3255 Mars AVE Active Save Request In-Person Tour Request Virtual Tour
Palmer,AK 99645
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,527 sqft
Price per Sqft $148
MLS Listing ID 23-1965
Bedrooms 3
Full Baths 3
Construction Status Existing Structure
Originating Board Alaska Multiple Listing Service
Year Built 1977
Annual Tax Amount $1,300
Lot Size 2.270 Acres
Acres 2.0
Property Description
Charming, recently updated 3-unit building on Lazy Mountain with 10% cap rate! A head-to-toe remodel of this older home created these three lovely units, used successfully for both long-term rental and Airbnb. Two large studios and one 1BR, all spacious, comfy, and cute! Very private 2.27 acres, with Lazy Mountain views! Low expenses. Income, investment, or live in one and rent the rest! - Brand new septic in 2023!!
- $40,000 of repairs and improvements made in 2023!!
- Loft Airbnb income $14,000 in 2022
- Current rents: $1299 lower, $1199 middle, $949 upper
Neighboring 2 acre lot also available, at 3205 N Mars Av, MLS #23-14086.
Come take a look at this amazing opportunity on lovely Lazy Mountain - contact a real estate licensee to set up a showing today!
Location
State AK
Area Pa - Palmer
Zoning UNZ - Not Zoned-all MSB
Direction Take the Old Glenn Highway across the river from Palmer, turn left on Clark-Wolverine road in approx. 1 mile, then right on Mars Avenue in approx. 1/2 mile.
Exterior
Garage None
View Mountains
Topography Level,Sloping
Parking Type None
Building
Lot Description Level,Sloping
Lot Size Range 2.0
Sewer Septic Tank
New Construction No
Construction Status Existing Structure
Schools
Elementary Schools Butte
Middle Schools Palmer
High Schools Palmer
Others
Tax ID 3035B02L001
Acceptable Financing AHFC,Cash,Conventional,FHA,VA Loan
Listing Terms AHFC,Cash,Conventional,FHA,VA Loan