12251 E Helen Drive Palmer, AK
$ 589,900
Property Attributes
  • MLS#189141
  • TypeMulti-Family
  • CityPalmer
  • AreaPA - Palmer
  • Neighborhood1D - Matanuska Susitna Borough
  • Zip99645
  • Style5+ Units
  • Price$ 589,900
  • Bedrooms15
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7669
  • Lot Size5 Acres
Listing Provided Courtesy Of:
Keller Williams Realty Alaska Group Of Wasilla
Property Description

Incredible opportunity to own this 8-plex in Palmer City Limits w/ public water on 5 acre lot. 2.2 of the 5 acres is almost fully ready to finish subdividing. Would make a great commercial or multi-family building lot. Great rental history, fully rented now. Approx. NOI of $53,156 per year. 8-plex and 2.2 acre lot appraised for $687,000 in 2018. Excellent deal, don't miss this one!

Elementary School Middle School High School
Sherrod/Swanson Elementary School Palmer Middle School Palmer High School
Price History
6/1/2018 Listed $605,000
6/22/2018 2% - $596,900
9/24/2019 2% - $589,900

General Features

Arterial Drive
Construction Status Existing Structure
Features-multifamily CO Detector(s), DSL-Cable Available, In City Limits, RV Parking, Smoke Detector(s)
Income-gross Annual 55656.00
Legal Description T17NR02ES05 C010
Listing Area PA - Palmer
Multi-family Type 5+ Units
Property Type D
Status Active
Year Built 1980
Zoning UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston

Interior Features

Borough/census Area 1D - Matanuska Susitna Borough
Fuel Type Natural Gas
Heating Baseboard
Living Area 7669.00
Total Bathrooms 8.00
Total Bedrooms 15
Total Number of Units 8.0

Exterior Features

Acres 5.00
Carport Type None
Construction Type Wood Frame
Exterior Wood
Foundation Poured Concrete
Garage Type None
Lot Size 217800.00
Parking Spaces 20.00
Roof Asphalt, Composition, Shingle
Sewer-type Septic Tank
Topography Level
Total Buildings 1
Water-type Public
Waterfront Access None
Waterfront Frontage None


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 99645

AVG $390K
AVG 204

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