$429,000 Price Analysis    ♡   Oroville, CA 95966 4 bed 3 bath 2,018 SqFt ($212/SqFt) 6,098SqFt lot. Built 1961 Listed 2024-06-11, Taxes $5,126 | ✓ USDA Eligible near Oroville, CA Restrictions may apply due to home size |
Welcome to 2262 and 2264 Hewitt Ave
Oroville, Ca. A rare opportunity for dual incom investment! Two homes on one lot, offering unlimited possibilities for rental income or personal use. Located walking distance to bus route, stores and town. The main house boasts 3 bedrooms, 2 baths with 1118 Sq ft of living space, central heating and air, attached garage, master suite and a private backyard. The second home is tucked away in the back, accessible through a private alley. With 1 bedroom + potential second with a den, 1 bathroom and approximately 900+/- sq ft, this unit also has its own yard and entrance. As well as a new mini split unit. Currently, the front house is generating $1750.00 per month in rental income with a recent 1 year lease, while the back house is bringing in $1200.00 a month in income on a recent one year lease, totaling $2950.00 a month.
Whether you're looking to live in one after a lease expires and rent out the other to offset future payments or cash flow both units, this property offers extraordinary potential for the investor or business minded individual. Tenants pay all utilities including trash. Separate power and water meters here. (This is being sold as a rental property. If you as a buyer intend to live i n one of the units, you will be responsible for vacating the specific unit following close of escrow; the seller will not remove any tenants whatsoever. Also note, there will be no showings of this property unless a buyer has provided qualifications along with an offer contingent on interior inspections.)
Presented by Antonio Davila Cisneros at
Coldwell Banker Lifestyle Properties.
Property MLS #OR24113861 from CRMLS
Heating Features: Central
Heating: Yes
Window Features: Drapes
Other Structures: Guest House, Guest House Detached, Two On A Lot
Road Frontage Type: Alley, City Street
Road Surface Type: Gravel, Paved
Lot Description: 0-1 Unit/Acre, Level, Near Public Transit
Lot Size Acres: 0.1399908
Lot Size Source: Assessor
Lot Size Square Feet: 6098
Parking Features: Parking YN: Yes, Parking Features: Garage
Parking Total: 1
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Unit-1 Garage Spaces: 1
Rent Control: Yes
County: Butte
Source Property Type: Residential Income
Insurance Expense: 3200.00
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 2
Parcel Number: 012253009000
Postal Code Plus 4: 5406
Zoning: R2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $275,000 + $85,000 $360,000 | $5,126 |
| 2022 | $163,983 + $78,837 $242,820 | $3,708 |
| 2021 | $160,768 + $77,292 $238,060 | $3,606 |
| 2020 | $159,120 + $76,500 $235,620 | $3,511 |
| 2019 | $156,000 + $75,000 $231,000 | $3,470 |
| 2018 | $71,751 + $33,115 $104,866 | $2,045 |
| 2017 | $70,345 + $32,466 $102,811 | $2,006 |
| 2016 | $68,966 + $31,830 $100,796 | $1,978 |
| 2015 | $67,931 + $31,352 $99,283 | $1,893 |
| 2014 | $66,601 + $30,738 $97,339 | $1,801 |
| 2013 | $66,300 + $30,600 $96,900 | $1,707 |
| 2012 | $65,000 + $30,000 $95,000 | $1,641 |
| 2010 | $65,000 + $30,000 $95,000 | $1,926 |
| 2009 | $88,525 + $25,289 $113,814 | $1,672 |
| 2009 | $88,315 + $25,229 $113,544 | $1,672 |
| 2008 | $86,790 + $24,794 $111,584 | $1,596 |
| 2007 | $85,089 + $24,308 $109,397 | $1,546 |
$429,000
CRMLS
Price Changed 2024-07-01
$429,000
CRMLS
Price Changed 2024-06-22
$434,000
CRMLS
Price Changed 2024-06-22
$434,000
CRMLS
Listed 2024-06-11
$435,000
CRMLS
Listed 2024-05-24
$435,000
CRMLS
Listing removed 2022-11-14
$0
MetroList
Listed 2022-10-28
$375,000
MetroList
Sold 2022-10-25
$360,000
CRMLS
Relisted 2022-10-02
$375,000
MetroList
Listing removed 2022-10-01
$0
MetroList
Relisted 2022-08-13
$375,000
MetroList
Listing removed 2022-08-12
$0
MetroList
Listed 2022-08-08
$375,000
MetroList
Listed 2022-06-23
$375,000
MetroList
Sold 2018-08-31
$231,000
Public Record
Listing removed 2009-03-02
$165,000
COPMLS
Listing removed 2009-03-02
$165,000
SutterYuba
Listing removed 2009-02-22
$165,000
COPMLS
Listed 2009-02-18
$165,000
COPMLS
Listed 2009-01-22
$165,000
SutterYuba
Sold 1994-07-26
$50,000
Public Record
Year Built: 1961
Building Features: 2
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Front
Property Age: 63
Property Condition: Turnkey
Roof: Composition
Levels or Stories: One
Building Total Stories: 1
Structure Type: Single Family Residence
House Style: Ranch
Year Built Source: Assessor
Sewer: Sewer: Public Sewer, Water Sewer Expense: 1200.00
Cable Connected
Electricity Connected
Natural Gas Connected
Phone Connected
Sewer Connected
Water Connected
Water Source: Public
Map directions Map directions Map directions Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.