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    704 Thermalito Avenue

    Oroville, CA 95965
    • $369,000
    • STATUS: Active
    • ON SITE: 39 Days
    • ID#: SN21197071
    Price Reduced
    $369,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    Description

    Investment opportunities like this dont come along every day! The owners have put in time, energy and money to improve this property. The inside of both units were redone including the flooring, paint, plumbing and lighting. The front unit had some new siding windows installed last year. The front unit has a central heat and air unit, an open living room to the kitchen, 3 bedrooms, 1 bathroom, and a laundry room. The back unit has a newer mini split heating and air system with 24,000 BTU, remodeled kitchen with newer cabinets, countertops, and backsplash. The back unit contains 2 bedrooms and 1 bathroom with a small closet cut out for a stackable washer and dryer. The front unit is accessed off of Thermalito Ave and the back unit is accessed off of 7th Street both having driveway parking and some street parking as well. The exterior has a newer coat of paint and much of the wood rot has already been taken care of. The back unit has newer fencing around it providing more privacy and yard space. Pro forma rent is $1500 for the front unit and $1200 for the back unit. Add a solid property to your portfolio today!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-17T00:26:10.927. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
    www.therealestategirl.com/homes/121190342
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    704 Thermalito Avenue Oroville, CA 95965

    • Price: $369,000
    • Status: Active
    • ID#: SN21197071
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1947
    Built
    County:
    Butte
    Property Description
    Investment opportunities like this dont come along every day! The owners have put in time, energy and money to improve this property. The inside of both units were redone including the flooring, paint, plumbing and lighting. The front unit had some new siding windows installed last year. The front unit has a central heat and air unit, an open living room to the kitchen, 3 bedrooms, 1 bathroom, and a laundry room. The back unit has a newer mini split heating and air system with 24,000 BTU, remodeled kitchen with newer cabinets, countertops, and backsplash. The back unit contains 2 bedrooms and 1 bathroom with a small closet cut out for a stackable washer and dryer. The front unit is accessed off of Thermalito Ave and the back unit is accessed off of 7th Street both having driveway parking and some street parking as well. The exterior has a newer coat of paint and much of the wood rot has already been taken care of. The back unit has newer fencing around it providing more privacy and yard space. Pro forma rent is $1500 for the front unit and $1200 for the back unit. Add a solid property to your portfolio today!
    Exterior Features

    Number Of Separate Electric Meters 0 Parking Features Uncovered Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type County Road Road Surface Type Paved Roof Composition View Neighborhood View YN Yes

    Interior Features

    Appliances Gas Range Common Walls 1 Common Wall Cooling Central AirDuctless Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Laminate Heating CentralDuctless Heating YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5.76 Common Interest None Community Features FoothillsFishingGolfHikingLakeMountainousRuralValley Current Financing Private Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 32400 Insurance Expense 1200 Land Lease YN No Laundry Features Laundry RoomStacked Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit Net Operating Income 23058 New Construction YN No New Taxes Expense 4182 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Operating Expense 8370 Possession Close Of Escrow Property Condition Updated/Remodeled Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 432 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance Rate 3 Water Sewer Expense 864 Water Source Public Zoning Ar

    Listing provided courtesy of Dominick Townsend of People's Choice Brokers


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-17T00:26:10.927. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
     
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