71 Mono St Oroville, CA 95965

71 & 83 Mono St TWO APNS. 1 Vacant unit, will be rented for $800 before new owner takes over, then Gross income will be $104,952 Per year. Also all units will be up with 8% increase to $800 or more, so projected income of all at $800 is very conservative, 12 x 800 = $9600 or $115,200 a year. Current Property Manager managed since 2014, took over with 5 Vacancies and know this property and tenants well. Strong Property manager is the key to maintaining a good investment. 5 of the 12 units are on Section 8 so most of the rent is paid by the government, housing office. Very good property with a long term growth, also rent prices are going up as there is a shortage of good managed units. 6 detached buildings 1 building for 2 units, each 2br 1 bath