Income opportunity with strong rental history for this turnkey six-plex on Grand Avenue. Three two-story buildings. All units are three bedroom, two bathroom with an open floor plan. Updates have been made to five of the units including granite counters, new flooring and paint, in addition all buildings have new exterior paint. All units have in-unit laundry hookups. Ground-floor units have patios; upstairs units feature balconies, each with a storage closet. Two covered parking spaces per unit. Long-term tenants and diligent maintenance make this a smooth, take-the-keys and take over investment. Over a 7% cap rate!
Features
12 bedrooms
8 bathrooms
crop_free18731 sq. ft. lot size
cottageMulti-Family
Property history for 70 Grand Ave
2016
Sold
$575,000
31 May 2016 by Mark Wisterman
Happy sellers in Oroville
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Local market activity for 12 bedroom multi families in Oroville
Sold
For Sale
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