1547 2nd Avenue

    Oroville, CA 95965
    • $299,000
    • STATUS: Pending Sale
    • ON SITE: 117 days
    • MLS #: 18025972
    Pending
    UPDATED: 64 min ago
    $299,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Value add opportunity RENTS ARE 20% BELOW MARKET! This 5 unit residential apartment complex is comprised of four 1 bed/1 bath units and one 2 bed/1 bath unit.. Currently, three 1/1 units rent for $500/month and the 4th 1/1 rents for $550/month. The 2/1 is renting at $550. Market rents are $560/unit for the 1/1 units and $600 for the 2/1 units, increasing potential income to $2,840/month. Owners pay water, sewer, garbage and yard maintenance. Great opportunity for investor or small exchange.

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    © 2018 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2018-08-21T09:38:39.417. MetroList® MLS Terms of Use. IDX provided by BoomTown.
    www.thedelrealgroup.com/homes/82931907

    1547 2nd Avenue Oroville, CA 95965

    • Price: $299,000
    • Status: Pending Sale
    • Updated: 64 min ago
    • MLS #: 18025972
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1959
    Built
    Neighborhood:
    Outside of # areas, but in Calif
    County:
    Other
    Area:
    Outside of # areas, but in Calif
    Elementary School:
    Other
    Middle School:
    Other
    High School:
    Other
    School District:
    Other
    Property Description
    Value add opportunity RENTS ARE 20% BELOW MARKET! This 5 unit residential apartment complex is comprised of four 1 bed/1 bath units and one 2 bed/1 bath unit.. Currently, three 1/1 units rent for $500/month and the 4th 1/1 rents for $550/month. The 2/1 is renting at $550. Market rents are $560/unit for the 1/1 units and $600 for the 2/1 units, increasing potential income to $2,840/month. Owners pay water, sewer, garbage and yard maintenance. Great opportunity for investor or small exchange.
    Exterior Features

    Approx Elevation 0 Construction Frame Covered Parking Spaces 5 Exterior Wood Parking 1 Space Per Unit Roof Comp Shingle Stories 2 Uncovered Parking Spaces 0

    Interior Features

    Air Refrig Wall Units Equipment None Floor Coverings LaminateLinoleum/Vinyl Furnished None Heat Furnace Wall Kitchen Appliances Oven Gas F/SRefrigerator F/S Unit1 Bedrooms 1 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit1 Sq Ft 680 Unit2 Bedrooms 1 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit2 Sq Ft 680 Unit3 Bedrooms 1 Unit3 Full Baths 1 Unit3 Half Baths 0 Unit3 Sq Ft 680 Unit4 Bedrooms 1 Unit4 Full Baths 1 Unit4 Half Baths 0 Unit4 Sq Ft 680

    Property Features

    1 Bedroom Units 4 2 Bedroom Units 1 3 Bedroom Units 0 Amenities Separate Lndry Fclty Auction No CCRs No Cross Street Address Robinson St Energy Features None HOA No Hoa Dues 0 HUD No Individual Units 5 Multifamily Type 5 Or More Units Studio Units 0 Tenant Pays CableElectric Total Leasable 5 Unit1 Rent 500 Unit2 Rent 500 Unit3 Rent 550 Unit4 Rent 500 Year Remodeled 0 Zoning R2m

    Listing provided courtesy of Helm Properties. Listing information © 2018 MetroList Services, Inc.


    © 2018 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2018-08-21T09:38:39.417. MetroList® MLS Terms of Use. IDX provided by BoomTown.
     
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