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118 Engle Ave, Molalla, OR 97038

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For Sale

$425,000

0.14 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 0.1 acres
    Lot size

  • 41-50 Years Old
    Age

Explore this Property

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!
MLS# 576668239

Courtesy Of Keller Williams Realty Portland Central

(503) 548-4848

Property Features

  • Age
    41-50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Wood Siding
  • Lot Size
    0.14 Acres

Map and Directions

Directions to 118 Engle Ave, Molalla, OR 97038

Home seller CENTURY 21 North Homes Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 North Homes Realty

(503) 652-2260
Learn More About Us

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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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