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!!
Off market
$388,600
207 E 3rd St, Molalla, OR 97038
3beds
2baths
1,325sqft
MultiFamily
Built in 1947
-- sqft lot
$388,600 Zestimate®
$293/sqft
$1,889 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced air, Gas
Cooling
- Central, Other
Appliances
- Included: Dryer, Range / Oven, Refrigerator, Washer
- Laundry: Washer/Dryer Hookup
Features
- Windows: Window Coverings
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,325 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
Features
- Exterior features: Other, Stucco
Lot
- Size: 3,920 sqft
- Features: Level
Details
- Parcel number: 01098895
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & neighborhood
Location
- Region: Molalla
HOA & financial
Other financial information
- Total actual rent: 2100
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Zoning: R3
- Heating: Forced Air
- Appliances: Refrigerator, Washer/Dryer, Electric Water Heater, Range
- GarageYN: true
- AttachedGarageYN: true
- HeatingYN: true
- NumberOfUnitsTotal: 2
- Utilities: Natural Gas Connected
- CoolingYN: true
- FoundationDetails: Slab
- ConstructionMaterials: Other, Stucco
- Roof: Composition
- LotFeatures: Level
- LeaseTerm: Month To Month
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Storage, Attached, Paved
- RentIncludes: Cable TV, Trash Collection
- WindowFeatures: Window Coverings
- Cooling: Other, Air Conditioning
- PropertyCondition: Updated/Remodeled
- TotalActualRent: 2100
- CapRate: 7.65
- LaundryFeatures: Washer/Dryer Hookup
- MlsStatus: Pending
- GrossIncome: 24732
- OperatingExpense: 3330
- NetOperatingIncome: 21402
Sell for more
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$388,600
2% more+$7,772
With Zillow Showcase(estimated)$396,372