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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$319,000

Est. payment - /mo

4 Beds

3 Baths

2,018 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,018 sqft

Price per Sqft $158

MLS Listing ID OR26103070

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1961

Lot Size 6,098 Sqft

Property Sub-Type Single Family Residence

Property Description

Two great homes on one lot with strong income potential! Live in one and rent out the other, or maximize cash flow by leasing both. The main home offers 3 bedrooms, 2 bathrooms, and 1,118 sq ft with central heating and air, an attached garage, private yard, and a spacious primary suite. Currently rented at $1,650 per month. Tucked privately behind the main home with its own alley access, the second home feels completely separate from the front property. This 1 bedroom, 1 bathroom home plus den offers approximately 900 sq ft, its own private yard, and excellent rental potential at approximately $1,400+/- per month. The rear unit also features a newer mini split system and newer roof. Both have their own laundry. The back unit is expected to be vacant soon, creating a great opportunity for a new owner to either move in while collecting income from the front home or lease the back unit at market rent. Both units have separate water and power meters, and tenants pay all utilities including trash, helping keep ownership expenses low and making this an investor-friendly opportunity. The seller has maintained the property to the best of their ability and has invested thousands of dollars over the past few years to improve the overall appeal and condition of the homes. Conveniently located just a short walk to the bus station and in site of Raley's shopping center, this is an excellent opportunity for investors or owner-occupants seeking flexibility, convenience, and income potential. Interested prospects to provide verification of qualifications and an offer subject to interior inspections only; to limit disturbance of tenant/s.

Location

State CA

County Butte

Rooms

Other Rooms Two On A Lot

Main Level Bedrooms 4

Interior

Heating Central, Ductless

Cooling Central Air, Ductless

Fireplaces Type None

Fireplace No

Laundry In Garage

Exterior

Parking Features Garage, Off Street

Garage Spaces 1.0

Garage Description 1.0

Fence Cross Fenced

Pool None

Community Features Storm Drain(s), Street Lights, Sidewalks, Urban

View Y/N Yes

View Neighborhood

Roof Type Composition

Total Parking Spaces 1

Private Pool No

Building

Lot Description Level, Rectangular Lot, Street Level

Dwelling Type House

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Additional Building Two On A Lot

New Construction No

Schools

School District Oroville City

Others

Senior Community No

Tax ID 012253009000

Acceptable Financing Cash, Conventional, FHA, Submit

Listing Terms Cash, Conventional, FHA, Submit

Special Listing Condition Standard

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Listed by Mario Gattavara 100 for 100 Realty 5305888373, DRE #01368823

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

2262 Hewitt AVE Oroville, CA 95966