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Listed by Michael Lee • Ryno Company
$ 699,000
Est. payment | /mo
9,148 Sqft Lot
$ 699,000
Est. payment | /mo
9,148 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRSN25102609
Year Built 2005
Lot Size 9,148 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property 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 incre
Location
State CA
County Butte
Interior
Heating Central Forced Air
Cooling Central AC
Laundry 30, 9
Exterior
Garage Spaces 4.0
Pool None
Building
Water District - Public
Others
Tax ID 012026006000
Special Listing Condition Not Applicable
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