Molalla, OR 97038,123 S MOLALLA AVE
Molalla, OR 97038,123 S MOLALLA AVE
Molalla, OR 97038,123 S MOLALLA AVE
Listed by MORE Realty • 503-481-7530
Bought with Rarebird Real Estate
$651,500
Est. payment /mo
$799,000
18.5%
Est.Price: ?

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6,336 SqFt
SOLD DATE : 06/04/2021

Key Details

Sold Price $651,500

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,336 sqft

Price per Sqft $102

MLS Listing ID 21045587

Sold Date 06/04/21

Year Built 1912

Annual Tax Amount $4,694

Tax Year 2020

Property Description

8 plex! Crazy good income producing property! Seller says over $9000 per month! Tons more potential income too! Fantastic, walkable location in the heart of downtown Molalla! Many, many upgrades on this beautiful, unique building! Seller says very easy to keep rented with some long term renters. Heat is gas and electric. Low monthly expenses. This is a gem! Buyer to do due diligence. Sqft is approx. Seller rents out by the room at this time, but could be used as just an 8 plex.

Location

State OR

County Clackamas

Area _146

Zoning C1

Rooms

Basement Crawl Space

Interior

Heating Forced Air

Exterior

Roof Type Metal

Parking Type Open

Garage No

Building

Lot Description Corner Lot, Level

Foundation Block, Concrete Perimeter, Slab

Sewer Public Sewer

Water Public Water

Schools

Elementary Schools Molalla

Middle Schools Molalla River

High Schools Molalla

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Regional Multiple Listing Service (RMLS)

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Cassandra Marks

+1(503) 884-2387

Realtor, Licensed in OR & WA | License ID: 201225764

Realtor, Licensed in OR & WA License ID: 201225764

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