









Property Attributes
- MLS#20568354
- TypeContingent
- CountyBUTTE
- CityOroville
- AreaButts Canyon Road
- Zip95965
- Style
- Price$ 1,000,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage8640
- Lot Size1.13 Acres
Listing Provided Courtesy Of:
Jason Hurst with EGL Properties Incorporated.
Property Description
71 & 83 Mono St TWO APNS. 1 Vacant unit, will be rented for $800 before new owner takes over, then Gross income will be $104,952 Per year. Also all units will be up with 8% increase to $800 or more, so projected income of all at $800 is very conservative, 12 x 800 = $9600 or $115,200 a year. Current Property Manager managed since 2014, took over with 5 Vacancies and know this property and tenants well. Strong Property manager is the key to maintaining a good investment. 5 of the 12 units are on Section 8 so most of the rent is paid by the government, housing office. Very good property with a long term growth, also rent prices are going up as there is a shortage of good managed units. 6 detached buildings 1 building for 2 units, each 2br 1 bath
Price History | |
---|---|
4/1/2020 | Listed $1,000,000 |
General Features
Directions | Oroville CA 6 Buildings 2 Unit each |
---|---|
Heating | Central |
Listagentaor | Beverly Hills/Greater LA |
Listing Agent | Jason Hurst - BRE#02067523 |
Listing Agent State License | 02067523 |
MLS Area | LCBCR - Butts Canyon Road |
Parking Features | Paved |
Price Per Square Foot | 115.74 |
Source System | CRMLS |
Special Listing Conditions | Standard |
Total Units | 12 |
Interior Features
Heating Y/N | Yes |
---|---|
Total Stories | 1 |
Exterior Features
Building Area Total | 8640.00 |
---|---|
Lot Size Area | 49223.0000 |
Lot Size Source | Owner |
Lot Size Square Feet | 49223.00 |
Lot Size Units | Square Feet |
Number of Buildings | 6 |
Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool