2262 Hewitt Avenue Oroville, CA 95966

$370,000 Active

About the Property

TWO HOMES: 2262 & 2264 Hewitt. The property comprises two separate homes with separate yards and entrances. MAIN HOUSE: 1118 SqFt, 3 bedrooms, 2 baths, central heating and air, master suite, laundry in garage, attached garage, front and back yards. SECOND HOUSE: 900+/- SqFt, 1 bedroom + potential second, 1 bathroom, laundry room, new mini split unit, own yard. RENTAL INCOME: The front house is rented for $1750/month, and the back house is for $1450/month, for a total of $3200/month. INVESTMENT POTENTIAL: The property is ideal for investors or business-minded individuals seeking rental income or a combination of personal use and rental income. The tenants pay their own utilities. IMPORTANT CONSIDERATIONS: This is being sold as a rental property. Buyers who intend to live in one of the units will be responsible for vacating the tenant after closing. The seller has invested thousands of dollars into upgrades. SHOPPING IS ACROSS THE STREET: Raley’s, Petco, Marshalls, the post office & Little Ceasars Pizza

Property Information

Size 2,018 SqFt
Price/SqFt $183
Lot Size 0.14 Acres
Year Built 1961
Property Type Residential Income
Zoning R2
Listing Number SN24182826
Listed 8/31/2024
Modified 10/10/2024
Listing Agent Becky Williams
Listing Office Keller Williams Realty Chico Area
Total Building 2
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Water Meters
  • 2
Community Features
  • Sidewalks
Cooling
  • Central Air
Garage Spaces
  • 1.00
Gross Income
  • 3000.00
Gross Scheduled Income
  • 36000.00
Heating
  • Central
Levels
  • One
Net Operating Income
  • 31600.00
Operating Expense
  • 4400.00
Parking Total
  • 1.00
Pool
  • None
Price Pe rUnit
  • 185000
Sewer
  • Public Sewer
StoriesTotal
  • 1
Total Expenses
  • 4400.00
Water Source
  • Public