187 LOST HORIZON DR
OROVILLE, CA 95966
$399,900
5 Beds
3 Baths
2,000 Sq Ft
Status Active
MLS# SN24086126
TWO HOMES on ONE LOT! An opportunity like this does not come around too often! A fantastic home owning and rental income opportunity for the investment minded Buyer is ready for you Right Now! Got a big family or combining families? Check this out too! Two homes on one lot sitting on .64 of an acre located in the foothills of Oroville away from the busy life of town. The front home measures approximately 1200 square feet with 3 bedrooms 2 Bathrooms, with the upstairs bathroom serving the master bedroom. You'll find lots of light in all the bedrooms plus a view in the upstairs rooms. The kitchen, bathrooms, flooring and paint have been recently updated so you'll get a fresh home feeling the moment you walk in. The homes have been well maintained throughout the years. The second home is two bedrooms and one bathroom measuring approximately 800 square feet and also has been recently updated. It features a welcoming front deck, a great room style floor plan with the living room and kitchen openly connected together, inside laundry room and a private backyard. The rear home currently rents for $1250 per month (with an estimated potential of $1500 per month),the front has an estimated potential to receive $2000 per month. These properties can help you pay your mortgage. Live in the smaller house and the front house can reduce your mortgage by up to $2,000 per month. Or if you want more space the back house will bring about $1,500 per month to also help offset the mortgage payment. Imagine living in one home and receiving rental income to help you with your house payment.
Details for 187 LOST HORIZON DR
Built in 1967
$200 / Sq Ft
8 parking spaces
Evaporative Cooling,Wall/Window Unit(s)
Propane, Wall Furnace
39 Days on website
0.64 acres lot
Price per square foot and days on website are not provided values and are calculated by RE/MAX.
Michael Daly
Re/Max of Chico, 530-896-9300
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