$745,000
$725,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
7 Acres Lot
SOLD DATE : 05/01/2023
Key Details
Sold Price $745,000
Property Type Other Types
Sub Type Studio
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PA23058483
Sold Date 05/01/23
HOA Y/N No
Year Built 1940
Lot Size 7.000 Acres
Property Description
7.69 plus acres with 17 units with gross rental income of $156,000 a year, $13,000 a month. New roof will be put on #11 and new paint on all studios
will be done as weather permits. three 2bdrm home and one 2bdrm single wide, one 1bdrm home and 12 studios in 3 buildings. Short drive to
Lake Oroville. All new wiring was installed in 4141 Oro Dam Blvd E studio apartments and new dual pane windows and new roof with solar installed
in 2022, new mini splits as well. 4101 Oro Dam Blvd E has new solar installed in 2022 as well in the studio units. Owner pays water, trash, gas
and electric through PGnE
There are 3 separate parcels: parcel one is 4.69 acres with 6 units. Parcel two is 1.5 acres with 3 units. Parcel three is 1.5 acres with 8 units. Private, hillside environment with its own charming community feel. According to city of Oroville planning dept., potential for additional units. Zoned MLDR
This property is serviced by Sourth Feather water district. 4 apn:(910-027-872)(068-100-002)(068-100-003)(068-100-004)
Location
State CA
County Butte
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Biking, Foothills, Fishing, Golf, Hiking, Horse Trails, Hunting, Lake, Mountainous, Near National Forest, Park, Rural, Water Sports
Private Pool No
Building
Sewer Other
Water See Remarks
New Construction No
Others
Senior Community No
Energy Description 2000.0
Acceptable Financing Cash, Private Financing Available
Horse Feature Riding Trail
Listing Terms Cash, Private Financing Available
Financing Cash
Special Listing Condition Standard
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Bought with Chenoa Rivera • Keller Williams Realty Chico Area
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "