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217 N Molalla Ave

Molalla, OR 97038
  • $479,950
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 22066972
UPDATED: 44 min ago
$479,950
  • 4
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,884
    SQFT
  • $255
    $/SQFT

School Information

Elementary School:
Middle School:
High School:

Description

Calling all investors! This centrally located mixed-use property is ready to go. With favorable zoning, this property features both retail/office and residential usage. The main home features hardwood flooring, new triple-pane windows, and will be vacant for you to occupy at closing. The separate duplex at the rear of the property has recently signed long-term leases at market rents. Plenty of storage around the property creates even more income potential. You don't want to miss this one!

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Listing content is copyright © 2022 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Oregon Digs Real Estate | Portland Digs Real Estate are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2022-08-16T21:40:28.713.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Oregon Digs Real Estate | Portland Digs Real Estate and should be independently verified.
www.oregondigs.com/homes/131899322
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217 N Molalla Ave Molalla, OR 97038

  • Price: $479,950
  • Status: Active
  • On Site: 10 Days
  • Updated: 44 min ago
  • MLS #: 22066972
4
Beds
3
Baths
0
½ Baths
N/A
Acres
1,884
SQFT
$255
$/SQFT
1935
Built
Neighborhood:
146-Oregon City/Beavercreek/Canby/Molalla/Mulino
County:
Clackamas
Area:
146-Oregon City/Beavercreek/Canby/Molalla/Mulino
Elementary School:
Molalla
Middle School:
Molalla River
High School:
Molalla
Property Description
Calling all investors! This centrally located mixed-use property is ready to go. With favorable zoning, this property features both retail/office and residential usage. The main home features hardwood flooring, new triple-pane windows, and will be vacant for you to occupy at closing. The separate duplex at the rear of the property has recently signed long-term leases at market rents. Plenty of storage around the property creates even more income potential. You don't want to miss this one!
Exterior Features

Exterior Description CedarCement Siding Lot Size 5000 To 6999 Sqft Parking Features Open Roof Type Composition View YN No Water Description Public Water

Interior Features

Basement Crawl Space Heating Description Forced Air Hot Water Description Gas Unit Type1 Sq Ft 418 Unit Type2 Sq Ft 418 Unit Type3 Sq Ft 1048

Property Features

Bank Owned YN No Capitalization Rate 3.96 CCRs YN No Country Us Fuel Description Gas Gross Income Actual 27360 Gross Income Projected 45360 Gross Rent Multiplier 17.54 Net Income Actual 19014 Net Income Projected 35653 Occupancy Types LeasedMonth To MonthVacant Operating Expenses Actual 8346 Operating Expenses Projected 8346 Rent Includes SewerWater Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Storage Attached Tax Amount 3228.19 Third Party Approval YN No Unit Type1 Rent 950 Unit Type1 Units Total 1 Unit Type2 Rent 980 Unit Type2 Units Total 1 Unit Type3 Rent 1500 Unit Type3 Units Total 1 Zoning C1

Listing provided courtesy of Premiere Property Group, Llc: 503-670-9000.


Listing content is copyright © 2022 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Oregon Digs Real Estate | Portland Digs Real Estate are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2022-08-16T21:40:28.713.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Oregon Digs Real Estate | Portland Digs Real Estate and should be independently verified.
 
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