217 N MOLALLA AVEMolalla, OR97038
$419,000
3 total units
$27,360 annual income
Capitilization Rate: 4.54
1884 sq. ft
SqFt5000to6999
Elementary School: Molalla
Middle School: Molalla River
High School: Molalla
Zoning: C1
629 days on market
VestorFilter™
Price per unit$139.7K/unit
Price per ft²$222.40/ft²
Recent price drop$30,000
Time on market629 days
Property Description
Calling all investors! This centrally located mixed-use property is ready to go. 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!
{{ compliance-logo }}Listing Provided By Premiere Property Group, LLC
Financial Data
Date Sold2023-03-03
Sold Price$415,000
Price ChangeDropped $30,000 on 04/26/2023
Total $60,950 drop
Total $60,950 drop
Original Price$479,950
Current Price$419,000
Property Taxes$3,228
Find On Map
Home Facts
StatusSold
Year Built1935
Exterior Features
MLS ID22066972
Unit Details
Unit 1
Unit 2
Unit 3
