720 Safford, Oroville, CA
Multi-family for Sale - $229,500 - 3,000 Sq. Ft. on 0.2 acres
Property Info
| CIMLS# | 642841 |
| Location 720 Safford Oroville CA 95965 | |
| Updated | July 6th, 2014 |
| Type | Multi-family |
| Price | $229,500 |
| Building | 3,000 Sq. Ft. |
| Land | 0.2 acres |
Property Description
720 Safford St. is an older four-plex located in the downtown area of the City of Oroville. The property is convenient to the freeway and to shopping. It is in close proximity to Bedrock Park, River Bend Park and the Feather River. The property has one 3-bedroom 2-bath unit and three 2-bedroom 1-bath units. It is approximately 3,000 SF and was built in 1942. It is situated on an 8,276 SF lot. Property is presently used as a transitional living facility. Call for appointment. Do not disturb tenants. Broker coop invited.
Financials
GRM 6.17
Price per unit $57,375
ROI 9.6%
Cap. Rate 9.8%