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$875,000
Est. payment /mo
12 Beds
8 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SN25076515
Bedrooms 12
Property Sub-Type Res Income 2-4 Units
Property Description
Discover the potential of this turnkey multi-family property, presenting an impressive ensemble of 18 bedrooms and 12 bathrooms across its substantial layout. Each unit in this 6-plex offers the convenience of in-unit washer and dryer, ensuring practicality blends seamlessly with comfort. This property comes complete with balconies where residents can enjoy their morning coffee or unwind in the evening breeze. Strategically located, this investment opportunity is remarkably close to Thermalito High School, ensuring educational convenience is just a stroll away. For daily necessities, Collins & Denny Market offers a wide range of products a short drive from the property, enhancing the living experience for tenants. Leisure times can be spent at nearby Hammon Park, a lovely spot for recreation and relaxation, not to forget the scenic Lake Oroville, which promises spectacular natural vistas and outdoor activities under 20 minutes away. Considering its ample two parking spaces per unit, this property not only caters to the needs of its residents but also adds an invaluable layer of accessibility and ease. Sitting on a notably sized lot, the possibilities for further enhancements or gardening projects can bring added value and charm. Whether you're an investor looking for substantial rental income or a property manager seeking a robust addition to your portfolio, this multi-family residence meets all the checkboxes for a wise and profitable investment. Welcoming you to a community brimming with potential, this property spells opportunity with a capital O!
Location
State CA
County Butte
Zoning Public Rec
Direction From Hwy 70 to Grand Ave.
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 031140081000
Virtual Tour https://listings.hillpropertymedia.com/70-grand-ave
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Listed by Ernest Salinas eXp Realty of California, Inc.