$930,700
$1,045,000
10.9%For more information regarding the value of a property, please contact us for a free consultation.
16 Beds
8 Baths
8,712 Sqft Lot
SOLD DATE : 05/12/2022
Key Details
Sold Price $930,700
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN22017516
Sold Date 05/12/22
Bedrooms 16
HOA Y/N No
Lot Size 8,712 Sqft
Property Description
Great investment opportunity in downtown Chico! This quadruplex is 5 blocks from the university and features four, four-bedroom two-bathroom units. The property is professionally managed and has been well-maintained. The roof was replaced in 2019. Each unit has updated dual pain windows, renovated porch/staircase leading to the upstairs unit and a recently re-painted parking lot. The rents have been priced affordable and has given the property a strong rental history, all units are leased through summer 2022. The current total gross rent is $6,850 per month.
Great investment opportunity in downtown Chico! This quadruplex is 5 blocks from the university and features four, four-bedroom two-bathroom units. The property is professionally managed and has been well-maintained. The roof was replaced in 2019. Each unit has updated dual pain windows, renovated porch/staircase leading to the upstairs unit and a recently re-painted parking lot. The rents have been priced affordable and has given the property a strong rental history, all units are leased through summer 2022. The current total gross rent is $6,850 per month.
Location
State CA
County Butte
Area Chico (95928)
Zoning Appraiser
Building
Lot Description Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional, Exchange
Space Rent $1,775
Listing Terms Cash, Conventional, Exchange
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Bought with Tara Anderson • Ballou Company
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