1584 Montgomery St

1584 Montgomery Street in Oroville, California, presents a compelling opportunity for investors seeking a turnkey residential investment or a value-add project in a historically rich neighborhood.

Situated on a 9,147 sq ft corner lot, this 4-unit complex provides investors a prime opportunity to own a large property in the heart of downtown Oroville. Since its construction in 2005, the property has seen strong rental demand, with the majority of current tenants in long-term occupancy. Additionally, the property offers investors an opportunity to increase value with light renovations.

• PROPERTY OVERVIEW

• Total units: 4
• Unit configurations: 3 bedroom, 2.5 bathroom
• Total bedrooms/bathrooms: 12 beds, 10 baths
• Total living area: ~4,800 sq ft
• Unit sizes: 1,200 sq ft ?

• KEY FEATURES

• 1 car garage with each unit
• Easy access to shopping, dining, and public transportation
• Central A/C in each unit
• Laundry hookups in the garage of each unit (tenant-supplied washers and dryers)

• INVESTMENT HIGHLIGHTS

• Large corner lot in the heart of downtown Oroville
• Highly attractive location for a variety of renters
• Strong rental demand in the area with consistent occupancy
• Most current tenants in long-term occupancy
• Rent/value could be increased with light renovations

• No showings without an accepted offer. Please do not disturb tenants.