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$ 224,000
Est. payment | /mo
2 Beds
1 Bath
720 SqFt
$ 224,000
Est. payment | /mo
2 Beds
1 Bath
720 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 720 sqft
Price per Sqft $311
MLS Listing ID OR25244901
Bedrooms 2
Full Baths 1
Year Built 1935
Lot Size 0.750 Acres
Property Sub-Type Detached
Property Description
Incredible Investment & Potential Development Opportunity! Set on approximately 0.75 acres and zoned MHDR (Medium High Density Residential), this unique property offers a blend of immediate rental income and future development potential. With zoning that allows for up to 14 units per acre on 3,500 sq. ft. lot footprints, this site could support around 9 potential dwelling unitspending planning and design approval. According to Thermalito Water & Sewer District, the property includes one water meter and three existing sewer connections, offering a strong infrastructure base for future expansion. The propertys legal description includes 902, 904 & 906 14th Street, though currently improved with one tenant-occupied residencea 720 sq. ft. home featuring 2 bedrooms and 1 bathroom. A separate 960 sq. ft. detached building (recorded as a garage) adds even more versatility. Once in the process of being converted, it now serves as storage, but could easily be reimagined as a workshop, ADU, or restored garageideal for a hobbyist, builder, or investor seeking additional living or income space. There are also RV hookups in the rear pasture, creating potential for temporary income or future site improvements. The property sits just down the street from a newer apartment complex, underscoring the areas growth and development momentum. Both structures have had newer roofs installed in recent years, and while the home could use some cosmetic TLC, its overall in sound conditionperfect for an owner looking to build sweat equity or an investor seeking a value-add project with immediate upside
Location
State CA
County Butte
Zoning MHDR
Direction From town follow Oro Dam Blvd out towards the Afterbay and take a left on 14th Street. Property will be on left hand side.
Interior
Heating Wall/Gravity
Cooling Swamp Cooler(s)
Fireplace No
Exterior
Fence Chain Link
View Y/N Yes
Water Access Desc Public
Roof Type Composition
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Tax ID 030220012000
Special Listing Condition Standard
Listed by Mario Gattavara Coldwell Banker Lifestyle Properties
