2083 Elgin Street,  Oroville CA, 95966 (Residential Income)

1,824 sqft
Status: Sold
MLS#: OR15077224
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Last Updated: 12/11/2016 2:57 AM
Description for 2083 Elgin Street Oroville, CA 95966
Rare opportunity, This property has 3 units that houses people with mental disabilities. The 4th unit has an area for a bed and it's own bathroom. It does not have a kitchen. This is where the care giver stays. The property is set up for 12 beds 10 are currently occupied. Owner receives $675.00 per bed. Per the owner you do not need to have a license to do this. You do have to have someone live on site and provide meals three times a day. This is factored in under supplies for cost. This property can be sold with this income in place or you can use this property for rentals with three units on the property. The seller replaced the sewer line from the house to the LOPUD connection and has replaced some of the plumbing in two of the homes recently. These properties are furnished and its included in the listed price. Potential turn key income for the right person. There is a separate detached garage.
Price
Sold Price:
$150,000
Sold Date:07/17/2015
Butte
1,824 (approx)
OR15077224
Closed
Description
Rare opportunity, This property has 3 units that houses people with mental disabilities. The 4th unit has an area for a bed and it's own bathroom. It does not have a kitchen. This is where the care giver stays. The property is set up for 12 beds 10 are currently occupied. Owner receives $675.00 per bed. Per the owner you do not need to have a license to do this. You do have to have someone live on site and provide meals three times a day. This is factored in under supplies for cost. This property can be sold with this income in place or you can use this property for rentals with three units on the property. The seller replaced the sewer line from the house to the LOPUD connection and has replaced some of the plumbing in two of the homes recently. These properties are furnished and its included in the listed price. Potential turn key income for the right person. There is a separate detached garage.
Listing Information
Property Type: Cluster, Other
0.22 Acres 9,583 sq.ft. 1,824 (approx)
$82.24 1930
Public Water Service
Sewer Connected
4 Total
Neighborhood
Room Information
Exterior / Lot Features
Unassigned
None
No Pool
Financial Considerations
035153002000
$6,750 Income ,$28,440Expense
Listing Price History

Oroville Real Estate

Oroville is located in California. Oroville, California 95966 has a population of 15,492.

The median household income in Oroville, California 95966 is $36,709. The median household income for the surrounding county is $43,339 compared to the national median of $53,046. The median age of people living in Oroville 95966 is 32.7 years.

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Courtesy: Better Homes Of Oroville Cindy Peebles
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