1584 Montgomery Street new

Oroville,CA 95965

$ 699000

- Bed

- Bath

4800 SqFt


Key Details

Property Type Multi-Family

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $145

MLS Listing ID CRSN25102609

HOA Y/N No

Originating Board Datashare California Regional

Year Built 2005

Lot Size 9,148 Sqft

Property Sub-Type OTHER

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 increase

Location

State CA

County Butte

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Other,See Remarks

Building

Lot Description Corner Lot

Water Public

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