12300 E Drift Lane, Palmer, AK 99645 (MLS# 24-10944)

12300 E Drift Lane, Palmer, AK 99645

$1,897,000
Property Type: Multi-Family Bedrooms: 24 Baths: 12 Square Footage: 4,050 Lot Size (sq. ft.): 120,226 Status: Closed
Current Price: $1,897,000 Last Modified: 1/06/2025

Overview

Description

Discover a unique investment with three meticulously maintained 4-plexes, each situated on 0.92 acres of prime real estate. Enjoy the benefits of separate concrete tank septic systems and a shared community well. Included in the sale is a 2-car garage/shop that can either be rented out at an additional charge to a tenant or utilized by an owner occupier.

Supplements: Located conveniently across from the Fair Grounds, this property offers both strategic value and prime location. About 50% of the furnaces are 2-5 years old, multiple units have been remodeled and updated. New exterior paint, pressure tanks and water softeners. All units are 2bed 1bath and metered separately for electric.Great Opportunities like ...

Listing Details MLS# 24-10944

Contract Info

Price-List
1897000
Date-Listing
2024-08-22
Foreclosure/Bank Own
No

Sold Info

Date-Pending
2024-10-04
Date-Closing
2025-01-06

Location Tax and Legal

Area
PA - Palmer
Street #
12300
Directional
E
Street Name
Drift
Arterial
Lane
Closest USPS Town
Palmer
State
AK
Zip Code
99645

Property Info

Realtor.com Type
Multi-Family
Construction Status
Existing Structure
Beds
24
Bathrooms Full
12
Bathrooms Total
12
Bldgs-Ttl #
3
Year Built
1977
Year Remodeled
2024
Year Updated
2024
SF-Res
4050
Number of Units
12
SF-Lot
120225.6
Acres
2.76
Garage Spaces
3
Prkg Spcs
24
Lot Area Source
Tax Authority
Zoning
UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston
Bathrooms Half
0
Bathrooms Three Quarter
0
Carport Spaces
0

Directions and Remarks

Directions
North on the Glenn Hwy. Left on Drift Lane (across from fair grounds). Property will be on your left.

Location, Tax and Legal

Region
1 - Southcentral Alaska Region
Borough/Census Area
1D - Matanuska Susitna Borough
Grid # (Muni Anch)
N/A
Tax Map #-Mat-Su
PA12
Legal
Wild Rose Estates L6-8
School-Elementary
Sherrod/Swanson
School-Middle
Palmer
School-High
Palmer

More Information

Multi-Family Type

Quadruplex
Yes
Up and Down
Yes

Heating

Baseboard
Yes
Natural Gas
Yes

Topography

Level
Yes

Foundation Type

Block
Yes

View Type

Mountains
Yes

Wtrfrnt-Access Near

None
Yes

Wtrfrnt-Frontage

None
Yes

Sewer-Type

Septic Tank
Yes

Water Source

Private
Yes
Shared Well
Yes

Property Features

Multi-Family Type: Quadruplex; Up and Down Foundation Type: Block Heating: Baseboard; Natural Gas Sewer-Type: Septic Tank Water Source: Private; Shared Well View Type: Mountains Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None
IDX
Listing Office: Alaska Realty & Investments
Last Updated: January - 06 - 2025
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.

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