1584 Montgomery Street,Oroville, CA 95965
Oroville, CA 95965
Description
1584 Montgomery Street in Oroville, California, presents a compelling opportunity for investors seeking a turnkey residential investment or a value-add project in a historically rich neighborhood. Situated on a 9,147 sq ft corner lot, this 4-unit complex provides investors a prime opportunity to own a large property in the heart of downtown Oroville. Since its construction in 2005, the property has seen strong rental demand, with the majority of current tenants in long-term occupancy. Additionally, the property offers investors an opportunity to increase value with light renovations. PROPERTY OVERVIEW Total units: 4 Unit configurations: 3 bedroom, 2.5 bathroom Total bedrooms/bathrooms: 12 beds, 10 baths Total living area: ~4,800 sq ft Unit sizes: 1,200 sq ft ? KEY FEATURES 1 car garage with each unit Easy access to shopping, dining, and public transportation Central A/C in each unit Laundry hookups in the garage of each unit (tenant-supplied washers and dryers) INVESTMENT HIGHLIGHTS Large corner lot in the heart of downtown Oroville Highly attractive location for a variety of renters Strong rental demand in the area with consistent occupancy Most current tenants in long-term occupancy Rent/value could be increased with light renovations No showings without an accepted offer. Please do not disturb tenants.
Details
| MLS # | SN25102609 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Pending |
| Year | 2005 |
| Days On Site | 44 |
| Listing Provided By | Ryno Company | Michael Lee |
Features
| SQ Feet | 4,800 |
|---|---|
| Garage | 4 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | R3 |
| Acreage | 0.21 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Two To Five Units Acre, Corner Lot |
|---|
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Biking, Curbs, Gutters, Street Lights, Sidewalks, Urban |
|---|
Market Activity 95965
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Learn More About This Property
| State | CA |
|---|---|
| County | Butte |
| City | Oroville |
| Zip Code | 95965 |
| Listing VS Median (in 95965) | |
Price: $699,000 low | high Med: $302,000 SqFt: 4,800 low | high Med: 2,306 $ / SqFt: $146 low | high Med: $188 On site: 44 low | high Med: 100.500000 | |
