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About the Listing CTCL01 - CCARLSON
Well-maintained 7-unit apartment community blocks from downtown Molalla situated on a clean, manicured .32 acre lot. The current ownership has executed a methodical renovation program: four of six two-bedroom units and the three bedroom unit have been updated with new cabinetry, appliances, LVP flooring, updated light fixtures, and fresh paint throughout. Units are being converted to include in-unit laundry on each turnover, with 5/7 already complete. The two-story 2 bedroom floor plans are spacious with carpeted living areas, bedroom-level separation, and sliding glass doors opening to private concrete back patios on each unit. This is an excellent operational value-add play by implementing utility bill-backs (RUBS) and getting rents to market. A short path to filling the remaining vacancy proposes a rent roll of $9,685/mo.
Listing Highlights
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
340491813
Year Built
1977
Total Square Footage
6,500
Lot/Acreage
0.32
Interior Details
- Bedrooms: 15
- Bathrooms: 14 Full
- Appliances:
- Air Cond:
- Heating: WallHeater
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 15
- Zoning: R3
- Roof:
- Others: Updated/Remodeled
- Sewer: Public Sewer
Financial Details
- Tax Amount: $9,134
- Taxes w/Assessments: N/A
- Tax/Property ID: 01093239
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
430 Metzler St Molalla, OR 97038
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