$299,000 Price Analysis 1234 and 1238 Middlehoff LnOroville, CA 95965 3 bed 3 bath 1,312 SqFt ($227/SqFt) 1.18 acre lot. Built 1957 Listed 2024-05-25, Taxes $1,129 | ✓ USDA Eligible near Oroville, CA |
Unlock the potential of this lucrative income-producing property nestled in a prime location minuts 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 big standalone unit at the rear, this property caters to diverse investment strategies. Duplex Units The front duplex units, each with its own carport 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 e lectric 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 flourishing 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 unlimited 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
Year | Assessments Building + Land Total | Tax |
---|---|---|
2023 | $77,026 + $19,959 $96,985 | $1,129 |
2022 | $75,516 + $19,568 $95,084 | $1,084 |
2021 | $74,036 + $19,185 $93,221 | $1,077 |
2020 | $73,277 + $18,989 $92,266 | $1,073 |
2019 | $71,841 + $18,617 $90,458 | $1,059 |
2018 | $70,433 + $18,252 $88,685 | $1,020 |
2017 | $69,052 + $17,895 $86,947 | $984 |
2016 | $67,699 + $17,545 $85,244 | $974 |
2015 | $66,683 + $17,282 $83,965 | $921 |
2014 | $65,377 + $16,944 $82,321 | $930 |
2013 | $65,082 + $16,868 $81,950 | $907 |
2012 | $63,806 + $16,538 $80,344 | $900 |
2010 | $62,555 + $16,214 $78,769 | $870 |
2009 | $62,236 + $16,132 $78,368 | $866 |
2009 | $62,088 + $16,093 $78,181 | $866 |
2008 | $61,016 + $15,816 $76,832 | $833 |
2007 | $59,820 + $15,506 $75,326 | $818 |
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.