411 LOLA AVE Molalla, OR97038

$406,000
2 total units
4 total bedrooms
2 total bathrooms
$16,148 annual income
Capitilization Rate: 2.72
1600 total sq. ft
5,000 to 6,999 SqFt
Elementary School: Molalla
Middle School: Molalla River
High School: Molalla
Zoning: R2
1105 days on market

VestorFilter™

Price per unit$203K/unit
Price per ft²$253.75/ft²
Price per acre$3.46M/ac
Price per bedroom$101.5K/bed
Time on market1105 days

Property Description

Fully updated duplex in Mollala. Units have been remodeled and ready for long-term returns. New paint,flooring (LVT & carpets in bedrooms),doors and trim. New kitchen appliances, counters & tile backsplash. New gutters and partially new siding. Both units have new gas furnaces. Stellar opportunity for solid investment property or owner-occupied; live in one unit with with rental income from the other!

{{ compliance-logo }}Listing Provided By eXp Realty, LLC

Financial Data

Date Sold2021-08-27
Sold Price$406,000
Original Price$395,000
Current Price$406,000
Property Taxes$2,855

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Home Facts

StatusSold
Year Built1978
Stories1
Exterior Features
MLS ID21637013

Unit Details

Unit 1
Unit 2