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Listed by Tatjana Zina • Parkway Real Estate Co.
$ 399,000
Est. payment /mo
New
2870 Orange Avenue Oroville, CA 95966
5 Beds
3 Baths
2,519 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,519 sqft
Price per Sqft $158
MLS Listing ID SN-25166231
Bedrooms 5
Full Baths 1
Three Quarter Bath 2
Year Built 1890
Lot Size 0.260 Acres
Property Sub-Type Duplex
Property Description
This two home property on one lot offers a flexible and functional opportunity for both investors and owner-occupants. The main home features 4 bedrooms, 2 bathrooms, and 2 living rooms, while the detached second unit includes 1 bedroom, 1 bathroom, plus bonus room. Both homes are currently rented on month-to-month leases. The main home rents for $2,750 per month, and the second unit rents for $1,250 per month. Each unit has separate electric and gas meters. Inside the main home, you'll find new LVP flooring on the first floor, beautiful tall ceilings, and a freestanding gas stove in one of the living rooms. The kitchen is equipped with newer appliances, a large walk-in pantry, extra counter space, and plenty of natural light. A cozy nook off the kitchen can serve as a crafting, home office or homeschool area. The home boasts great curb appeal with a wraparound front porch, mature landscaping, and a fenced front yard. The separate backyard offers a paved patio area, a lovely porch with a built-in sink and counter space for outdoor cooking, a large storage shed and basement access. Additional features in the main house include a clawfoot soaking tub, and a walk-in shower in the ensuite. Recent updates (2021-2022) include a new roof, flooring, interior paint, kitchen appliances, updated ducting, and a new HVAC system in 2017. Extra LVP flooring will be left behind and could be used to replace the upstairs carpet if desired. The second unit is fully detached and private, separated by wood fencing, with its own gated driveway and parking off Center Street. It features 1 bedroom, a bonus room, a walk-in shower, and open-concept living and kitchen space. It also includes laundry hookups, new roof and exterior paint and flooring in 2022 and a new wall-mounted A/C unit installed in 2023. A large covered front porch completes the space. Currently generating $4,000 per month in rental income, this property offers strong cash flow, and excellent potential for multi-generational living or house hacking--live in one unit and offset your mortgage by renting the other!
Location
State CA
County Butte
Zoning R2
Interior
Interior Features Ceiling Fan(s), Dry Bar, Pantry, Tile Counters, Walk-In Pantry
Heating Central, Fireplace(s)
Cooling Central Air
Flooring Vinyl
Fireplaces Type Living Room
Laundry Outside
Exterior
Pool None
Community Features Lake, Sidewalks
View Y/N Yes
Building
Lot Description Paved, Yard, Back Yard
Sewer Public Sewer