Fantastic 2021 built Quadplex in Paradise fully rented and producing income, seller financing available. The Quadplex features 2-bedroom, 1 bathroom units with an oversized 351 square foot 1 car garage. Each unit rents for 1,500 per month. 72,000 gross income a year. The kitchen offers cabinets with soft close doors and drawers, pantry closet, granite countertops and under mount sinks in the kitchen and bathroom. Stainless steel appliances including a refrigerator, microwave hood, range/oven and a dishwasher. Individual 1 car garages with laundry with washer and dryer included. The units have luxury vinyl plank flooring throughout the entire unit. Each unit has a dining area with a slider leading to the landscaped backyard. The backyards are fully fenced for tenants and has a concrete patio for each unit. High efficiency mini split heating and air system with separate thermostats for the living room and both bedrooms. The fully finished oversized single car garage comes with a remote opener for easy access. The garages separates the individual units so there are no shared walls with your neighbor. Water, Garbage and yard care are included in the rent. The Quadplex is located in lower Paradise for easy commute to Chico. The entire property is landscaped and fully irrigated. The property offers fully asphalt drive into the concrete driveway for each unit garages. Fantastic opportunity to own a new Quadplex with all new infrastructure for years of limited maintenance and expense!
Sold for $800,000 on 08/08/24
Listing Provided by:
Brian Voigt DRE #01700708 briankvoigt@gmail.com,
Re/Max Home and Investment
Bought with: Re/Max Home and Investment
$800,000
546 Oakwood Ln, Paradise, CA 95969
8beds
4baths
3,200sqft
Quadruplex
Built in 2021
-- sqft lot
$777,500 Zestimate®
$250/sqft
$1,587 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 04, 2024 at 06:01pm
Listing Provided by:
Brian Voigt DRE #01700708 briankvoigt@gmail.com,
Re/Max Home and Investment
Bought with:
Brian Voigt, DRE #01700708
Re/Max Home and Investment
Source: CRMLS,MLS#: SN24120725
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Bedroom
- Features: Bedroom on Main Level
Bedroom
- Features: All Bedrooms Down
Heating
- Forced Air
Cooling
- Zoned
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Free-Standing Range, Microwave, Refrigerator, Washer
- Laundry: Washer Hookup, Electric Dryer Hookup, In Garage
Features
- Granite Counters, Open Floorplan, Pantry, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level
- Flooring: Vinyl
- Windows: Double Pane Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 3,200
- Total interior livable area: 3,200 sqft
Property
Parking
- Total spaces: 12
- Parking features: Assigned, Concrete, Direct Access, Garage
- Garage spaces: 4
- Uncovered spaces: 8
Features
- Levels: One
- Stories: 1
- Entry location: level
- Pool features: None
- Spa features: None
- Fencing: Excellent Condition,Wood
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.68 Acres
- Features: 0-1 Unit/Acre, Drip Irrigation/Bubblers, Landscaped
Details
- Parcel number: 052213011000
- Zoning: C2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Foundation: Slab
- Roof: Composition
Condition
- Turnkey
- New construction: No
- Year built: 2021
Utilities & green energy
- Electric: 220 Volts in Laundry
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Water Connected
Community & neighborhood
Community
- Community features: Biking, Dog Park, Foothills, Fishing, Hiking, Lake, Near National Forest, Park, Water Sports
Location
- Region: Paradise
HOA & financial
Other financial information
- Total actual rent: 6000
Other
Other facts
- Listing terms: Cash to New Loan,Owner May Carry
- Road surface type: Paved