1426 14th St in Oroville, CA presents an exceptional opportunity for investors seeking immediate cash-flow with long-term potential. With 5 houses on one lot, this 5 unit property generates an impressive $7900/mo gross rental income. In addition to the substantial rental income, this property has 2 sewer lines therefore the lot can be divided into 2 lots. After division of the lots, there is the potential to add 3 ADU's on each of the 2 lots. (Lot split and ADU potential is per the property manager, Buyer to verify this information). Many updates have been completed including new flooring, new windows, new interior/exterior paint, etc. This property is centrally located near shopping, grocery stores, restaurants, the freeway, and many other amenities. Generating $7900/mo gross rental income with many upgrades and a potential lot subdivision with ADU additions, this property is the perfect addition to any investors portfolio with immediate cash flow and long term potential.
