Description
**amazing investment opportunity: multi unit on sprawling corner lot!**
unlock the potential of this lucrative income-producing property nestled in a prime location just 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 just west of the river, yet only 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.
**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 electric meters. each unit has its own electric and gas meters. there is a seperate large building across the large backyard which houses a shared laundry facility, 2 car garage and a large, climate-controlled indoor storage area. this building is also on its own electric meter. historically, tenants have paid their own unit's power/gas and the landlord has paid the laundry power bill from the third meter.
**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 endless 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!
Property Type
Residential IncomeSubdivision
FallbrookCounty
ButteStyle
Residential IncomeAD ID
45898822
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Composition
- Exterior Property Features : Awning(s)
- Interior Features: Beamed Ceilings,Built-in Features,Ceiling Fan(s),High Ceilings,Storage,Wood Product Walls,All Bedrooms Down,Bedroom on Main Level
- Property Appliances: Electric Water Heater,Gas Range,High Efficiency Water Heater,Refrigerator,Dryer,Washer
- Fireplace: None
- Flooring: Laminate,Vinyl
Cooling Features
- Evaporative Cooling
- Air Conditioning
Heating Source
- Electric
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1957
- Building Area Total: 1,312
- Construction: Cedar
- Roof: Composition
Exterior Features
- Awning(s)
Security Features
- Carbon Monoxide Detector(s),Smoke Detector(s)
Accessibility Features
- Safe Emergency Egress from Home,Parking,Accessible Doors
Pool Features
- None
Laundry Features
- Common Area,Washer Hookup,Electric Dryer Hookup
Fencing
- Good Condition
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 1.18
- Lot Size Source: Assessor
- Lot Size Square Feet: 51401
-
Listing Information
Listing Price Information
- Original List Price: 299,000
- Listing Contract Date: 2024-05-20
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 030160052000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Attached Carport,Assigned,Door-Multi,Garage,Storage
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Trash Collection,Telephone
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Pending
- Source Neighborhood:
- Postal Code Plus 4: 4445
- Directions: Oro Dam Blvd to Middlehoff Lane
- Zoning: AR
- Source Property Type: Residential Income
- Property SubType: Duplex
Building and Construction
- Property Age: 67
- Common Walls: 1 Common Wall
- Structure Type: Duplex
- Year Built Source: Public Records
- Entry Level: 1
- Entry Location: Front
- Property Attached: Yes
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 10/25/2024 @ 01:24
- MLS: OR24106359
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is recently sold, it has 1,312 sqft, 51,401 sized lot, and 2 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Oroville , in zip code 95965, this Butte County Home , it is in the FALLBROOK Subdivision, are nearby neighborhoods.