$1,495,000

Estimated payment $9,751/month

Total Views 5,004
9 Beds
8 Baths
2,800 Sq Ft
$534 Price per Sq Ft

Highlights

  • Double Pane Windows
  • Cooling System Mounted To A Wall/Window
  • Level Lot
  • Chico Junior High School Rated A-
  • Laundry Room
  • Wood Siding

About This Home

Investment Opportunity with 8 units not far from Enloe Hospital in Chico. Three 2/1, three 1/1 and 2 studio apartments in all with a monthly rental income of $7470/mo.

Listing Agent

Lee Hunt

Re/Max Top Properties Brokerage Phone: 530-200-6291 License #01174300 Listed on: 04/02/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 10,454 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • Apartment
  • Combination Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,800 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Parking

  • Parking Available
  • Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Combination Of Heating Systems
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 19,20
  • Assessor Parcel Number 003613026000

Community Details

Overview

  • 2 Buildings
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Water Sewer Expense $150
  • Operating Expense $150

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 186875
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 150.00
  • Zoning: R1
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 003613026000
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 533.93
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Combination
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Concrete, Paved, Off Street

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater
  • Heating Type: Combination
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 10454.00
  • Lot Size Acres: 0.2400

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Scheduled Income: 7470.00
  • Lot Size Area: 10454.0000 Square Feet
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 8
  • Number Wall A C: 8
  • Number With Range: 8
  • Rent Control: No
  • Total Expenses: 150.00

Tax Info

  • Tax Census Tract: 6.01
  • Tax Lot: 19,20

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2025 02/15/25 For Sale $1,495,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN25069491

California Regional Multiple Listing Service (CRMLS)