Oroville, CA 95965 1911 Veatch Street
$589,000
2 more
Presented By: Karen Martin with Karen Whitlow Martin Real Estate; 530-228-5553
- MLS# OR25055908
- 03/13/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 9
Baths • 4
SQFT • 4,051
Home Details
GREAT RENTAL INCOME INVESTMENT OPPORTUNITY! This is a 6-unit, 2-story apartment building with three - 2 bedroom/1 bath units, two - 1 bath units and one studio apartment. The apartment complex has an onsite coin-op laundry room for added income. Fully rented with excellent rental history and income with long-term tenants. Current rents are below market . This is a great opportunity for your first investment property or to help grow an established rental portfolio. Oroville is a growing community and the property is centrally located near transportation, medical services and shopping. Situated near downtown Oroville and not far from Lake Oroville for recreational opportunities. Multi-unit properties like this are not often available in Oroville so don't miss the opportunity to own this 6-unit apartment building.
Presented By: Karen Martin with Karen Whitlow Martin Real Estate; 530-228-5553
Interior Features for 1911 Veatch Street
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInside, SeeRemarks
Total Stories2
Other Rooms
Entry Level1
General for 1911 Veatch Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityOroville
Community FeaturesBiking, DogPark, Foothills, Fishing, Hiking, HorseTrails, Lake, Park, WaterSports
CoolingWallWindowUnits
CountyButte
DirectionsWest on Mitchell Ave., right on Veatch St.
Electric Expense960.0
Electric On Property Y/NNo
Entry LocationFront
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income44340.0
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense3264.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet6098.0
Lot Size UnitsSquareFeet
MobileHomeRemainsYNNo
Net Operating Income37765.0
New ConstructionNo
Number Of Units Total6
Operating Expense6575.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard, Trust
Standard StatusActive
StatusActive
Stories2
Tax Lot13
Tenant PaysElectricity
Trash Expense1200.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
Water Sewer Expense1116.0
Waterfront Y/NNo
Year Built1906
Year Built SourceAssessor
ZoningR1
Exterior for 1911 Veatch Street
Building Area Total4051.0
Crops Included Y/NNo
FencingChainLink
Horse Amenities RidingTrail
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesStreetLevel
Lot Size Acres0.14
Lot Size Area6098.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesOffStreet
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate