3696 Spencer Avenue

    Oroville, CA 95966
    • $169,000
    • STATUS: Active
    • ON SITE: 58 days
    • ID#: OR19197279
    UPDATED: 32 min ago
    $169,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,240
      SQFT
    • $136
      $/SQFT
    Type:
    Multi-Family
    Built:
    1940
    County:

    School Ratings & Info

    Description

    Opportunity. 3 buildings here, 3 water meters, 2 homes. 2 legal AP#'s/parcels. Currently 1 home at 3696 Spencer Avenue on AP#:035-153-010. This parcel has a 3 bed 1 bath at 760sf per owner/records show a 1/1 home. Currently this home has a tenant in place. 1+ year tenant. $800mo rent. Adjacent to this home to north is a boarded up structure@ 576sf. Has an address on it. Legal description shows 3696 & 3698 Spencer with two water meters on this parcel. Buyer to verify if desired the possibility of turning this into a second unit on this same parcel; no guarantees warranted. Separate parcel to the west 2160 Ft Wayne AP#:035-153-009. This parcel has a 2 bed 1 bath home at 480sf per owner/records show a 1/1 home. There is 10yr+/- tenant in place. $500mo rent. Good opportunity for income investment. Live in one & rent the other. Renovate boarded up building into what it could be. This is an as inspected sale. Obtain all inspections desired to suit ones self, no concessions or credits will be made. Buyer advised to investigate to suit ones self. Offer subject to interior inspections; as sellers do not want to disturb tenants any more than necessary. Shown to individuals with offers subject to inspections only. Serious prospects write an offer "Subject To Interior Inspections", with verification of funds to acquire attached. Great opportunity for creative investor. Seller states one of the structures may be over the property line of adjoining lot. Income & Expense Estimates Only.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-15T20:37:40.33. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or HEADQUARTERS | Keller Williams Beverly Hills. Licensed in the State of California, USA.
    www.dscvrproperties.com/homes/98067789

    3696 Spencer Avenue Oroville, CA 95966

    • Price: $169,000
    • Status: Active
    • Updated: 32 min ago
    • ID#: OR19197279
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    1,240
    SQFT
    $136
    $/SQFT
    1940
    Built
    County:
    Butte
    Property Description
    Opportunity. 3 buildings here, 3 water meters, 2 homes. 2 legal AP#'s/parcels. Currently 1 home at 3696 Spencer Avenue on AP#:035-153-010. This parcel has a 3 bed 1 bath at 760sf per owner/records show a 1/1 home. Currently this home has a tenant in place. 1+ year tenant. $800mo rent. Adjacent to this home to north is a boarded up structure@ 576sf. Has an address on it. Legal description shows 3696 & 3698 Spencer with two water meters on this parcel. Buyer to verify if desired the possibility of turning this into a second unit on this same parcel; no guarantees warranted. Separate parcel to the west 2160 Ft Wayne AP#:035-153-009. This parcel has a 2 bed 1 bath home at 480sf per owner/records show a 1/1 home. There is 10yr+/- tenant in place. $500mo rent. Good opportunity for income investment. Live in one & rent the other. Renovate boarded up building into what it could be. This is an as inspected sale. Obtain all inspections desired to suit ones self, no concessions or credits will be made. Buyer advised to investigate to suit ones self. Offer subject to interior inspections; as sellers do not want to disturb tenants any more than necessary. Shown to individuals with offers subject to inspections only. Serious prospects write an offer "Subject To Interior Inspections", with verification of funds to acquire attached. Great opportunity for creative investor. Seller states one of the structures may be over the property line of adjoining lot. Income & Expense Estimates Only.
    Exterior Features

    Foundation Details Combination Garage Spaces 0.00 Lot Features Corner LotLevel With Street Lot Size Source Assessor Lot Size Units Acres Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN No Roof Composition

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Inside Levels One

    Property Features

    Additional Parcels Description 035153010000 Additional Parcels YN Yes Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Suburban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 15600.00 Gross Scheduled Income 15600.00 Insurance Expense 2000.00 Land Lease YN No Laundry YN Yes Net Operating Income 9918.00 New Construction YN No New Taxes Expense 2112.50 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 3 Operating Expense 5682.00 Property Condition Repairs Cosmetic Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 1300.00 Total Expenses 5682.00 Trash Expense 720.00 Water Sewer Expense 850.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Mario Gattavara of United Country Lifestyle Properties And Land Co.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-15T20:37:40.33. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or HEADQUARTERS | Keller Williams Beverly Hills. Licensed in the State of California, USA.
     
    HEADQUARTERS | Keller Williams Beverly Hills
    439 N Canon Drive, 3rd Floor
    Beverly Hills CA, 90210