main Square Feet: 9583 Square Feet Lot Size Acres: 0.22 Lot Size Square Feet: 9583
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Listing Price Information
Listing Price: $1599000 Cash, Conventional, 1031 Exchange, VA Loan
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Tax Information
Parcel Number: 5001B11L012 Tax Legal Desc: ARRC 1 L11-12 B11
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School Information
Elementary School: BTV-Undiscl by LLJunior High School: BTV-Undiscl by LLSenior High School: BTV-Undiscl by LL -
Location Information
Direction: Coming north into Palmer on the Glenn Highway, turn R at the light on Dogwood, then the subject property is situated in the next intersection. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 10114 E Vista Ridge Cir.., Palmer, AK, 99645 | $662,200 | 4 | 3 | -- | |
| L31 B2 N Cozy Nook Circle, Palmer, AK, 99645 | $540,000 | 4 | 3 | -- | |
| L18 B1 N Endless Circle, Palmer, AK, 99645 | $427,000 | 3 | 2 | -- | |
| L25 B1 E Heartland Loop, Palmer, AK, 99645 | $462,100 | 3 | 2 | -- | |
| 17935 E Woods Drive, Palmer, AK, 99645 | $99,000 | 1 | -- | -- | |
| 10362 N Hatcher Flight .., Palmer, AK, 99645 | $839,000 | 3 | 2 | -- | |
| 11701 E Norman Avenue, Palmer, AK, 99645 | $250,000 | 3 | 2 | -- | |
| 4501 N Slumber Drive, Palmer, AK, 99645 | $820,000 | 4 | 3 | -- | |
| 15701 E Clark Road, Palmer, AK, 99645 | $395,000 | -- | -- | -- | |
| 4280 N Wolverine Road, Palmer, AK, 99645 | $965,000 | 5 | 3 | -- |
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ByOwner last updated this listing 07/22/2026 @ 06:17
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