1.18 Acres in Oroville, CA - $299,000
**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. **Versatile Layout** Comprising a well-designed duplex at the front and a spacious standalone unit at the rear, this property caters to diverse investment strategies. **Duplex Units** The front duplex units, each with its own carport and storage,...
**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. **Versatile Layout** Comprising a well-designed duplex at the front and a spacious standalone unit at the rear, this property caters to diverse investment strategies. **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. **Standalone Unit** Nestled at the rear, the standalone unit features an additional 1 bed/1 bath space. With an adjoined two-car garage and a shared laundry facility this unit offers both privacy and functionality and also has its own electric meter. It presents an enticing opportunity for additional rental income. **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!
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