609 S Cobb Street, Palmer, AK 99645 (MLS # 26-7822)

Price $1,599,000
Status Active
Beds 12
Baths 6 Baths
Home size 6,096 sqft
Lot Size 9,584 sqft
Days on Market 13
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 minimizing future maintenance costs. Ideally situated near shopping, restaurants, parks, schools, and major employers, this property enjoys strong rental demand and excellent long-term appreciation potential.Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this income-producing property offers immediate cash flow with updated interiors and a location that continues to attract quality tenants.
Property Type(s): Multi Family
Last Updated 6/27/2026 Year Built 1976
Community 1D - Matanuska Susitna Borough County Matanuska-Susitna Borough

SCHOOLS

Elementary SchoolBTV-Undiscl by LL
Jr. High SchoolBTV-Undiscl by LL
High SchoolBTV-Undiscl by LL

Additional Details

AREA1D - Matanuska Susitna Borough
HEATElectric
LOT9583 sq ft
LOT DIMENSIONS9583.0
SEWERPublic Sewer
WATERPublic
Listing Office: Keller Williams Realty Alaska Group of Wasilla
Alaska MLS

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