$875,000

Estimated payment $5,392/month

Total Views 3,373
9 Beds
4 Baths
3,482 Sq Ft
$251 Price per Sq Ft

Highlights

  • Fishing
  • Contemporary Architecture
  • Corner Lot
  • Chico Junior High School Rated A-
  • Cathedral Ceiling
  • Great Room

About This Home

This is a great opportunity to have income property with 2 homes on 1 lot. New roofs, clean and well maintained. Solid rental history. This location is close to CSUC and services. Fenced back yards, some off-street parking on driveway. Low maintenance yard. But best of all, seller would like to finance with 20%-25% down with a 30-year amortization at 5.5% all due in 8 to 10 years. Buyer to provide qualifying information.

Listing Agent

John Wallace

Century 21 Select Real Estate, Inc. Brokerage Phone: 530-514-2405 License #01110326 Listed on: 05/01/2026

Century 21 Select Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1992

Lot Details

  • 8,712 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Fence is in average condition
  • Corner Lot
  • Rectangular Lot
  • Private Yard

Home Design

  • Duplex
  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,482 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Double Pane Windows
  • Blinds
  • Great Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Electric Range
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 4 / 112
  • Assessor Parcel Number 004112006000
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Recreation

  • Fishing
  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $3,500
  • Professional Management Expense $5,670
  • Water Sewer Expense $2,500
  • New Taxes Expense $8,750
  • Operating Expense $20,420
  • Gross Income $63,300
  • Net Operating Income $42,880

Property Details

Home Type

Multi-Family

Year Built

Built in 1992

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Professional Management Expense: 5670.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 2500.00
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 004112006000
  • Year Built: 1992
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Cathedral Ceiling(s), Formica Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 251.29
  • Room Type: Laundry, Great Room, Galley Kitchen
  • Window Features: Double Pane Windows, Blinds

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood, Average Condition
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Wood Siding, Frame

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater, Electric Range
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Curbs, Biking, Hiking, Fishing, Street Lights, Urban, Storm Drains, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Rectangular Lot, Yard
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Gas, Trash Collection, Cable TV, Electricity

Multi Family

  • Gross Income: 63300.00
  • Gross Multiplier: 13.80
  • Gross Operating Income: 63300.00
  • Gross Scheduled Income: 63300.00
  • Gross Spendable Income: 42880.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 42880.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 20420.00
  • Rent Control: No
  • Total Expenses: 20420.00

Tax Info

  • New Taxes Expense: 8750.00
  • Tax Block: 112
  • Tax Lot: 4

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,821 $721,558 $238,797 $482,761
2024 $7,821 $707,411 $234,115 $473,296
2023 $7,729 $693,541 $229,525 $464,016
2022 $7,606 $679,943 $225,025 $454,918
2021 $7,463 $666,612 $220,613 $445,999
2020 $7,442 $659,777 $218,351 $441,426
2019 $7,307 $646,841 $214,070 $432,771
2018 $7,173 $634,159 $209,873 $424,286
2017 $7,028 $621,725 $205,758 $415,967
2016 $6,414 $609,535 $201,724 $407,811
2015 $6,414 $600,380 $198,694 $401,686
2014 $6,167 $580,000 $165,000 $415,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/01/2026 05/01/26 For Sale $875,000 -- $251 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN26094683

California Regional Multiple Listing Service (CRMLS)
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