$880,000
$899,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
0.99 Acres Lot
SOLD DATE : 07/12/2021
Key Details
Sold Price $880,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 16013034
Sold Date 07/12/21
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1986
Lot Size 0.990 Acres
Acres 0.99
Property Description
Great Cash flowing property that boasts a 8.57% cap rate! Not proforma, but actual current rates. Very nice 14-unit apt building with 10-townhouse style units and 4 single story units. Well maintained, and recently updated with new flooring and other amenities. Amongst residential homes, and close to downtown Oroville and many other stores. Rents can be increased, and all units are rented. Possible owner financing with sufficient down payment.
Location
State CA
County Outside California
Area 12567
Direction hwy 70 to oroville, exit Grand ave towards Nelson and turn right. Left on Fogg Ave to address.
Interior
Heating Central, Wall Furnace
Cooling Central, See Remarks
Flooring Carpet, Laminate, Tile
Equipment None
Appliance Disposal
Exterior
Garage 1 Space Per Unit
Amenities Available Varies By Unit
Roof Type Composition
Building
Story 2
Schools
Elementary Schools Other
Middle Schools Other
High Schools Other
School District Other
Others
Senior Community No
Tax ID 031-140-047-000
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Bought with Non-MLS Office
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Realtors | Lic# 01985645