3696 Spencer Avenue
Oroville, CA 95966
0.22 acres | #OR24170933
Description
Looking to do a little income property investing? Here is something to consider. Two homes here are being sold together adjacent to one another on separate parcels. The first is 3696 Spencer Avenue (AP#035-153-010), which is 3 bedrooms, 1 bathroom built in 1940 at 760+/-sf renting at $800.00 a month. The other is 2160 Fort Wayne Street (AP#035-153-009), which is a 2 bedroom, 1 bathroom built in 1936 at 480+/-sf renting at $800.00 per month. These homes sit side by side to one another and are currently occupied. (The Spencer parcel has an additional building at 576+/-sf which was prior used as a rental and is now used as storage. Owners have plans drafted 4/26/2023 to convert this to an ADU unit; available for review in MLS other docs. One would more than likely need to re-address the project with the city of Oroville building and planning. Designed to convert to a 1 bedroom with living, kitchen, full bath and laundry room). Both parcels sit on 0.11+/- acre lots for a total of 0.22+/- acres. DO NOT DISTURB TENANTS. *PUBLIC NOTE: SHOWN TO INTERESTED PROSPECTS WITH OFFER SUBJECT TO INTERIOR INSPECTIONS ONLY. WITH PROOF OF FUNDS OR QUALIFICATION LETTER ATTACHED. NO EXCEPTIONS.** Seller is not vacating tenants, tenants are staying. This is being sold as income property. Income and Expenses estimates per seller.
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Mario Gattavara (#ORmario)
Listing Office: Coldwell Banker Lifestyle Properties (#ORMJGI)
Listing Courtesy (Buyer)
Buyer's Agent: Antonio Cisneros (#oracisneros)
