Olivehurst, CA 95961,1838 8th AVE
Olivehurst, CA 95961,1838 8th AVE
Olivehurst, CA 95961,1838 8th AVE
99
$250,000
$275,000
9.1%
Est.Price: ?

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0.31 Acres Lot

1838 8th AVE Olivehurst, CA 95961

Est. payment /mo
SOLD DATE : 11/19/2022

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Key Details

Sold Price $250,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 222108002

Year Built 1963

Lot Size 0.314 Acres

Property Description

Sweet Sweat Equity! Very solid sweat equity opportunity here this duplex has outstanding upside potential. This duplex is sitting on a large lot with possible ADU or addition possibility based on the zoning. The property has a mostly stucco exterior and the roof on the duplex was replaced with a 50-year not too long ago. It also has dual pane windows. Each unit is 2-bedroom, 1 bathroom with laundry hookup in each bathroom. The right-hand side unit also has a 2-car garage. Both units have window air conditioners and wall furnace. If you can see beyond the clutter and cosmetic repairs needed there is some great upside here. Please review attached pest report and whole house inspection. The roof over the garage will need some minor repairs. The Rents are well below market. Our research shows an average rent in the neighborhood for a 2-bedroom 1 bath is $1320 per unit. Current GRM 12.38. Proforma GRM 10.25!!

Location

State CA

County Yuba

Area 12409

Interior

Heating Wall Furnace

Cooling Window Unit(s), Varies by Unit

Flooring Carpet, Tile

Laundry Washer/Dryer Hookups

Exterior

Exterior Feature Fenced Yard

Garage Garage

Garage Spaces 2.0

Utilities Available City

View City

Roof Type Composition

Building

Lot Description Shape Regular

Story 1

Foundation Slab

Sewer In & Connected

Water Public

Schools

Elementary Schools Marysville Joint

Middle Schools Marysville Joint

High Schools Marysville Joint

School District Yuba

Others

Special Listing Condition None

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MetroList® Services, Inc (RESO)
Listed by eXp Realty of California Inc.
Bought with Better Homes Realty

GET MORE INFORMATION

Jeff Barnhart

Realtor | License ID: 01495886

+1(916) 251-6778

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