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    1213 Oro Dam Boulevard W

    Oroville, CA 95965
    • $515,000
    • STATUS: Active Under Contract
    • ON SITE: 149 days
    • ID#: SN20077113
    Under Contract
    UPDATED: 67 min ago
    $515,000
    • 0
      BEDS
    • 1.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,855
      SQFT
    • $106
      $/SQFT
    Type:
    Multi-Family
    Built:
    1930
    County:

    School Ratings & Info

    Description

    Calling all investors! This is the deal you've been waiting for that will cash flow from day 1! Currently fully rented for a total of $6,225/month with some potential upside once the homes are upgraded! There is also a mobile home pad with connections that can be utilized to bring in income! The property is located minutes from town and highway 70 for easy shopping, errand running and commuting for the tenants. This a great property for an investor looking to make some sweat equity and a great month cash flow without having to pay a premium price on the already fixed up multi family properties that are on the market. Pick up this property today and start making some money. Private Financing available with a large downpayment!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-20T21:25:42.683. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Vogler Feigen. Licensed in the State of California, USA.

    www.sonyathebroker.com/homes/105279589
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    1213 Oro Dam Boulevard W Oroville, CA 95965

    • Price: $515,000
    • Status: Active Under Contract
    • Updated: 67 min ago
    • ID#: SN20077113
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.23
    Acres
    4,855
    SQFT
    $106
    $/SQFT
    1930
    Built
    County:
    Butte
    Property Description
    Calling all investors! This is the deal you've been waiting for that will cash flow from day 1! Currently fully rented for a total of $6,225/month with some potential upside once the homes are upgraded! There is also a mobile home pad with connections that can be utilized to bring in income! The property is located minutes from town and highway 70 for easy shopping, errand running and commuting for the tenants. This a great property for an investor looking to make some sweat equity and a great month cash flow without having to pay a premium price on the already fixed up multi family properties that are on the market. Pick up this property today and start making some money. Private Financing available with a large downpayment!
    Exterior Features

    Carport Spaces 7.00 Garage Spaces 0.00 Lot Features 11-15 Units/AcreLot Over 40000 SqftRectangular Lot Lot Size Source Assessor Lot Size Units Acres Parking Total 7.00 Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling Wall/Window Unit(S)Evaporative Cooling Cooling YN Yes Flooring CarpetLaminateTile Heating Wall FurnacePellet Stove Heating YN Yes Laundry Features None Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 9.60 Community Features Valley Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 74700.00 Gross Operating Income 73206.00 Gross Scheduled Income 74700.00 Insurance Expense 3320.00 Land Lease YN No Laundry YN No Maintenance Percent 2.00 Net Operating Income 54242.00 New Construction YN No New Taxes Expense 5750.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Number Of Units Leased 7 Operating Expense 20458.00 Professional Management Expense 0.00 Rent Control YN Yes Senior Community YN No Sewer Conventional SepticPublic Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 74700.00 Total Expenses 20458.00 Trash Expense 4200.00 Utilities Electricity Connected Vacancy Allowance Rate 2.00 Water Sewer Expense 4200.00 Water Source PublicWell Year Built Source Assessor Zoning C2

    Listing provided courtesy of Dominick Townsend of People's Choice Brokers


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-20T21:25:42.683. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Vogler Feigen. Licensed in the State of California, USA.

     
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