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1547 2nd Avenue, Oroville, California

$299,000Pending Sale

1547 2nd Avenue, Oroville, California 95965
Helm Properties - MLS® ID: 18025972

Property Details

1547 2nd Avenue, Oroville, California 95965 - Value add opportunity RENTS ARE 20% BELOW MARKET! This 5 unit residential apartment complex is comprised of four 1 bed/1 bath units and one 2 bed/1 bath unit.. Currently, three 1/1 units rent for $500/month and the 4th 1/1 rents for $550/month. The 2/1 is renting at $550. Market rents are $560/unit for the 1/1 units and $600 for the 2/1 units, increasing potential income to $2,840/month. Owners pay water, sewer, garbage and yard maintenance. Great opportunity for investor or small exchange.

Amenities

  • Zip95965
  • CountyOther
  • StatusPending Sale
  • Purchase TypePending Sale
  • Property type5 or More Units
  • Zoning typeR2M
  • School districtOther
  • Elementary schoolOther
  • Junior highOther
  • High schoolOther
  • Year built1959
  • HeatingFurnace Wall
  • Parking1 Space Per Unit
  • HOA fees$0.00
  • Office IDSY2506
  • Agent ID01421584
  • Agent nameDerek Sandgren
  • MLS® ID18025972

Broker: Helm Properties

Listing Courtesy of Helm Properties

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