Sold for $284,000 on 11/12/24
Listing Provided by:
Aaron Landers DRE #02236787 530-552-1851,
Century 21 Select Real Estate Inc,
Tamara Landers DRE #02181718,
Century 21 Select Real Estate Inc
Bought with: Century 21 Select Real Estate, Inc.
$284,000
1234 & 1238 Middlehoff Ln, Oroville, CA 95965
2beds
2baths
1,312sqft
Duplex
Built in 1957
-- sqft lot
$276,700 Zestimate®
$216/sqft
$1,333 Estimated rent
Owner options
What's special
**Amazing Investment Opportunity: Multi Unit on Sprawling Corner Lot!**
Unlock the potential of this lucrative income-producing property nestled in a prime location just minutes from downtown Oroville. Situated on a generous 1.18-acre corner-lot along Middlehoff Lane, this hidden gem offers a perfect blend of convenience, tranquility and investment opportunity
**Prime Location**
Tucked away in a secluded wooded area just west of the river, yet only a stone's throw from Oroville's bustling downtown, this property offers the best of both worlds. With easy access to amenities, it's an ideal location for tenants seeking both comfort and convenience.
**Duplex Units**
The front duplex units, each with its own carport and storage, exude rustic charm with rising, exposed-beam ceilings and wooden built-ins. Boasting identical layouts of 1 bed/1 bath, these units offer comfortable living spaces with the added convenience of individual, brand new electric meters. Each unit has its own electric and Gas meters. There is a seperate large building across the large backyard which houses a shared laundry facility, 2 car garage and a large, climate-controlled indoor storage area. This building is also on its own electric meter. Historically, tenants have paid their own unit's power/gas and the landlord has paid the laundry power bill from the third meter.
**Expansive Grounds**
Spanning 1.18 acres and fully fenced, the property offers abundant outdoor space for recreation and relaxation. Mature trees dot the landscape, complemented by lush grassy expanses and even a flourishing grapevine, creating a picturesque setting for residents to enjoy.
**Investment Potential**
With one unit already occupied, this property presents an immediate income stream for savvy investors an the second unit is ready for an owner or tenant to move right in. Whether you're looking to generate rental income or offset mortgage payments, the possibilities are endless with this versatile investment opportunity.
Don't miss out on this fantastic opportunity to own a multifaceted income property in a highly sought-after location. Schedule your showing today and unlock the full potential of this hidden gem on Middlehoff Lane!
Zillow last checked: 8 hours ago
Listing updated: December 04, 2024 at 06:35pm
Listing Provided by:
Aaron Landers DRE #02236787 530-552-1851,
Century 21 Select Real Estate Inc,
Tamara Landers DRE #02181718,
Century 21 Select Real Estate Inc
Bought with:
Garrett French, DRE #01402010
Century 21 Select Real Estate, Inc.
Source: CRMLS,MLS#: OR24106359
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Heating
- Electric
Cooling
- Evaporative Cooling
Appliances
- Included: Electric Water Heater, Gas Range, High Efficiency Water Heater, Refrigerator, Dryer, Washer
- Laundry: Common Area, Washer Hookup, Electric Dryer Hookup
Features
- Beamed Ceilings, Built-in Features, Ceiling Fan(s), High Ceilings, Storage, Wood Product Walls, All Bedrooms Down, Bedroom on Main Level
- Flooring: Laminate, Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,312
- Total interior livable area: 1,312 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached Carport, Assigned, Door-Multi, Garage, Storage
- Garage spaces: 2
- Carport spaces: 2
- Covered spaces: 4
Accessibility
- Accessibility features: Safe Emergency Egress from Home, Parking, Accessible Doors
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Exterior features: Awning(s)
- Pool features: None
- Spa features: None
- Fencing: Good Condition
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 1.18 Acres
- Features: 2-5 Units/Acre, Back Yard, Corner Lot, Street Level
Details
- Additional structures: Second Garage, Shed(s)
- Parcel number: 030160052000
- Zoning: AR
- Special conditions: Standard
- Horse amenities: Riding Trail
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Cedar
- Roof: Composition
Condition
- New construction: No
- Year built: 1957
Utilities & green energy
- Electric: 220 Volts in Laundry, Standard
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Biking, Dog Park, Fishing, Golf, Hiking, Horse Trails, Water Sports
Location
- Region: Oroville
Other
Other facts
- Listing terms: Cash,Conventional,FHA
- Road surface type: Paved