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Sold on 07/06/2020
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207 E 3rd St, Molalla, OR 97038

  • $271,000

    Last sold 07/06/2020 after 241 Days

  • —

    bed

  • —

    bath

  • 1,325

    Sqft ($205/Sqft)

Multi-family not for sale
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About 207 E 3rd St

Property type Multi-family
Neighborhood
Year built 1947
HOA fee $0/month
Rental estimate
Property description
Cozy bungalow is an investment opportunity in waiting! Offering 3 bedrooms, 2 bathrooms w/attached garage. Wonderful opportunity to own a great investment property with solid tenants in place or a home to make all your own! Main home rents separately than the apartment above the garage, Garage unit has 1 bed/1 bath and kitchen along with a heat pump. Main home serves 2 beds/1 bath & a long term tenant. An incredible opportunity awaits!!
Listed by
Listing Agent - Rebecca Mitchell
Listing Office - Keller Williams-PDX Central
Source: RMLS mls logo
MLS#19032634 • last updated 2 years ago
Movoto checked RMLS for data 5 minutes ago
Overview
Cooling/AC Other
Heating Forced Air
MLS # 19032634
Type Multi Family
Status Sold
Property Tax 1950.47
Year Built 1947
Exterior
Roof Composition
Exterior Features Other, Stucco
Lot Desc Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Clackamas
Area 146 - Oregon City, Beavercreek, Canby, Molalla, Mulino
Elementary School Molalla
Middle School Molalla River
High School Molalla
Zoning R3
Directions S. Molalla To 3rd.
APN 1098895
Multifamily Details
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 1
Unit Type 2: Total Baths 1
Unit Type 1: Rent 1350
Unit Type 2: Rent 750
Total # of Units 2
Gross Rent Multiplier 11.32
Net Operating Income 21402
Operating Expense 3330
Gross Income 24732
Cap Rate 7.65
We are not permitted to show value estimates for this property.
  • Aug 2020
    mls logo MLS # 19263821
  • Aug 14, 2020 Sold
    $271,000
  • Jul 6, 2020 Pending
    —
  • Nov 8, 2019 Listed
    $279,900
  • Aug 2020
    mls logo MLS # 19032634
  • Aug 14, 2020 Sold
    $271,000 (-3.2%)
  • Jul 6, 2020 Pending
    —
  • Nov 8, 2019 Listed
    $279,900
  • 207 E 3rd St
    $271K
  • 146 - Oregon City, Beavercreek, Canby, Molalla, Mulino
    —
  • 97038
    $562K +2% y/y
  • Molalla
    $562K +1% y/y
No chart available
Statistics calculated by Movoto

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Around 146 - Oregon City, Beavercreek, Canby, Molalla, Mulino

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  • OR
  • Clackamas County
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  • 97038
  • 207 E 3rd St
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