Property Address: 1013 Middlehoff Ln, Oroville, CA, 95965-4412
Average square foot calculated using Size range provided by listing agent.
Description
Investment opportunity featuring a unique multi-unit configuration on one parcel: two single-family residences and one duplex, all currently tenant-occupied. The property offers in-place rental income with value-add potential. The improvements are in need of repairs from deferred maintenance, making this a suitable project for an investor looking to renovate and reposition the property. In addition, one former home on the parcel was lost to fire, presenting potential for expansion or additional unit development (buyer to verify with local planning and building departments). An adjacent parcel is also available for purchase and includes five additional single-family homes, creating the opportunity to acquire a larger portfolio in one location APN 030-170-008. Property to be sold as-is.