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$749,000
2804 Orange Avenue,
Oroville, CA 95966
Bedrooms16
Bathrooms16
Size9294 Sq Ft ($80.59/ Sq Ft)
Lot Size25265 Acres
Year Built1958
Listing TypeResidential Income
Property Type5-15 Units
MLS Listing ID200907408
Published Date11/17/2010 3:16:00 PM 550 days ago
Listing Modified11/17/2010 3:32:00 PM 550 days ago
CASH COW with 10.72% Cap & 17.79% cash on cash before taxes. Please see attached report. Excellent location. Cross the street from Oroville High School. Clean 16 units apartment complex. 15 units are 1/1 and rent is $550 each, one studio and rent is $475. Manager lives in unit #12. Possible financing for $500,000 at 6.5% APR, 30 years amortization, due in 9 years and 5 years pre-payment penalty.
Exit # 48 Nelson, Right on 3rd St., left on Grand Ave, right on Table Mountain Blvd., continue on Washington Ave.
proposal-27240 #2.pdf  
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