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    411 Lola Ave

    Molalla, OR 97038
    • $395,000
    • STATUS: Active
    • ON SITE: 66 days
    • MLS #: 21637013
    UPDATED: 61 min ago
    $395,000
    • 4
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,600
      SQFT
    • $247
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1978
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    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!

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    Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Beach Loop Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-06-21T23:39:33.61.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Beach Loop Realty and should be independently verified.
    www.beachlooprealty.com/homes/116195578
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    411 Lola Ave Molalla, OR 97038

    • Price: $395,000
    • Status: Active
    • Updated: 61 min ago
    • MLS #: 21637013
    4
    Beds
    2
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,600
    SQFT
    $247
    $/SQFT
    1978
    Built
    Neighborhood:
    Laurelwood
    County:
    Clackamas
    Area:
    146-Oregon City/Beavercreek/Canby/Molalla/Mulino
    Elementary School:
    Molalla
    Middle School:
    Molalla River
    High School:
    Molalla
    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!
    Exterior Features

    Exterior Description Vinyl Siding Lot Description Level Lot Size 5000 To 6999 Sqft Parking Features Garage Roof Type Composition View YN No Water Description Public

    Interior Features

    Basement Crawl Space Heating Description Forced Air Hot Water Description Electricity Unit Features DishwasherRangeRefrigerator Unit Type1 Features DishwasherRangeRefrigerator Unit Type1 Sq Ft 800 Unit Type2 Features DishwasherRangeRefrigerator Unit Type2 Sq Ft 800

    Property Features

    Bank Owned YN No Capitalization Rate 2.72 CCRs YN No Country Us Fuel Description Gas Gross Income Actual 16148 Gross Income Projected 31200 Gross Rent Multiplier 24.46 Net Income Actual 10754 Net Income Projected 23865 Occupancy Types Leased Operating Expenses Actual 5394 Operating Expenses Projected 7335 Property Condition Updated/Remodeled Rent Includes SewerWater Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Tax Amount 2855.16 Third Party Approval YN No Unit Type1 Rent 1200 Unit Type1 Units Total 1 Unit Type2 Rent 1400 Unit Type2 Units Total 1 Zoning R2

    Listing provided courtesy of Exp Realty, Llc.


    Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Beach Loop Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-06-21T23:39:33.61.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Beach Loop Realty and should be independently verified.
     
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