17 days on rocket

6101 Gershmel Loop, Wasilla, AK, 99645

$648,000

Home List Price

$7,695*

Closing Credit

9 Bedrooms
4 Full Baths
6,400 SqFt
$101/SqFt
Multi

Location

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6101 Gershmel Loop, Palmer$648,000

Buyer Closing Credits

$7,695*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1977
HeatingBaseboard, Natural Gas
ViewMountain(s)
MLS #24-14923
Lot Size1.00 Acres
StatusActive

About 6101 Gershmel Loop

Wonderful investment opportunity in an Ideal location with potential to grow and cashflow on this fourplex! It has an unfinished space that could be turned into a 5th unit or short term rental as this property is super close to the hospital, easy commute to Anchorage and close to either Palmer or Wasilla plus all the amenities in-between! Gorgeous mountain views and excellent rental history! 3 of the units are 2 Large bedrooms and 1 bathroom, 1 unit is 3 generous bedrooms and 1 bathroom. The bottom units have their own fenced in back yard and the top units have their own large decks. Each unit has it's own washer and dryer. Plenty of parking and extra space on this 1.36 acre lot! Fresh front exterior paint last summer. Units C and D have been redone/updated with fresh paint, flooring and appliances in 2023/2024! One unit will be available to owner occupy!

Property Details

Property Features

Property Information:

  • Year Built: 1977
  • Living Area: 6,400 SqFt

Listing Office:

  • Office Name: Signature Real Estate Alaska
  • Office Phone: (907) 631-3033

Interior Features

Interior Information:

  • Flooring Type: Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • View: Mountain(s)

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas

Other

Directions Information:

  • Directions: From Parks hwy to trunk road, take frontage road exit off of the roundabout, left on Gershmel loop, turn right at the mailboxes, property is at the back of the lot (Green fourplex)

Price Information

Listing Price Info

Price Summary:

  • List Price: $648,000
  • Price Per SqFt: $101/SqFt
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Housing Market Comparison

See how this home compares to others in Palmer, AK.

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Palmer, AK

City

Med. List Price

$435.5K

Med. Price/SqFt

$196

Avg. Days On Market

111

# of Sold Homes

20

6101 Gershmel Loop vs Palmer

17 DAYS ON ROCKET

-94 Days

$648,000

+$212.4K More

$101/SqFt

-$96 Less

KEY TAKEAWAY

This property is $212.4K more than the Median List Price and $96/SqFt less than other homes in Palmer, AK.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Alaska Multiple Listing Service
  • MLS Number: #24-14923

Listing Office:

  • Office Name: Signature Real Estate Alaska
  • Office Phone: (907) 631-3033

IDXThe 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 this broker are marked with either the listing brokerage’s logo or 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. All square footages are approximations. School boundaries are subject to change. Information is not guaranteed and should be independently verified for accuracy.

Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/2/2025, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,302

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,009

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-44794
6
/10

  • Machetanz Elementary School

  • 4961 E Nelson Rd

  • 1.22 miles

  • Public District Grades KG-5

school-card-donut-44795
7
/10

  • Cottonwood Creek ACTION School

  • 800 N Seward Meridian Pkwy

  • 2.83 miles

  • Public District Grades KG-5

school-card-donut-44796
4
/10

  • Finger Lake Elementary School

  • 5981 E Eek St

  • 3.32 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,390. Typical income of Palmer, AK residents is between $35k-100k annually. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Alaska›Matanuska-Susitna County›Palmer›99645›6101 Gershmel Loop

This home is located at 6101 Gershmel Loop in Wasilla, AK and zip code 99645. This 6,400 square foot home, which was built in 1977, sits on a 1.00 acre lot. Features: 9 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $648,000.

The number of homes for sale in Palmer, AK decreased by 18.3% between November 2024 and December 2024. Listings spent 111 days on the market in December 2024, and had a median list price of $435,511 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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