Residential Land with Home for Sale in Palmer, Alaska
3255 Mars Ave Palmer, AK 99645
Charming, recently updated triplex 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!. Income, investment, or live in one and rent the rest! Brand-new septic in October. - Brand new septic tank and leachfield 2023!!
- $40,000 in 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! 24 hours notice for tenant-occupied units.
Directions
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.
Property details
- Borough
- Matanuska-Susitna Borough
- Community
- PA - Palmer
- Elevation
- 512 feet
- MLS Number
- AMLS 23-1964
- Date Posted
Legal description
Ranchettes L2 B2
Parcels
- 3035B02L001
Resources
Detailed attributes
Listing
- Type
- Residential
Lot
- Views
- Mountain
- Features
- Lawn
Interior
- Rooms
- Bedroom x 3, Full Bath, Three-Quarter Bath x 2
- Floors
- Laminate
- Appliances
- Dryer, Oven, Refrigerator
- Features
- In-Law Suite
Nearby schools
Name | Level | District | Description |
---|---|---|---|
Butte | Elementary | — | — |
Palmer | Middle | — | — |
Palmer | High | — | — |
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Oct 8, 2023 | Price decrease | $375,000 | $44,000 -10.5% | AMLS |
Sept 23, 2023 | Price decrease | $419,000 | $8,000 -1.9% | AMLS |
Aug 11, 2023 | New listing | $427,000 | — | AMLS |