3255 N Mars AVE Pending Save Request In-Person Tour Request Virtual Tour
Palmer,AK 99645
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,527 sqft
Price per Sqft $148
MLS Listing ID 23-1965
Bedrooms 3
Full Baths 3
Year Built 1977
Annual Tax Amount $1,300
Lot Size 2.270 Acres
Property Sub-Type Triplex
Property Description
Charming, recently updated 3-unit building on Lazy Mountain with 10% cap rate, appraised at $395,000! 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. Buyer financing fell through two days before closing - take advantage of this rental income opportunity before someone else does! Live in one and rent the others, live with multi-generations or extended family, and enjoy the views, outdoor access, and rural character of one of the Valley's most desirable areas: Lazy Mountain.
- Brand new septic in 2023!!
- $50,000 of repairs and improvements made in 2023/24 (septic, driveway, health/safety items, lower unit flooring)!!
- Loft Airbnb income $14,000 in 2022
- Current rents: $1349 lower, $1299 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 but Palmer/Wasilla/Houston
Interior
Heating Kerosene,Natural Gas,Oil
Exterior
Parking Features None
View Mountains
Building
Lot Description Level,Sloping
Sewer Septic Tank
New Construction No
Schools
Elementary Schools Butte
Middle Schools Palmer
High Schools Palmer
Others
Acceptable Financing AHFC,Cash,Conventional,FHA,VA Loan
Listing Terms AHFC,Cash,Conventional,FHA,VA Loan
Virtual Tour https://www.hommati.com/3DTour-AerialVideo/unbranded/3255-Mars-Ave-Palmer-AK--HPI18962133