Oroville, CA 95965,1651 Oro Dam BLVD
Oroville, CA 95965,1651 Oro Dam BLVD
Oroville, CA 95965,1651 Oro Dam BLVD
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Mike Bailey

Mike Bailey

+1(916) 622-5540
$750,000
Est. payment /mo
3,012 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,012 sqft

Price per Sqft $249

MLS Listing ID 226006781

HOA Y/N No

Year Built 1933

Lot Size 0.560 Acres

Acres 0.56

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

1651 Oro Dam Blvd presents a unique opportunity to own two duplexes and a two-story house on 1 lot in Oroville, CA. With a total of 5 units, this property currently produces $7150/mo gross rental income. To add even more value to this cash flowing property, plans have already started with the county to split this property into 3 lots. Each lot would have a building on it giving the Buyer two individual duplexes with a two-story SFR all on their own lots which would give more flexibility down the road. Many updates have been completed including new flooring, new interior/exterior paint, new windows, plans to split the lot, and more. In addition to the clean and updated units, there are carports for covered parking and storage sheds making this property desirable to tenants. This property sits on a large corner lot with close proximity to shopping, grocery stores, freeway access, restaurants and many other amenities. With an impressive $7150/gross monthly income, the lot split already in progress, updates completed, and convenient location, this 5 unit property is an excellent addition to all investors portfolio. The property will provide immediate cash flow along with the value-adding lot split shortly down the road.

Location

State CA

County Butte

Area 12567

Direction Take exit 46 onto CA-162 toward Oroville Dam Blvd, turn left onto Oro Dam Blvd W

Rooms

Other Rooms Unit-1 Approx SqFt: 3012 Bedrooms: 6 Full Baths: 6 SqFt Source: Tax Record

Interior

Heating Fireplace(s), Wall Furnace

Cooling Wall Unit(s), Window Unit(s)

Flooring Luxury Vinyl Plank

Appliance Free Standing Gas Range, Free Standing Refrigerator

Laundry Other

Exterior

Parking Features Carport, Other

Utilities Available Other

Water Access Desc Public

Building

Lot Description Corner

Story 2

Foundation Concrete

Sewer Public Sewer

Water Public

Schools

Elementary Schools Oroville City

Middle Schools Oroville City

High Schools Oroville Union

School District Butte

Others

Senior Community No

Tax ID 030-211-044-000

Special Listing Condition None

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MetroList® Services, Inc
Listed by eXp Realty of Northern California, Inc.

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Mike Bailey

Mike Bailey

+1(916) 622-5540

Agent | License ID: 01505985

Agent License ID: 01505985

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