$299000 Price Analysis    ♡   Oroville, CA 95965 3 bed 3 bath 1312 SqFt ($227/SqFt) 1.18 acre lot. Built 1957 Listed 2024-05-25, Taxes $1129 | ✓ USDA Eligible near Oroville, CA |
Amazing Investment Opportunity: Multi Unit on Sprawling Corner Lot!
* Sale Pending *Unlock the potential of this lucrative income-producing property nestled in a prime location minutes from downtown Oroville. Situated on a generous 1.18-acre corner-lot along Middlehoff Lane, this hidden gem offers a perfect blend of convenience, tranquility and investment opportunity Prime Location Tucked away in a secluded wooded area west of the river, yet a stone's throw from Oroville's bustling downtown, this property offers the best of both worlds. With easy access to amenities, it's an ideal location for tenants seeking both comfort and convenience. Versatile Layout Comprising a well-designed duplex at the front and a vast standalone unit at the rear, this property caters to diverse investment strategies. Duplex Units The front duplex units, each with its own carpo rt and storage, exude rustic charm with rising, exposed-beam ceilings and wooden built-ins. Boasting identical layouts of 1 bed/1 bath, these units offer comfortable living spaces with the added convenience of individual, brand new electric meters.
Standalone Unit Nestled at the rear, the standalone unit features an additional 1 bed/1 bath space. With an adjoined two-car garage and a shared laundry facility this unit offers both privacy and functionality and also has its own electric meter. It presents an enticing opportunity for additional rental income. Expansive Grounds Spanning 1.18 acres and fully fenced, the property offers abundant outdoor space for recreation and relaxation. Mature trees dot the landscape, complemented by lush grassy expanses and even a flourshing grapevine, creating a picturesque setting for residents to enjoy. Investment Potential With one unit already occupied, this property presents an immediate income stream for savvy investors an the second unit is ready for an owner or tenant to move right in. Whether you're looking to generate rental income or offset mortgage payments, the possibilities are infinite with this versatile investment opportunity. Don't miss out on this fantastic opportunity to own a multifaceted income property in a highly sought-after location. Schedule your showing today and unlock the full potential of this hidden gem on Middlehoff Lane!
Presented by Aaron Landers at
Century 21 Select Real Estate Inc.
Property MLS #OR24106359 from CRMLS
Built-in Features
Ceiling Fan(s)
High Ceilings
Storage
Wood Product Walls
Flooring: Laminate, Vinyl
Appliances YN: Yes
Laundry Features: Common Area, Dryer Included, Electric Dryer Hookup, Washer Hookup, Washer Included
Heating Features: Electric
Heating: Yes
Fencing: Fence YN: Yes, Fencing: Good Condition
Other Structures: Second Garage, Shed(s)
Road Frontage Type: City Street
Road Surface Type: Paved
Garage Spaces: 3
Parking Features: Parking YN: Yes, Parking Features: Assigned, Built-In Storage, Attached Carport, Garage - Two Door
Parking Total: 4
Lot Size Acres: 1.18
Lot Size Source: Assessor
Lot Size Square Feet: 51401
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
County: Butte
Source Property Type: Residential Income
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Parcel Number: 030160052000
Postal Code Plus 4: 4445
Trash Expense: 35.00
Zoning: AR
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $77026 + $19959 $96985 | $1129 |
| 2022 | $75516 + $19568 $95084 | $1084 |
| 2021 | $74036 + $19185 $93221 | $1077 |
| 2020 | $73277 + $18989 $92266 | $1073 |
| 2019 | $71841 + $18617 $90458 | $1059 |
| 2018 | $70433 + $18252 $88685 | $1020 |
| 2017 | $69052 + $17895 $86947 | $984 |
| 2016 | $67699 + $17545 $85244 | $974 |
| 2015 | $66683 + $17282 $83965 | $921 |
| 2014 | $65377 + $16944 $82321 | $930 |
| 2013 | $65082 + $16868 $81950 | $907 |
| 2012 | $63806 + $16538 $80344 | $900 |
| 2010 | $62555 + $16214 $78769 | $870 |
| 2009 | $62236 + $16132 $78368 | $866 |
| 2009 | $62088 + $16093 $78181 | $866 |
| 2008 | $61016 + $15816 $76832 | $833 |
| 2007 | $59820 + $15506 $75326 | $818 |
$299000
CRMLS
Sold 2024-03-01
$162000
CRMLS
Relisted 2024-01-15
$329900
CRMLS
Listing removed 2023-12-22
$0
CRMLS
Listed 2023-04-01
$329900
CRMLS
Listing removed 2020-04-30
$0
AppfolioUnits
Listed for rent 2020-04-26
$700
AppfolioUnits
Year Built: 1957
Building Features: 3
Common Walls: 1 Common Wall
Construction Materials: Cedar
Entry Level: 1
Entry Location: Front
Property Age: 67
Property Attached: Yes
Roof: Composition
Levels or Stories: One
Building Total Stories: 1
Structure Type: Duplex
Year Built Source: Public Records
Sewer: Sewer: Public Sewer, Water Sewer Expense: 35.00
Water Source: Public
32 Inch Or More Wide Doors
Parking
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.