Property listed by 100 for 100 Realty, Mario Gattavara 530-588-8373
1059 Thermalito Avenue
Oroville, CA 95965
Beds
3
Baths
2
Square Ft.
900
$215,000
Rental Investment Opportunity in Thermalito! Located in the desirable Thermalito area of Oroville and nearly backing up to Sierra Avenue Elementary School, this property offers a convenient location just minutes from town. Situated on approximately 0.26+/- acres, just over a quarter acre, the property enjoys a setting where neighboring homes… Read More have a bit of space between them, providing a more open feel than many in-town locations. Outdoor enthusiasts will appreciate the close proximity to the Feather River, Oroville Forebay, Afterbay, and Lake Oroville, providing abundant recreational opportunities nearby. The property is fully fenced with gated chain-link frontage and features a spacious yard with lawn areas extending from the front to the rear fence line, complemented by select shrubs and mature trees. Extensively freshened up around 2019, including the installation of a newer roof, this home offers a practical and functional layout featuring 3 bedrooms, 2 bathrooms, an indoor laundry room, a covered front porch with lattice accents, and a side carport for vehicle or recreational toy storage. The generous side yard offers potential space for a future shop, storage building, or additional improvements, subject to buyer verification and local requirements. Currently tenant occupied, the property has housed the same tenant for over a year and is currently on a month-to-month rental agreement. Tenant currently pays $1,300 per month and covers all utilities, with rent considered slightly below current market rates, creating an attractive opportunity for investors seeking immediate income with future upside potential. Seller is offering this property as a rental investment opportunity and has no intention of delivering the property vacant. Buyer to assume tenancy subject to applicable laws and regulations. If you would desire to live here, you will be responsible for vacating tenant after close. IMPORTANT NOTE: Showing Requirements. No showings will be permitted without prior verification of proof of cash funds or lender-issued pre approval letter, not your basic unverified pre-qual. Minimum 72-hour advance notice required for all showings. No exceptions. Contact your agent for additional details and showing instructions. Read Less
Listing Snapshot
Days Online
12
Last Updated
Property Type
SingleFamilyResidence
Beds
3
Full Baths
2
Square Ft.
900
Lot Size
0.26 Acres
Year Built
1947
MLS Number
OR26122626
Additional Details
Building
Built in 1947, Living area: 900.0, Living area units: SquareFeet, 1 storey, Levels: One, Entry level: 1, Entry location: 1
Community
Suburban
Cooling
WallWindowUnits
Exterior Features
Patio/Porch Features: Porch
Fence
ChainLink, SeeRemarks, Wood
Fireplaces
None
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Laundry
LaundryRoom
Lot
0.26 acres, Level, StreetLevel, Yard
Parking
1 carport spaces, 2 open parking spaces, 3 total parking spaces, Carport, DrivewayLevel
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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