1234 & 1238 Middlehoff Lane, Oroville, CA 95965
-
Listed Price :
$299,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1957
Property Description
**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!
Interior Features
| Laundry Information |
| Location(s) |
Common Area, Washer Hookup, Electric Dryer Hookup |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Flooring Information |
| Material |
Laminate, Vinyl |
| Interior Information |
| Features |
Beamed Ceilings, Built-in Features, Ceiling Fan(s), High Ceilings, Storage, Wood Product Walls, All Bedrooms Down, Bedroom on Main Level |
| Cooling Type |
Evaporative Cooling |
Listing Information
| Address |
1234 & 1238 Middlehoff Lane |
| City |
Oroville |
| State |
CA |
| Zip |
95965 |
| County |
Butte |
| Listing Agent |
Aaron Landers DRE #02236787 |
| Co-Listing Agent |
Tamara Landers DRE #02181718 |
| Courtesy Of |
Century 21 Select Real Estate Inc |
| List Price |
$299,000 |
| Status |
Pending |
| Type |
Residential Income |
| Subtype |
Duplex |
| Structure Size |
N/A |
| Lot Size |
51,401 |
| Year Built |
1957 |
Listing information courtesy of: Aaron Landers, Tamara Landers, Century 21 Select Real Estate Inc. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 29th, 2024 at 5:33 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
