CA > Oroville
Oroville, CA 95966,1776 Daryl Porter WAY
Oroville, CA 95966,1776 Daryl Porter WAY
Oroville, CA 95966,1776 Daryl Porter WAY
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$1,800,000
Est. payment /mo
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9,412 SqFt
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1776 Daryl Porter WAY Oroville, CA 95966

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Brian Winter

Brian Winter

+1(559) 737-2923

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 9,412 sqft

Price per Sqft $191

MLS Listing ID 225142346

HOA Y/N No

Year Built 1961

Lot Size 0.340 Acres

Acres 0.34

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

Introducing The Arbors at Hewitt Park, a fully renovated 14-unit apartment complex in the growing Oroville market. This turnkey asset consists of 8 2-bedroom units and 6 1-bedroom units, all 100% occupied and generating $18,400 in gross monthly income ($220,800 annually). The property has undergone a recent, full renovation, offering incoming investors a stabilized, low-maintenance asset with strong in-place cash flow from day one. Positioned at the end of a cul-de-sac, the property features a gated pool, on-site laundry, a recently updated parking lot, and low-maintenance landscaping. Directly adjacent is Hewitt Park, which is currently undergoing a major expansion enhancing the tenant experience, boosting long-term desirability, and adding immediate value-upside to the location. With the expanding location amenities, recent full renovation and excellent current in-place rents, this is a great property for an investor to add to their portfolio for immediate cash-flow and long term potential.

Location

State CA

County Butte

Area 12567

Direction From Montgomery Street, turn right onto Myers St, turn left onto Baldwin Ave, turn right onto Daryl Porter Way.

Interior

Heating Wall Furnace

Cooling Ceiling Fan(s), Wall Unit(s), Window Unit(s)

Flooring Carpet, Vinyl

Window Features Dual Pane Partial

Laundry Washer/Dryer Leased, In Common Area

Exterior

Parking Features Off Street, Street

Utilities Available Other

Water Access Desc Public

View Park

Topography Level

Total Parking Spaces 14

Building

Lot Description Cul-De-Sac, Sidewalk, Landscape Back, Landscape Front, Other

Story 2

Foundation Concrete

Sewer Public Sewer

Water Public

Schools

Elementary Schools Oroville City

Middle Schools Oroville City

High Schools Oroville Union

School District Butte

Others

Senior Community No

Tax ID 012-160-058-000

Special Listing Condition None

Lease Land No

MetroList® Services, Inc
Listed by eXp Realty of Northern California, Inc.

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Brian Winter

Brian Winter

Agent | License ID: 0200992

+1(559) 737-2923

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1776 Daryl Porter WAY

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