Single-family home
Listing Agent: Mario Gattavara (DRE #01368823) · Listing Office: Coldwell Banker Lifestyle Properties · Contact: 530-588-8373 · Bought with: Antonio Cisneros · Coldwell Banker Lifestyle Properties · MLS #OR24170933 · Source: CRMLS
Looking to do a little income property investing? Here is something to consider. Two homes here are being sold together adjacent to one another on separate parcels. The first is 3696 Spencer Avenue (AP#035-153-010), which is 3 bedrooms, 1 bathroom built in 1940 at 760+/-sf renting at $800.00 a month. The other is 2160 Fort Wayne Street (AP#035-153-009), which is a 2 bedroom, 1 bathroom built in 1936 at 480+/-sf renting at $800.00 per month. These homes sit side by side to one another and are currently occupied. (The Spencer parcel has an additional building at 576+/-sf which was prior used as a rental and is now used as storage. Owners have plans drafted 4/26/2023 to convert this to an ADU unit; available for review in MLS other docs. One would more than likely need to re-address the project with the city of Oroville building and planning. Designed to convert to a 1 bedroom with living, kitchen, full bath and laundry room). Both parcels sit on 0.11+/- acre lots for a total of 0.22+/- acres. DO NOT DISTURB TENANTS. *PUBLIC NOTE: SHOWN TO INTERESTED PROSPECTS WITH OFFER SUBJECT TO INTERIOR INSPECTIONS ONLY. WITH PROOF OF FUNDS OR QUALIFICATION LETTER ATTACHED. NO EXCEPTIONS.** Seller is not vacating tenants, tenants are staying. This is being sold as income property. Income and Expenses estimates per seller.
Listing description from the September 2024 sale, as reported to CRMLS.