$599,000
For Sale

5772 Black Olive Drive

Paradise, CA 95969
0.41 acres | #SN24227564
Listing OfficeConnect Real Estate Group
Browse 56 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

This property boasts TWO beautiful homes on one lot (5772 & 5776 Black Olive) — perfect for anyone looking to live in one and rent the other or generate steady rental income from both. Rental demand is high in Paradise, and this property helps meet that need with its ideal setup. Each home offers 1275 square feet of open-concept living, complete with 2 spacious bedrooms and 2 bathrooms. These homes are built with functionality and style in mind, featuring high-efficiency ductless mini-split systems, stamped concrete driveways and walkways, and a fully landscaped yard for easy outdoor enjoyment. Both homes also come with a private 2-car garage and laundry hookups for added convenience. Located just moments from Paradise's charming downtown, residents have quick access to local favorites like the Paradise Memorial Trailway—a beautiful 5.2-mile path through town perfect for walking or biking. Nearby, you’ll find Paradise Community Park, which hosts popular community events throughout the year, and Joy Lyn’s Candy Shop for those with a sweet tooth! Plus, the central location makes commuting to Chico or navigating Paradise a breeze. Each home has its own electric meter for separate billing, and the property shares a single water meter. Thoughtfully designed for timeless appeal and functional for today’s needs, don’t miss this opportunity to own an income-producing property in a fantastic community location.

  • Property Details
      • InteriorCeilingFans, OpenFloorplan, Pantry, QuartzCounters, RecessedLighting, MainLevelPrimary, WalkInPantry
      • Utility FeaturesCableAvailable, ElectricityConnected, PhoneAvailable, SewerNotAvailable, WaterConnected
      • Lot DescriptionBackYard, FrontYard, SprinklersInRear, SprinklersInFront, StreetLevel
      • Property SubtypeSingleFamilyResidence
      • FoundationPillarPostPier
      • Property TypeMulti-Family
      • Sewer InformationSepticTank
      • MLS #SN24227564
      • MLS #SN24227564
      • Original List Price$599,000
      • Utility SourcePublic
      • Cost599000
      • CountyButte
      • Acres0.41
      • Year Built2024
      • Stories1
      • Parking Spaces4

Location

SparrowLily Realty, Inc.Real Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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