71 Mono St

    Oroville, CA 95965
    • $900,000
    • STATUS: Active
    • ON SITE: 135 days
    • ID#: 18394758
    UPDATED: 196 min ago
    $900,000
    • 0
      BEDS
    • 1.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,640
      SQFT
    • $104
      $/SQFT
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Nice 12 unit property that is making nice Cash flow. 11 of the 12 units are filled and will put a Veteran in the last unit for $750, Upside in rent possible. All 2 Br 1 Bath Have a VERY STRONG Property Manager in place who increased tenancy rates from 58% to over 90% and will also help to place Veterans in units to get higher rents. This Property is ready to go for a new buyer, as a good Property Management is key to maintain a sounds investment.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-22T01:01:56.25. 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. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/88328631

    71 Mono St Oroville, CA 95965

    • Price: $900,000
    • Status: Active
    • Updated: 196 min ago
    • ID#: 18394758
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.13
    Acres
    8,640
    SQFT
    $104
    $/SQFT
    Neighborhood:
    LCBCR - Butts Canyon Road
    County:
    Other County
    Area:
    LCBCR - Butts Canyon Road
    Property Description
    Nice 12 unit property that is making nice Cash flow. 11 of the 12 units are filled and will put a Veteran in the last unit for $750, Upside in rent possible. All 2 Br 1 Bath Have a VERY STRONG Property Manager in place who increased tenancy rates from 58% to over 90% and will also help to place Veterans in units to get higher rents. This Property is ready to go for a new buyer, as a good Property Management is key to maintain a sounds investment.
    Exterior Features

    Lot Size Source Estimated Lot Size Units Square Feet Parking Features Driveway - Concrete Parking YN Yes

    Interior Features

    Laundry Features Electric Dryer Hookup

    Property Features

    Cap Rate 6.14 Gross Multiplier 9.88 Gross Operating Income 88692.00 Laundry YN Yes Net Operating Income 55252.00 Special Listing Conditions Standard Total Expenses 33440.00

    Listing provided courtesy of Jason Hurst of Egl Properties Incorporated


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-22T01:01:56.25. 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. Licensed in the State of California, USA.
     
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    Covina CA, 91723