5185 N Monte Carlo Lane, Palmer, AK 99645 (MLS# 23-5361)
$675,000
Palmer, AK 99645
MLS# 23-5361
Status: Closed
8 beds | 8 baths | 3752 sqft
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Property Description
Great opportunity to own an income property or live for free as an owner occupy. This multi unit is in a great location close to Palmer and an easy commute to Anchorage. Built in 2016 and in good repair. 3 units leased until end of the year and 4th is owner occupy at this time. Owner is willing to stay and rent for up to 3 months after closing or move immediately upon request of new owners.
Details
Maps
Documents
Contract Info
Price-List: 675000
Date-Listing: 2023-05-21
Status: Closed
Foreclosure/Bank Own: No
Sold Info
Date-Pending: 2023-05-26
Date-Closing: 2023-07-10
Location Tax and Legal
Area: PA - Palmer
Street #: 5185
Directional: N
Street Name: Monte Carlo
Arterial: Lane
Closest USPS Town: Palmer
State: AK
Zip Code: 99645
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Beds: 8
Bathrooms Full: 8
Bathrooms Total: 8
Bldgs-Ttl #: 1
Year Built: 2016
SF-Res: 3752
Number of Units: 4
SF-Lot: 40075.2
Acres: 0.92
Prkg Spcs: 8
Lot Area Source: Tax Authority
Energy Rating: 5*
Zoning: UNK - Unknown (re: all MSB)
Directions and Remarks
Directions: From Palmer, go left on Palmer Fishhook Rd. to Right on Werner Rd. Follow Werner to left on Monte Carlo Ln. 4-plex is on the right side of road. No sign posted
Green Verification
Body: AHFC
Rating: 5 Star Plus
Source: Residential Energy Designs
Type: Bees AkWarm Rating
Version: v2.5.3.0 (Library 03/07/2016)
Year: 2015-12-31
Building Info
Units- # of 2 BR: 4
Mortgage Info
EM Minimum Deposit: 5000
Unit #1
Bath - Full: 2
Bedroom: 1
Kitchen: 1
Living Room: 1
Primary Bedroom: 1
Utility Room: 1
Parking Spaces: 2
Unit #2
Bath - Full: 2
Bedroom: 1
Kitchen: 1
Living Room: 1
Primary Bedroom: 1
Utility Room: 1
Parking Spaces: 2
Unit #3
Bath - Full: 2
Bedroom: 1
Kitchen: 1
Living Room: 1
Primary Bedroom: 1
Utility Room: 1
Parking Spaces: 2
Unit #4
Bath - Full: 2
Bedroom: 1
Kitchen: 1
Living Room: 1
Primary Bedroom: 1
Utility Room: 1
Parking Spaces: 2
Property Features
Multi-Family Type: Four-Plex
Exterior Finish: Vinyl
Roof Type: Asphalt
Foundation Type: Poured Concrete
Construction Type: Wood Frame - 2x6
Garage Type: None
Carport Type: None
Heating: Natural Gas; Radiant; Radiant Floor
Sewer-Type: Septic Tank
Access Type: Gravel; Maintained
Topography: Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: Covenants; CO Detector(s); Laundry Facility; Owner Occupied; Smoke Detector(s); Washer/Dryer
Flooring: Carpet; Linoleum
Docs Avl for Review: As-Built; Docs Posted on MLS; Prop Discl Available; PUR 101; PUR 102
Listing Terms Financing: AHFC; Cash; Conventional; FHA; VA Loan
Supplements
Unit 1- $1250
Unit 2 -Owner occupy. Potentially rent for $1500 to $1600
Unit 3- $1300
Unit 5- $1500
All rents could be raised upon lease renewal. All units are identical and have the same features, so could all potentially rent for the higher amount.
Tenants pay for their gas and electric, landlord pays for plowing and garbage. Each unit has an in-suite laundry room which is very convenient.
*New high efficiency boilers installed in each unit with-in the last year.
As-built 
Listing Office: Keller Williams Realty Alaska Group of Wasilla
Last Updated: September - 30 - 2024
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.