Oroville, CA 95966,2737 Gilmore LN
Oroville, CA 95966,2737 Gilmore LN
Oroville, CA 95966,2737 Gilmore LN
27
$1,500,000
$1,500,000
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

11,520 SqFt

2737 Gilmore LN Oroville, CA 95966

Est. payment /mo
SOLD DATE : 10/16/2020

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,500,000

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 11,520 sqft

Price per Sqft $130

MLS Listing ID SN20152162

Sold Date 10/16/20

HOA Y/N No

Year Built 1979

Tax Year 2019

Lot Size 2.000 Acres

Acres 2.0

Property Sub-Type Multi Family

Property Description

Two words describe this rare investment opportunity- CASH COW. Well maintained apartment complex consisting of 16 single story, two bedroom/one bathroom units (8 duplexes) each with an attached single car garage with washer/dryer hookups spread across 4 parcels totalling about 2 acres. Located behind Oroville Hospital, & accessed by a private road shared with the hospital. Exterior grounds are landscaped with tasteful trees & shrubs utilizing a water conservation plan by way of an automatic drip system, with decorative rock riverbeds throughout, also acting as a drainage system. Perimeter wood fence with masonry stone pillars runs along the back & sides of the complex. The exterior of the buildings have vinyl siding, composition roof, roof mounted security spot lights and locked mailboxes. Each virtually identical unit is about 725 sqft. with an enclosed patio with access from the living room through a sliding glass door, a kitchen with electric appliances (refrigerator, stove/oven & dishwasher), ceiling fans in each room & living area, windows with vertical blinds throughout, gas wall heater & wall A/C. The bathrooms have low flow toilets & either a full sized tiled walk-in shower or tiled tub/shower. Vinyl flooring is in the bathroom and kitchen with carpet throughout the rest of the unit. Twelve of the apartments have been entirely remodeled, with the remaining 4 partially remodeled. This is a one family owned, well run establishment, & a slam dunk investment opportunity.

Location

State CA

County Butte

Interior

Heating Wall Furnace, Natural Gas

Cooling Wall/Window Unit(s), Electric

Laundry Electric Dryer Hookup, Gas & Electric Dryer Hookup, In Garage

Exterior

Fence Good Condition, Privacy, Wood

Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected

Roof Type Composition

Building

Lot Description 16-20 Units/Acre, Front Yard, Landscaped, Level with Street, Near Public Transit, Patio Home, Paved, Sprinklers Drip System, Sprinklers Timer

Water Public

Others

Security Features Carbon Monoxide Detector(s),Security Lights,Smoke Detector(s)

Special Listing Condition Standard

Lease Land No

Confidential INFO

BAC 2.5

TERMS Submit

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE Agent,Occupant

SHOW CONTACT NAME Alisha Simpkins

SHOW CONTACT PH 530-354-4244

SHOW INSTRUCTIONS Text Agent for showing. Vacant unit is 2739 Gilmore Lane, Unit 3 is available to show and the rest can be seen upon acceptance. Please have your clients watch 3D tour before scheduling showing and provide proof of funds and PEAD prior to showing.

Read Less


CRMLS Plus
Listed by Keller Williams Realty Chico Area
Bought with Property Upsurge Inc
GET MORE INFORMATION
agent

Mark Witte

Agent | License ID: 02102425

+1(949) 269-7270

Name
Phone*
Message