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Listed by Keller Williams PDX Central
$425,000
Est. payment /mo
6,098 Sqft Lot
New
118 ENGLE AVE Molalla, OR 97038
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 576668239
Year Built 1978
Annual Tax Amount $3,562
Tax Year 2024
Lot Size 6,098 Sqft
Property Description
Versatile Commercial Property with Two Apartments In A Prime Location! Incredible investment opportunity in a bustling commercial corridor! This unique property offers the best of both worlds. There's a spacious commercial unit currently with two 26'x16' salon-style suites, each equipped with a closet and private bathroom, plus an additional private office space. This commercial section features a separate entrance to maintain business privacy and flow. Additionally, there are two charming 1-bedroom apartments with their own private entrances, perfect for owner-occupancy or tenant rental. The residential units include living room/kitchens, a cozy bedroom, and a bathroom with a walk-in shower making this an ideal setup for live/work flexibility or added passive income. Strategically located in a high-traffic area, close to public transportation, and surrounded by thriving local businesses, it's the perfect setup to draw in clientele and benefit from surrounding activity. Zoned for various commercial uses – confirm specifics with the city. Don't miss this chance to establish your business or expand your portfolio with a multi-use, income-producing property in a high-demand area!
Location
State OR
County Clackamas
Area _146
Zoning Comm
Interior
Heating Zoned
Cooling Wall Unit
Exterior
Roof Type Composition
Garage No
Building
Lot Description Level
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Molalla
Middle Schools Molalla River
High Schools Molalla
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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