Bought with Rarebird Real Estate
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123 S MOLALLA AVE Molalla, OR 97038
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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
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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