71 Mono St., Oroville, CA 95965 - 20568354 - iPro Real Estate
iPro Real Estate

iPro Real Estate

71 Mono St.
Oroville, CA 95965

Active Contingent, Multi-Family/Income Sale

For Sale

$1,000,000

Free Professional CMA

Listing ID : 20568354

  • Beds

    8
  • Garage

    61912

Description

71 & 83 Mono St TWO APNS. 1 Vacant unit, will be rented for $800 before new owner takes over, then Gross income will be $104,952 Per year. Also all units will be up with 8% increase to $800 or more, so projected income of all at $800 is very conservative, 12 x 800 = $9600 or $115,200 a year. Current Property Manager managed since 2014, took over with 5 Vacancies and know this property and tenants well. Strong Property manager is the key to maintaining a good investment. 5 of the 12 units are on Section 8

Details

Type: Multi-Family/Income Sale 
County: Butte 
Tax ID: 031053057
Net Operating Income: $61,912 
Days on Market: 659 
Number of Units: 12 
Property Type: Residential Income 
Sub Type: Multi Family 

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Interactive

39.5257 -121.564789 $1,000,000 20568354
71 Mono St., Oroville, CA 95965
Directions to here from:

Area Information 95965

Population:

21,016 % since 2010
Average Income:
$62,351
Average Age:
37Years
Gender:
50.7%Male
49.3%Female
Households:
7,44632.54% with children
Average Value:
$288,620
Occupancy:
54.24%Owned
45.76%Rented
11.23%Vacant
Education:
32.24%High School
7.01%Associate
9.19%Bachelor
3.95%Graduate
Average Residency:
18Years
Crime Rate:
Average
Annual Rainfall:
43.11Inches
Earthquake Risk:
Average
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Very Low
Wind Risk:
Very Low

History

Date Transaction Price Mortgage Amt & Lender
Date
May 19, 2021
Transaction
Expired - Residential IncomeOR11159747
Price
$749,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Jason Hurst with EGL Properties Incorporated