RARE FINANCING OPPORTUNITY! Take advantage of an existing LOW-INTEREST, assumable VA mortgage! Qualified buyers, INCLUDING NON-veterans, may be eligible to assume the seller's existing loan and its favorable terms, subject to lender approval. Ask your agent about this unique financing opportunity! Fantastic opportunity in Oroville! This well-maintained 2-bedroom, 1-bathroom home delivers 1,044 sq ft of comfortable living space on a generous 1/3-acre lot. Featuring beautiful hardwood laminate flooring, central heat and air, a whole-house fan, and a cozy living room fireplace with a wood-burning insert, this residence blends timeless character with excellent efficiency. Enjoy peace of mind with a newer 2021 roof and a cost-saving solar system. The exterior amenities are exceptional and rare at this price point: step out onto an expansive wood deck perfect for relaxing, or utilize the oversized detached garage complete with a dedicated workshop area and its own half bath. Bringing toys or an RV? The property is fully equipped with dedicated RV hookups providing water, power, and sewer access. Best of all, the prime 0.33-acre parcel features versatile R4 High-Density Residential zoning. This may open the door to significant upside potential for future multifamily development, additional residential units, or an ADU configuration. Live comfortably today while exploring the exciting possibilities this property may offer for tomorrow! Buyer to verify all aspects of zoning, permitted uses, development potential, and utility connections with the City of Oroville. Schedule your private showing today!