Oroville, CA 95965,1234 Middlehoff Lane
Oroville, CA 95965,1234 Middlehoff Lane
Oroville, CA 95965,1234 Middlehoff Lane
18
$299,000
Est.Price: ?

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2 BD
2 BA
1.18 Acres Lot

1234 Middlehoff Lane Oroville, CA 95965

Est. payment /mo
SOLD DATE : 11/12/2024

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OR24106359

Sold Date 11/12/24

Bedrooms 2

HOA Y/N No

Lot Size 1.180 Acres

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, cre
**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!

Location

State CA

County Butte

Area Oroville (95965)

Zoning Public Rec

Interior

Heating Electric

Cooling Swamp Cooler(s)

Exterior

Parking Features Unit1:Assigned

Community Features Horse Trails

Complex Features Horse Trails

Roof Type Composition

Building

Lot Description Corner Lot

Story 1

Level or Stories 1 Story

Others

Acceptable Financing Cash, Conventional, FHA

Space Rent $875

Listing Terms Cash, Conventional, FHA

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San Diego Regional MLS (SDMLS)
Listed by Aaron Landers • Century 21 Select Real Estate Inc
Bought with Garrett French • Century 21 Select Real Estate, Inc.

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